I’m excited to announce our $185M Series C valuing Kalshi at $2B.
The round was led by Paradigm with participation from Sequoia, Multicoin, Peng Zhao, Neo, and Bond Capital.
People choose to work at Kalshi not because of the money we've raised, but because of our ambition:
the kelsier / hayden davis saga just reinforces my view that a phrenology-based investment DD process would absolutely crush. if you can't look at this alcoholic mouthbreathing polish midwestern uncle face and immediately know not to do business with this man, that's on you.
Did we win the Constitution? No.
Do we have a clear plan with what to do with the funds? Also no.
But let's not forget the most important part: we burned a bunch of ETH.
