Saturday, March 10, 2007

Bolt is gone

Before Elsevier I used to work for Bolt handling their e-commerce operations. Seven years ago when no one was doing social networking and tagging we had a huge amount of users (teen agers) coming to our site and hanging out with other teenagers and generating user content. Aaron Cohen and Dan Pelson had the right idea at the time to create a teen-age social networking site. After the crush, Bolt continued the operation with a small stuff. Apparently in order to pay $10 million settlement to Universal, Bolt was sold to GoFish. Btw working at Bolt was a great experience.

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