$1,000 Head Start For America's Youth
chamath.substack.com · 791 words · saved by 1 readers
Kalshi has closed a stunning $1 billion Series E funding round at an $11 billion valuation, more than doubling its worth in under two months...
What I Read This Week: a summary of the content that I consumed in the previous week… Caught My Eye… 1) Kalshi Raises $1B at $11B Valuation Kalshi has closed a stunning $1 billion Series E funding round at an $11 billion valuation, more than doubling its worth in under two months and catapulting both co-founders into billionaire status. The round, led by crypto-focused venture firm Paradigm with participation from Sequoia Capital, Andreessen Horowitz, Y Combinator, and other prominent investors, marks one of the most dramatic valuation increases in recent fintech history. Kalshi’s…
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