Mojo CEO Vinit Bharara on building a stock market to bet on athletes | E1566
This Week in Startups
Jason Calacanis
4.2 • 1.4K Ratings
🗓️ 21 September 2022
⏱️ 69 minutes
🧾️ Download transcript
Summary
On today's show, Mojo CEO and Co-Founder Vinit Bharara joins Jason to talk about his new stock market to bet on athletes, Mojo, which just launched in New Jersey. (1:39) Vinit breaks down the thesis (17:07), does a product demo (40:27), and explains how they raised $100M to build a stock market from scratch and provide instant liquidity!
(0:00) Jason tees up today's interview!
(1:39) Jason intros Vinit Bharara, who breaks down his past business ventures including Cafe.com, Diapers.com, working with his brother Preet!
(13:05) Brave - Download today at https://brave.com/twist to browse faster, search privately and so much more
(14:28) Managing Preet at Cafe.com
(17:07) Vinit explains the thesis behind Mojo
(24:40) Neo.Tax - Get $500 off R&D tax credit fees at https://neo.tax/twist
(26:02) Raising $100M from Thrive Capital, Tiger, and more
(39:09) Spokn - Get 3 months free at https://getspokn.com/twist
(40:27) Vinit runs through a Mojo product demo
(53:58) Building a team of handicappers and quants
(1:00:56) Vinit and Jason share 9/11 stories
Transcript
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| 0:00.0 | Hey, everybody. |
| 0:01.0 | I've got an awesome interview for you today, Mojo CEO and co-founder Vinny Barara is on |
| 0:07.0 | the program. |
| 0:08.0 | Mojo.com is a stock market to bet on athletes. |
| 0:12.0 | It just launched this week. |
| 0:13.3 | They've already raised $100 million and we're going to get into all the nitty gritty of building |
| 0:18.8 | a stock market from scratch and how they're handling liquidity and it's a killer product |
| 0:23.6 | demo. |
| 0:24.6 | This is going to be the future of wagering, gambling and investing. |
| 0:28.6 | All of this is coming together and with your passions for sports here in America thanks |
| 0:33.6 | to some Supreme Court legislation that passed and it's a really great, fascinating interview. |
| 0:39.2 | You're going to see the future today. |
| 0:40.4 | It's going to be a great episode, so stick with us. |
| 0:43.1 | This week in Startups is brought to you by Brave is an internet privacy company on a mission |
| 0:48.3 | to protect your personal info online. |
| 0:51.2 | Download Brave today at brave.com slash twist to browse faster, search privately and so |
| 0:57.7 | much more. |
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| 1:10.2 | fees related to NeoTax products. |
| 1:12.9 | Learn more at neo.tax slash twist and Spoken. |
| 1:18.7 | Finally, there is a way to build culture and connection that is designed for remote. |
... |
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