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Alex Heath

๐Ÿ‘ค Speaker
945 total appearances

Appearances Over Time

Podcast Appearances

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Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

Like an average person is not gonna look at an interest rate swap and be like, I'm gonna participate in that.

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Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

It's just, you know, too complicated, very unrelatable.

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Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

And I think the thing that's changed and that's great, I mean, there's, for example, like,

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Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

There's this account on Twitter.

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Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

It's like only grounded 10 or something.

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Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

This person basically has made $70,000 trading on culture, culture markets.

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Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

So how successful movies are going to be, what Taylor Swift is going to release or not release.

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Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

And they paid off their student loans with that.

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Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

And it's just kind of like their favorite company.

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Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

They love the company so much because they're like,

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Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

I have spent like hours and days and weeks and months learning about this.

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Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

And up until now, it was kind of like, it was like a fun side thing.

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Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

Now I can like actually, you know,

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Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

actually exercise my skills and it could become a hobby and I could sort of try to make money off of it.

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Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

And I see this very similar, it's kind of like Uber's value proposition with these types of marketplace, new category kind of creators, like Uber was sort of like, you have a lot of free time, how about you ride a little bit and make some money?

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Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

And then in our case, like you have a lot of knowledge, sometimes very niche, weird knowledge, like maybe even your family doesn't even want to hear about it at Thanksgiving, but how about you kind of try to make some money off of that?

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Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

And from the beginning, it's like if we can build a financial market in a regulated, safe way, like where you put the right set of customer protection and you let people kind of openly and transparently trade against each other, that could be very interesting things because you can have this sort of like social crowdsourced, let's figure out the truth together.

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Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

Let's figure out the price.

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Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

The same way that markets figure out the price of.

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Betting on Reality with Kalshi CEO Tarek Mansour: ACCESS

That's a great question.