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Eskaminagaga

08/18/15 4:53 PM

#95948 RE: TRUISM #95947

You may be right. They have stated in many of their articles that they can effectively program the properties of the silk to an extent to fit the desired application, so even if they are unable to currently reach the dragline properties, I doubt it will be long until they do.

EDIT: Interesting thing here. You posted something earlier in October last year in your Post 82213 that stated that their initial product is dragline silk.

If you follow the link in that post, it now no longer states what you quoted. It now states:

Bolt Threads

Bolt Threads harnesses proteins found in nature to create materials with practical and revolutionary uses. They are developing tunable protein fibers and materials that open limitless possibilities for creating new, innovative products.



I wonder why they removed the statement about their initial product...

Eskaminagaga

08/18/15 5:48 PM

#95950 RE: TRUISM #95947

Looking into it more, I agree with you about them likely having dragline silk.

A quote from the Foundation Capital page discussing Bolt Threads:

That is the potential Foundation Capital saw when we led the Series A in 2011 with a $4 million investment and recruited Jerry Fiddler – Chairman of Solazyme, the first company to make commercial quantities of oil using algae – to join the board as an independent director. I have to tip my hat to Sue Levin, who was one of our key market diligence resources for that round, who called the Bolt Threads founders, her “spider guys,” and who now serves as Bolt Threads’ Chief Marketing Officer.

Three years later, we led the Series B funding. By that point, Bolt Threads was producing significant quantities of fiber. With the actual material in hand, we were able to bring on board a slate of new investors who were impressed with both the beauty of the technology and the strength of the Bolt Threads team.



They had actual silk fibers at least by your Post 82213 that stated that their initial product was dragline silk.

They are further than I had expected. The only thing now holding them back is the cost. After all, it was stated in a Recent Bloomberg Article:

Bolt’s fabrics may be expensive until the company can boost production over the next few years and drive down costs. “Almost all technology starts as a premium product,” Widmaier says. At least there won’t be spiders eating each other.