
Tarek Mansour
Tarek Mansour is the co-founder and CEO of Kalshi, the event-contract exchange he launched in 2018 with Luana Lopes Lara. Before founding Kalshi, he worked as a quantitative trader at Goldman Sachs and Citadel.
Prediction Markets Are Becoming Campaign Tools—and a Target for New Rules
Kalshi CEO Tarek Mansour says prediction markets have become tools for political campaigns, with most or all campaigns using their real-time forecasts to inform decisions. He argues that the industry needs clearer federal rules as its use grows, including limits on insider trading and stronger customer protections. Mansour also makes the case that Kalshi’s open-market model differs from betting against a house, as the company expands into futures and other products.
Kalshi Built Its Prediction-Market Lead by Suing Its Own Regulator
Kalshi co-founder Tarek Mansour argues that the prediction-market company’s defining choices — refusing to pivot, suing the CFTC, and keeping a deliberately chaotic founder-led organization — all followed from treating Kalshi as a vehicle for an “everything exchange,” not as a conventional startup to be optimized. In his account, the company’s legal victory before the 2024 election mattered because years of regulatory patience, product work, and co-founder disagreement with Luana Lopes Lara left it ready to use the opening.