The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch · Harry Stebbings

20VC: Kalshi's $1BN Raise, the Polymarket Feud, and the Battle to Replace Traditional Media

December 8, 2025·48 min·4 clips

Kalshi's founder explains why they raised $1 billion to capitalize on a rare shift in consumer behavior.

Harry Stebbings interviews Tarek, founder of Kalshi, following their $1 billion raise at an $11 billion valuation. They discuss the company's rapid growth, rivalry with Polymarket, regulatory battles, and partnerships with CNN and CNBC, offering insights into prediction markets and entrepreneurship.

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