Doc: Kalshi's and Polymarket's CEOs are investing in an upcoming VC, led by two early Kalshi staff, that's raising up to $35M to back prediction market startups
Fortune Ben Weiss
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Discussion
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@benhorney
Ben Horney
on x
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.
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@bdanweiss
Ben Weiss
on x
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]
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@alexh_johnson
Alex Johnson
on x
I have a feeling I'm going to hate 100% of the companies backed by this new fund.