TIP458: Why Billionaire Charles Schwab Invested in Kalshi w/ Luana Lopes Lara

IN THIS EPISODE, YOU'LL LEARN:01:30 - What Kalshi is and why it’s a very unique company.02:36 - How events trading works. 03:18 - What it took to get Kalshi approved by the Commodity Futures Trading Commission (or CFTC) - the first company of its kind to do so.42:57 - Why Billionaire Charles Schwab personally invested in the company.53:01 - Why Luana and her cofounder Tarik decided to create the company.And a whole lot more!*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCES:Kalshi's Website.Trey Lockerbie Twitter.Check out our favorite Apps and Services.New to the show? Check out our We Study Billionaires Starter Packs.Our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Every 28 seconds an entrepreneur makes their first sale on Shopify. Access powerful tools to help you find customers, drive sales, and manage your day-to-day. Start a FREE fourteen-day trial right now!Find Pros & Fair Pricing for Any Home Project for Free with Angi.Invest in crypto and trade it without tax headaches with AltoIRA.Updating your wardrobe or just simply looking for a new fall flannel? Head to Mizzen+Main and use promo code WSB to receive $35 off an order of $125 or more!Break into the multifamily investing space or level up your investing game. Learn these at the Multifamily Investor Nation Convention. Visit mfincon.com for details and tickets. Use promo code TIP to get $200 off your tickets.Try out Rhoback’s performance polos, q-zips, or hoodies and bring a new meaning to the word comfortable. Use the code STUDY and get 20% off your first order.Get a FREE Wealth Protection Kit and learn how thousands are protecting their retirement savings and adding $10,000 (or more) in free Silver with Goldco.Personalize your plans in improving your metabolism, reducing stress, improving sleep, and optimizing your health with InsideTracker. Use discount code TIP to get 20% off the entire InsideTracker store.Gain the skills you need to move your career a level up when you enroll in a Swinburne Online Business Degree. Search Swinburne Online today.Confidently take control of your online world without worrying about viruses, phishing attacks, ransomware, hacking attempts, and other cybercrimes with Avast One.Depend on RBC Wealth Management’s investment expertise to build a plan that helps you strengthen your financial security no matter where you are in life.Meet every business challenge -- from point of sale to eCommerce, staff management, business operations, costumer solutions, and so much more by using Square’s customized and connected tools.Get 50% off Remote’s full suite of global employment solutions for your first employee for three months. Just visit remote.com and use promo code WSB.Browse through all our episodes (complete with transcripts) here.Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.


by We Study Billionaires - The Investor’s Podcast Network