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IN LAS VEGAS, KALSHI IS KING - THE INFORMATION
For 15 years, Goldman Sachs’ private tech conference in Las Vegas has been the event for taking the pulse of startup dealmaking. Years ago, it was possible to run into founders such as Uber’s Travis Kalanick and Instagram’s Kevin Systrom raising money for their then-small startups. The conference is much bigger now, but it remains a nexus for investors who want to throw money at hot startups…
Hottest company: Kalshi… The prediction markets site was the star of the show. CEO Tarek Mansour, a former Goldman intern, got a prime speaking spot… “The business was small last year. Now it’s big,” he said. Nonetheless, the startup’s executives told investors behind closed doors it had grown trading volume six times in the last six months… This growth likely explains the investor rush.
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