Here's your Forbes Daily Briefing for Thursday, September 5th.

Today on Forbes, Restraining Orders and Dumb Founded Investors

Ryan Breslau's 450 million dollar Bolt Round in Chaos.

On Monday morning, Bolt founder Ryan Breslow

thanked a group of investors for signing a deal that would reinstall him as CEO of the payments company,

which announced plans in August to raise 450 million dollars at an astronomical

$14 billion valuation.

In an email to shareholders, he wrote,

quote,

I'm so grateful to announce the support of so many of our key stockholders

for the Series F financing round. The email went on to list, quote,

a few investors who have given us permission to share their names as supporters.

That list included NGF capital,, Stack Capital, Streamlined Capital, Third Base Capital, Stonebridge,

Montauk Ventures, Daniel Fine, Ashpornori, David Spencer, Oleg Shellsoff, Steve Ryan, Mike Rolivsky, and Bruno Wernek.

For Braslow, whose planned raise and reinstatement as CEO requires the majority approval of

preferred shareholders lining up endorsements from 13 willing to be publicly

named was a proud moment were it not for one problem?

Some of them had not actually given their support.

Philip Krim, the founder of Montauk Ventures

and mattress startup Casper,

told Forbes, quote,

Montau Ventures has not and does not support the financing.

...