Are Prediction Markets Destroying Society? I Asked the Kalshi CEO

Nayeema gets direct with Tarek Mansour, the 30-year-old CEO and Co-Founder of Kalshi. The prediction market hit $30 billion in trade volume this June as users put money on everything from the World Cup to Strait of Hormuz opening dates and the reality show Love Island. So is this gambling with a better brand, a peril to young people, ripe for insider trading, or a path to more accurate information? What does the company NOT allow? And, um, what's the best advice he ever got from Donald Trump, Jr. who serves as an advisor to Kalshi and its top competitor: Polymarket?

NOTE: We'll be off next week for some smart girl dumb vacation. See you on 8/25 for a brand new episode.

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