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FROM A $50 SALARY IN SYRIA TO A $6M ROUND
Episode 5 of PredictTime is live, and you'll hear it from a founder who restarted from zero three times and never sent a single cold email to close his round
@AliHabbabeh, founder and CEO of @xomarket. We go deep into why 400+ prediction markets are just copies of the same model, why a whale unfairly resolving his Polymarket bet became the tipping point, and how AI agents now decide market outcomes instead of humans
Now he's building XO Market, where anyone can turn any idea into a conviction market. Everything you need to know about user-generated markets, XO Vaults and the future of prediction markets is in this episode
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Win 1,000 Conviction Points and get access to XO's weekly parlays with prizes up to $50,000 (we'll pick the winner on July 13):
- sign up via the link: beta.xo.market/?r=xouser51107
-drop your username with your most creative comment or question about the episode and follow @predicttime_ and @xomarket
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Timecodes:
00:00 Intro
00:38 Raising $6M without pitching a single VC
04:29 Why not just copy Polymarket
07:05 Advice for builders: grants over VC money
12:15 Building a team across every continent
15:52 Ali's story: from Syria to Switzerland
19:29 Leaving corporate (Roche) for crypto
22:24 Why raising money is a liability, not a win
25:42 How XO Market conviction markets actually work
29:43 What stops thousands of dead markets
32:41 The tech that gives markets instant liquidity
37:43 How to create your own market
39:14 Getting attention: local communities & ambassadors
44:20 Not the pump.fun of prediction markets
48:22 Who decides the outcome: AI resolution
51:43 XO Vault: market making for everyone
56:47 The moment XO Market took off
1:02:14 Is prediction market usage exaggerated?
1:05:17 Elon Musk and mention markets
1:07:04 AI vs humans: jobs and the jury system
1:13:56 Are Polymarket & Kalshi overvalued?
1:16:16 What's next: Parlays, Vaults & the World Cup
1:23:06 Is XO Market becoming a sportsbook?
1:25:15 AI agents trading on their own
1:27:40 Regulation & staying permissionless
1:33:08 The investors: 20VC, Harry & a cricket legend
1:44:55 Will there be a token?
1:46:45 Blitz: rapid-fire round
1:52:59 Closing & giveaway
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