Mansour: Henry Kravis evaluates strategy on a 30-year timeframe
Tarek Mansour · Kalshi CEO Tarek Mansour: How to Build Moats Against Incumbents; How to Hire Engineers | 20VC #931 · 20VC with Harry Stebbings · Oct 1, 2022 · at 43:03
Tarek Mansour, CEO of Kalshi, discusses strategic planning lessons learned from investor and KKR co-founder Henry Kravis.
0:00 / 0:16exact quote · 16.4s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“He he's just such a deep, long-term thinker, and like, you know, we're talking like long-term for like decades, you know, he's not talking like next five years, he's talking like next 30 years, and how this can evolve in the next 30 years”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Tarek Mansour
Mansour: The overinflated B2B SaaS ecosystem resembles a VC Ponzi scheme
“It's just the ecosystem is very hyper overinflated through a mechanism that is not too dissimilar to Ponzi schemes.”
Mansour: Kalshi is the fastest-growing non-AI US company at scale
“Kalshi this year is at this scale, at least, you know, the, I think the fastest growing company in America outside of AI. I think Anthropik is growing faster, and I'm not sure about Merkur and Cursor, but we're, you know, growing at that sort of, at that pace,…”
Mansour: Kalshi is currently profitable
“We are at a point right now where, so we're growing incredibly fast. We are also profitable right now.”
Mansour: Kalshi lost team members twice before suing the US government
“The next day we came back, and we were like, we're gonna try again for the twenty-twenty-four election. And then we tried another year till the end of twenty-twenty-three. Then the government blocked it again. And then, so that's the second time. And then God …”
Mansour: Traditional financial markets are rigged in favor of Wall Street
“The current financial markets, they don't relate to a lot of people like, you know, trading stocks or options or futures, like people don't really understand them. And the game is sort of rigged. It's rigged on behalf of like for Wall Street against Main Stree…”