Launch HN: Kalshi (YC W19) – A regulated exchange for trading on events

Re:Launch HN: Kalshi (YC W19) – A regulated exchange for tra... by faangiq on Monday November 21, 2022 @04:11PM (#33697985)

This is one of the most common startup ideas. It doesn’t work. Been tried dozens of times. But seems to have an unlimited supply of greater fools who will invest.

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Re:Launch HN: Kalshi (YC W19) – A regulated exchange for tra... by tmansour on Monday November 21, 2022 @05:12PM (#33698804)

You're right! Lots of people have tried this before. The main source of failure historically has been regulation.

We took the approach of addressing the elephant in the room first. We spent 3 years to crack the regulation case and we got federal approval to make sure we have the potential to get this market to its full potential.

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Re:Launch HN: Kalshi (YC W19) – A regulated exchange for tra... by benben613 on Monday November 21, 2022 @11:01PM (#33701677)

Did Kalshi do anything to stop others from operating in this space as well?

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Re:Launch HN: Kalshi (YC W19) – A regulated exchange for tra... by faangiq on Tuesday November 22, 2022 @04:17PM (#33711630)

Definitely not the main source of failure but it’s a reasonable pitch. Good luck.

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Re:Launch HN: Kalshi (YC W19) – A regulated exchange for tra... by tmansour on Tuesday November 22, 2022 @05:45PM (#33712628)

love to get your thoughts on what was the main source of failure

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