News: Nichole Wischoff and her VC firm Wischoff Ventures have raised $50 million for her third fund. I spoke to the Nashville investor about her difficult childhood, going viral on social media and how she's backing the "new supply chain" for Forbes. forbes.com/sites/alexkonr…

Scoop: In an email to shareholders, Bolt founder Ryan Breslow thanked a dozen investors for supporting him and the $450 million deal. Only, some of them told Forbes they actually hadn't. Meanwhile, BlackRock & others have filed a restraining order in court to block the round.

"Watching from the sidelines as the company I’ve poured my heart and soul into slowly lost its way was nothing short of devastating," Breslow wrote. In their filing, BlackRock et al said "Breslow stands on all sides of the purported deal." w/Iain Martin forbes.com/sites/iainmart…

One of the most bizarre Silicon Valley stories has taken a new twist. Bolt founder Ryan Breslow wrote to investors earlier this week naming several shareholders who had backed his chaotic attempt to raise $450 million at a $14 billion valuation.

“Montauk Ventures has not and does not support the financing,” Philip Krim, the founder of Montauk Ventures and mattress startup Casper, told Forbes. “I am not sure why Ryan included me. He did not have my permission and I do not support this financing.”

yesterday bloomberg reported that nvidia got subpoenaed by the DoJ today nvidia insists it didnt get a subpoena, it just got a legally binding request for information that everyone commonly refers to as a subpoena lol

And a new update the restraining order applied for by Blackrock, Hedosophia, and Untitled Ventures against Bolt's Series F fund raise has been approved. The order remains in place until September 18 when there will be a new hearing at the Delaware court.

State actors see alternative media ecosystems as a vehicle for promoting their agendas, and take advantage of that by not just covertly funding them, but also giving them access to their officials and platforming them at places like the UN.

OnlyFans paid $148m in UK corporation tax last year, according to its new accounts, enough to cover the cost of educating 15,000 British schoolchildren. One of the UK's biggest online media success stories but, er, it won't be getting a ministerial visit anytime soon.

The annual results for Britain’s best (?) startup just dropped: GMV: $6.6bn up 20% Users: 305m annual up 27% Revenue: $1.3bn up 20% Profits: $485m up 16% Dividend: $485.4m up 40% If you can’t guess these are the numbers for OnlyFans’ parent company Fenix

Perhaps more incredibly is that OnlyFans is entirely owned by billionaire Leonid Radvinsky who has now earned over $1 billion in dividends from the company in the last three years forbes.com/sites/iainmart…

Radvinsky bought OnlyFans from its British cofounders for an unknown sum in 2018. Forbes now estimate Radvinsky is worth $3.8bn For more on Radvinsky’s err interesting early career forbes.com/sites/thomasbr…

Another crazy stat OnlyFans now only has 42 employees that’s down from 52 last year. That’s $30.9m revenue per employee. For reference Netflix is regularly cheered for its $2.4m ratio