Alfred Lin
2.8K posts

Alfred Lin
@Alfred_Lin
Partner @sequoia. Working w/ founders from idea to IPO & beyond: @airbnb @doordash @citsecurities @kalshi @clay @foundforbiz @Nominal_io @zipline









.@mansourtarek_ on @Kalshi: “The thing that was unique about us is we never pivoted. It was always Kalshi. We were dragged by the idea. I wasn't the type that wanted to be an entrepreneur. I think if you re-roll the dice multiple times, I'd probably just be a trader or risk manager. I would not be an entrepreneur. But the idea was so glaring in front of us that we just had to do it.” Successful founders will often tell you that the idea pulled them, not the other way around. Kalshi walked through the desert for six years. Most teams reset the idea once the desert gets long enough. They never did, because they were dragged by the idea, not short-term outcomes. When they persevered and became the first regulated prediction market, they compounded to ~95% US market share. The patience to do things right became an advantage, not a constraint. Keep the long game in mind when you feel like you're in the desert.

















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