Tarek Mansour

“Kalshi CEO Tarek Mansour and Polymarket founder Shayne Coplan have turned their prediction-market rivalry into a bitter personal feud involving regulatory complaints, deal interference, legal threats, and public trolling as their companies battle over a sector that logged more than $150 billion in first-half trades.”

“Mark Zuckerberg met with Kalshi CEO Tarek Mansour last year about a possible acquisition before Meta decided to build Arena, a prediction-market app.”

“At the time, apparently Two Sigma used to like use satellite images of like the parking lot at Walmart to figure out how many cars were coming in.”

“Insurance companies have pulled out because they don't know how to price hurricane risk anymore... We get a lot of calls around hurricane season where people are like, hey, I want to buy X amount of hurricane hitting this town... I just want, if the hurricane hits the town, I get paid.”

“We got approved in November 2020 to get the first sort of regulated exchange for prediction markets.”

“The hedge funds have way more information than I do. There isn't a way for me to be truly informed.”

“Brian Chesky put it better... we don't manage people, we manage work. So people that just generally have high agency — we never have to check on whether they're doing something.”

“When you think about a gambling business model, it's a business model where the primary KPI, the thing that will not just predict your net income will be pretty much equal to net income is your customer's losses.”

“If you ask Luana what maybe like 80, 85 of the people at the company today are doing, she knows. Because she probably checked with them on Slack in the last 48 hours.”