Do These C.E.O.s Loathe Each Other? Bet on It.

kept by eddie jul 20

The piece details the fierce rivalry between Polymarket CEO Shayne Coplan and Kalshi CEO Tarek Mansour as they compete to dominate the prediction‑market industry.

Kalshi’s C.E.O. Isn’t Interested in Management Advice
Tarek Mansour, Kalshi’s MIT-educated CEO and co-founder, rejects conventional management advice to maintain a mathematical, objective approach in building his prediction market company.
also on Tarek Mansour, Kalshi, #entrepreneurship, #startups
Prediction markets are ushering in a world in which news becomes about gambling
Prediction markets like Polymarket incentivize manipulation and gambling on news events, risking public trust by merging information with financial speculation.
also on Kalshi, Polymarket, #finance
Why Almost Everyone Loses—Except a Few Sharks—on Prediction Markets - WSJ
A WSJ analysis finds a small number of algorithmic traders capture most winnings on Polymarket and Kalshi, while typical users lose money.
also on Kalshi, Polymarket