💰 Crowd Money Cast 001 - Tarek Mansour and Luana Lopes Lara (Kalshi Co-Founders)
Welcome to the first ever episode of the 💰 Crowd Money Cast, the podcast accompaniment to the 💰 Crowd Money newsletter. On the 💰 Crowd Money Cast, Global Guessing co-founders Clay and Andrew sit down with figures in the prediction market space to discuss exciting markets, new projects, and trading strategy. In this inaugural episode, we are joined by the founders of the only CFTC-regulated prediction market in existence, Kalshi.
When former quant traders and MIT classmates Tarek Mansour and Luana Lopes Lara co-founded Kalshi, they wanted to build a new asset class that generated previously-inexistent data on the events which dictate our world. This past July, that dream took one step closer to fruition, when Kalshi launched its live beta. Since the company’s launch a few months ago, Kalshi has attracted over 4,000 users to join the platform. Liquidity and trading volume has noticeably risen over that time, with the over $30 million in venture-backing starting to show its influence on the industry.
In this episode, Tarek and Luana speak with us about their Beta launch, the story behind Kalshi, and the potential for growth in the prediction market space moving forward. We also talk about the uses of prediction markets, from a decision-making tool, information source, or investment hedge, and how Kalshi’s markets can serve each purpose.
In today's episode, Clay and Andrew also reflect on their first few months operating on prediction markets. They discuss what they’ve enjoyed about the platforms, the challenges they have faced, and the differences between real-money prediction markets and the forecasting platforms they are used to.
Become a member of the crowd today by signing up for the 💰 Crowd Money newsletter to keep up with our own prediction markets plays and thoughts: https://www.crowdmoney.io/
Timeline --
00:00 - Introduction
01:19 - Prediction Markets First Impressions
14:43 - Kalshi Co-Founders Interview
36:23 - Post-Interview + Concluding Thoughts
#predicitonmarkets #podcast #JoinTheCrowd
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