Tarek Mansour, co-founder & CEO @ Kalshi: How Kalshi Raised $110M & Sued the Government and Won

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First Money In

Nichole Wischoff

16 episodes

9 months ago

Every unicorn started with a first check. First Money In takes you behind the scenes of the most critical and anxiety-filled moment in a startup's journey - raising their first capital. Each episode uncovers the raw, unfiltered stories of now-legendary companies and the decisive moments that kicked off their trajectory.

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All content for First Money In is the property of Nichole Wischoff and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Technology

Business

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Tarek Mansour, co-founder & CEO @ Kalshi: How Kalshi Raised $110M & Sued the Government and Won

First Money In

27 minutes

11 months ago

Tarek Mansour, co-founder & CEO @ Kalshi: How Kalshi Raised $110M & Sued the Government and Won

Tarek is the co-founder and CEO of Kalshi, the first CFTC regulated exchange dedicated to trading on the outcome of future events. In this episode we discuss:

- Not being a hot company in YC
- Suing the government as a startup and winning
- Raising money from Sequoia, Henry Kravis, Schwab and others
- Being unable to take on more deposits because of demand during the presidential election
- The power of building a company that is "anti-pattern" to other companies