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CEO Says Betting Wars Between Kalshi and Polymarket Are Basically Brady vs. Manning for Nerds

KEY POINTS

  • Kalshi CEO Tarek Mansour compared their rivalry with Polymarket to legendary sports champions Tom Brady and Eli Manning.
  • Kalshi, founded in 2018, recently raised $1 billion and formed media partnerships with CNN and CNBC to expand betting options.
  • Mansour admitted hiring influencers to spread FBI raid memes about Polymarket's CEO was a 'mistake' and forbade repeating it.

Kalshi CEO Tarek Mansour insists his superfancy prediction market showdown with Polymarket is the new Brady vs. Manning/Soccer Messi vs. Ronaldo — only with less tackling and more meme-PR chaos. Founded in 2018, Kalshi recently scored $1 billion funding and deals with CNN and CNBC to bet on everything from elections to Elon Musk's net worth. Polymarket, a crypto-infused 2020 startup valued at $13.5 billion, is the foe pushing them to hustle harder. Mansour admitted his team’s cringe FBI-raid meme spree aimed at Polymarket’s CEO was a 'mistake' and vows, 'Don’t ever do this again.' Sports rivalry? Nah, it’s corporate sibling rivalry sponsored by billion-dollar egos and social media blunders.

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Source: Businessinsider | Published: 12/9/2025 | Author: Shubhangi Goel