Mansour: Y Combinator advertises like casinos by spotlighting outlier winners
Tarek Mansour · No Priors Ep. 88 | With Founder & CEO of Kalshi Tarek Mansour · Oct 31, 2024 · at 16:01
Tarek Mansour, CEO of Kalshi and a Y Combinator alumnus, discusses the psychological mechanisms driving entrepreneurs and gamblers to take large risks.
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“So how do casinos actually advertise their products? They, like, show you the one person that made 300,000 dollars in the slot machine. People get excited and everyone goes and does it. And, you know, everybody knows the odds, et cetera. YC kind of does the same thing if you think about it. Like, you know, we, they show like Airbnb and Coinbase and then you have like a flock of people basically going in to start a company.”
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