Jon Moss

Prediction markets are gambling markets. They should be regulated accordingly bloomberg.com/opinion/articl…

Long time listener, first time caller - I’m thrilled to share that I’ve joined @Kalshi to build out the Product function! Prediction markets are incredibly powerful primitives that are just starting to be explored, much like how crypto was 10 years ago. Anyone can make a market for the outcome of an event, creating a much more balanced and reliable source of information than traditional news or polls. Kalshi is an unstoppable force. It single-handedly created the US prediction market category through sheer willpower and relentless regulatory effort (just google "Kalshi sues CFTC"). It’s a better source of truth for the presidential election than traditional polls, it pioneered "mention markets," created a platform for anyone to earn on their knowledge, and has set the pace of innovation in financial markets over the last few years. I can’t think of two better people to lead the way than @mansourtarek_ and @luanalopeslara. As soon as I met them I knew they had what it took to build a generational company and that I wanted to build it with them. My mission here is to lead and scale our Product function, helping us build the next generation of trading products and markets to make this vision a reality. Everybody is an expert on something, and Kalshi is the definitive platform to trade on that knowledge. The markets agree - this week alone, we deepened our partnership with @solana on Monday, announced our Series E raise from @paradigm, @sequoia, @a16z and more on Tuesday, launched our partnership with @CNN to reshape the future of news Wednesday, and announced our partnership with @CNBC Thursday. And this is just a normal week for us. To use my favorite Coinbase phrase - it's still day 1. P.S. We are hiring. If you are interested in building what has the potential to be the most important consumer opportunity of our times, message me.