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The Prof G Pod with Scott Galloway

First Time Founders with Ed Elson – How Kalshi Made it Legal to Bet on this Election

The Prof G Pod with Scott Galloway

Vox Media Podcast Network

Business, Careers, Entrepreneurship

4.45.3K Ratings

🗓️ 3 November 2024

⏱️ 49 minutes

🧾️ Download transcript

Summary

Ed speaks with Tarek Mansour, co-founder and CEO of Kalshi, a regulated exchange and prediction market that lets you trade on future events. They discuss Kalshi’s fight to legalize betting on the election, how to deal with negative press, and his prediction for the outcome of the election. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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0:06.0

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0:12.0

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0:16.0

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0:20.0

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0:22.3

Learn more at intel.co.uk slash AIPC.

0:30.5

How is America allowed to feed us certain products that are harmful and banned in other countries?

0:36.5

Like, don't y'all care about us? This week on

0:39.3

explain it to me, we unwrap some FDA policy and a little Halloween candy and search for some

0:46.1

simple answers. This is where things get a little bit complicated. And I just, I feel a mom

0:52.1

blog coming for me for even saying that because it's not complicated.

0:55.2

It's straightforward.

0:57.2

New episodes every Wednesday.

0:59.6

Follow wherever you get your podcasts.

1:04.7

Scott, we're two days away from the presidential election.

1:08.7

I know who you're voting for, but who do you have your money on?

1:12.5

I'm actually thinking of going into one of these and gambling markets and placing some money on

1:17.2

Harris. They have 300,000. This is where the money and the ground game kicks in. They have 300,000

1:23.0

volunteers getting people to the polling station, making sure they know where the polling station is,

1:28.9

banging on doors. When you bang on a door and someone says, yes, I'm voting for that person,

1:32.7

they are much more likely to actually go vote. Supposedly they have 300,000 people on the ground,

1:38.7

feet on the street over the next two weeks, and estimates are Trump claims he has 50,000,

...

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