TheFirstGeneration.com was run by a Bolt member named Jake (who's gone by many screen names over the years). The site was fairly popular and many Lurking Glass/Helldot members had accounts there.
Over the years The First Generation tried focusing on various different things. It spent awhile as a general forum (like Lurking Glass), it spent some time focused on being an advice site, and there may be more.
The site is one of the few sites left online that can trace its origins to Bolt. However, currently the site has changed its focus to Battlestar Galactica.