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Masters in Business

Luana Lopes Lara on Kalshi’s CFTC Approval Journey

Masters in Business

Bloomberg

Business, Entrepreneurship, Investing

4.42.2K Ratings

🗓️ 14 April 2022

⏱️ 49 minutes

🧾️ Download transcript

Summary

Bloomberg Radio host Barry Ritholtz speaks with Luana Lopes Lara, who is the co-founder of KalshiEX LLC. Kalshi has developed an asset class – “event contracts” – and a financial exchange for trading on the outcome of events. After receiving approval from Commodity Futures Trading Commission (CFTC), it became the first regulated financial exchange dedicated to trading event contracts.

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Transcript

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0:00.0

What does it take to truly disrupt an industry?

0:04.0

How do you overcome the fear of failure?

0:06.0

When is it time to take a risk?

0:08.0

Hi, I'm Bob Pippman, Chairman and CEO of I Heart Media.

0:11.0

And these are the kind of questions we explore

0:14.0

on my podcast, Math and Magic,

0:16.0

Stories from the Frontiers of Market.

0:18.0

This season, I sit down with some of the most unique thinkers

0:22.0

to swap lessons and stories

0:24.0

on making our work bigger and better.

0:26.0

We'll hear from business leaders like Steve Cooper,

0:29.0

CEO of Warner Music Group.

0:31.0

Technology is like an avalanche.

0:34.0

You either get out in front of it,

0:36.0

or it's just going to bury you.

0:39.0

Listen to Math and Magic on our very own free I Heart Radio app, Apple Podcast,

0:44.0

or wherever you get your podcast.

0:49.0

This is Master's in Business with Barry Redholz on Bloomberg Radio.

0:56.0

This week on the podcast, I have an extra special guest.

1:00.0

Luana Lopez-Lara is a co-founder of Calche.

1:04.0

They are a derivatives trading marketplace

1:07.0

where you can go and trade event contracts

...

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