The leading prediction markets company, Kalshi, is reportedly in talks to raise another $750 million at a $40 billion valuation. The Information reported the news, citing anonymous sources.
Three months ago, Kalshi raised $1 billion in funding at a $22 billion valuation, so the company is quickly gaining traction in the private markets.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Kalshi is reportedly in talks with the large venture capital firm Sequoia Capital and the large **** et manager Wellington Management.
Prediction markets, which allow people to bet on anything from sports and financial events to more ordinary day-to-day events, have exploded in popularity.
#billion
Three months ago, Kalshi raised $1 billion in funding at a $22 billion valuation, so the company is quickly gaining traction in the private markets.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Kalshi is reportedly in talks with the large venture capital firm Sequoia Capital and the large **** et manager Wellington Management.
Prediction markets, which allow people to bet on anything from sports and financial events to more ordinary day-to-day events, have exploded in popularity.
#billion
1 month ago
