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Valuetainment

"Finding Problems That Don't Exist" - Bolt CEO ELIMINATES Entire HR Staff

Valuetainment

Valuetainment Episodes

Business

4.81.7K Ratings

🗓️ 29 May 2026

⏱️ 12 minutes

🧾️ Download transcript

Summary

Bolt CEO Ryan Breslow explains why he fired his entire HR department, saying they were “creating problems that didn’t exist,” and Patrick Bet-David breaks down when HR becomes a growth engine versus a bureaucratic bottleneck that kills speed, culture, and accountability

Transcript

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0:00.0

Some follow the noise.

0:03.3

Bloomberg follows the money.

0:05.4

Because behind every headline is a bottom line.

0:09.3

Whether it's the funds fueling AI or crypto's trillion dollar swings,

0:13.8

there's a money side to every story.

0:16.5

And when you see the money side, you understand what others miss.

0:20.8

Get the money side of the story.

0:23.0

Subscribe now at Bloomberg.com.

0:27.6

A CEO of Bolt, I'm going to go business.

0:30.4

We'll come back.

0:30.9

We've got a lot of other stories we'll get into, but I'm going to go into a business story here.

0:34.6

Bolt's CEO all of a sudden decides to fire his entire HR team. And people are like, wait,

0:41.5

what? Yep. He decided to get rid of his entire HR team. Here's he is explaining why he did so.

0:47.9

Go for it, Rob. We got rid of our HR team. Why? We had an HR team, right? And that HR team was creating problems that didn't exist. And those problems disappeared when I let them go.

1:04.2

Why? Why did you get rid of your HR team? We replaced it with a couple person people ops team, which was meant to just streamline people operations.

1:12.7

Okay.

1:13.1

I can't say that I would advise the same in a large company, but we're back in startup mode

1:21.5

again.

1:21.9

Those HR professionals have really important insights when you're in a peacetime and when you're at a

1:30.1

larger company. But, you know, we're a remote company. It's not like, you know, a lot of the

1:34.8

potential issues that you would have in a workplace don't really exist because you're not in the

1:40.1

same room as somebody. You can pause it right there. Tom, thoughts on this because we've been dealing

...

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