@tanviriqbal
Kalshi raised $1B from Sequoia, a16z, Paradigm etc.
the most important is $11B valuation (while @Polymarket raised only at $9B valuation)
but see the numbers (only last week alone):
polymarket → $259m
kalshi → $50m
that's 5x difference
everyone knows polymarket is bigger but i don't think people realize how much bigger
was thinking about why
zero fees, no bet limits, global access through crypto while kalshi needs ssn verification and has caps
but the real thing
polymarket lets anyone create markets instantly, kalshi needs approval for everything
so, in general, polymarket has already 10 markets, while Kalshi is just filling the papers
can we expect Polymarket at $30-50B valuation???
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