Doc: Kalshi and Polymarket CEOs are investing in a VC fund, led by two early Kalshi employees, that is raising up to $35M to back prediction market startups
The CEOs of Kalshi and Polymarket are locked in a brutal fight to dominate the white-hot prediction market sector.
Can confirm. I'm told this fund will target all kinds of ancillary businesses, from market makers to companies working on AI infrastructure for platforms and prediction-market ‘native media’ (which could mean many things). The two founders both used to work at Kalshi.
scooplet: two early kalshi employees are raising up to $35 million for a prediction market VC fund, according to a pitch document i saw. both Polymarket CEO @shayne_coplan and Kalshi CEO @mansourtarek_ are LPs [image]