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   soc.retirement      For seniors: retirement, aging, geronto      157,025 messages   

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   Message 156,242 of 157,025   
   Invest woke? Go Broke! to governor.swill@gmail.com   
   Re: Bolt Mobility has vanished, leaving    
   01 Aug 22 08:15:37   
   
   XPost: alt.disney, alt.politics.democrats.d, alt.fan.rush-limbaugh   
   XPost: talk.politics.guns   
   From: invest.woke.go.broke@disney.com   
      
   In article    
    wrote:   
   >   
   >   
   > Very happy to see Swallwell fail after his immature ignorant behavior with a   
   Chink whore spy.   
   >   
   > Monkey Pox, right on time to give Democrats an excuse to cheat in the next   
   election.   
      
   Bolt Mobility, the Miami-based micromobility startup co-founded   
   by Olympic gold medalist Usain Bolt, appears to have vanished   
   without a trace from several of its U.S. markets.   
      
   In some cases, the departure has been abrupt, leaving cities   
   with abandoned equipment, unanswered calls and emails and lots   
   of questions.   
      
   Bolt has stopped operating in at least five U.S. cities,   
   including Portland, Oregon, Burlington, South Burlington and   
   Winooski in Vermont and Richmond, California, according to city   
   officials. City representatives also said they were unable to   
   reach anyone at Bolt, including its CEO Ignacio Tzoumas.   
      
   TechCrunch has made multiple attempts to reach Bolt and those   
   who have backed the company. Emails to Bolt’s communications   
   department, several employees and investors went unanswered.   
   Even the customer service line doesn't appear to be staffed. The   
   PR agency that was representing Bolt in March of this year told   
   TechCrunch it is no longer working with the company.   
      
   Bolt halted its service in Portland on July 1. The company’s   
   failure to provide the city with updated insurance and pay some   
   outstanding fees, Portland subsequently suspended Bolt’s permit   
   to operate there, according to a city spokesperson.   
      
   Bolt zooms than stalls   
   Bolt Mobility (not to be confused with the European   
   transportation super app also named Bolt) was on what appeared   
   to be a growth streak about 18 months ago. The company acquired   
   in January 2021 the assets of Last Mile Holdings, which owned   
   micromobility companies Gotcha and OjO Electric. The purchaser   
   opened up 48 new markets to Bolt Mobility, most of which were   
   smaller cities such as Raleigh, North Carolina, St. Augustine,   
   Florida and Mobile, Alabama.   
      
   After purchasing Last Mile's assets, Bolt agreed to continue as   
   the bike share vendor in Chittenden County, Vermont, including   
   cities Burlington, South Burlington and Winooski.   
      
   That license was even renewed in 2022, said Bryan Davis, senior   
   transportation planner of the county.   
      
   “We learned a couple of weeks ago (from them) that Bolt is   
   ceasing operations,” Davis told TechCrunch via email, noting   
   that Bolt ceased operations July 1, but actually informed the   
   county a week later. “They’ve vanished, leaving equipment behind   
   and emails and calls unanswered. We’re unable to reach anyone,   
   but it seems they’ve closed shop in other markets as well.”   
      
   Sandy Thibault, executive director of Chittenden Area   
   Transportation Management Association, told the Burlington Free   
   Press that Bolt communicated that employees were being let go   
   and the company’s board of directors was discussing next steps.   
      
   A spokesperson at Burlington relayed similar information.   
      
   “All of our contacts at Bolt, including their CEO, have gone   
   radio silent and have not replied to our emails,” Robert   
   Goulding, public information manager at Burlington’s Department   
   of Public Works, told TechCrunch.   
      
   Davis went on to say that about 100 bikes have been left on the   
   ground completely inoperable and with dead batteries. Chittenden   
   County has given Bolt a time frame in which to claim or remove   
   the company’s vehicles otherwise the county will take ownership   
   of them.   
      
   Bolt also appears to have stopped operating in Richmond,   
   California, according to Richmond Mayor Tom Butt’s e-forum.   
      
   “Unfortunately, Bolt apparently went out of business without   
   prior notification or removal of their capital equipment from   
   city property,” wrote Butt. “They recently missed the city’s   
   monthly meeting check-in and have been unresponsive to all their   
      
   [continued in next message]   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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