Bolt.com, what used to be a social network turned video sharing site, bolts out of the web after more than a decade of existence.
The once vibrant Bolt.com site is now a blank space that bears the following notice when accessed:
Please be advised that the operations of Bolt, Inc. and Bolt.com have ceased. Net Revolution, Inc. and Bolt, Inc. have executed an Assignment for the Benefit of Creditors effective as of August 14, 2007. Please direct any creditor related questions or comments to the Assignee’s office to the attention of: Development Specialists, Inc. 345 California Street, Suite 1150, San Francisco, California 94104-2664.
The Notice of Assignment will be mailed to all known creditors in the near future. If you are interested in acquiring this site or other assets of Bolt or Net Revolution please contact, [email protected]
This unfortunate shutdown is reported to be the result of a failed acquisition by GoFish at the start of the month. This, however, is not the end of the world for the founders of Bolt.com as they busy themselves with WikiYou, a new startup that was launched last month.
Death does apply to startups, after all. But life goes on, even in the www.