DraftKings Co-founder Questions Kalshi's $22 Billion Valuation and Financial Credibility

Matt Kalish, CEO of HARDSCOPE and co-founder of DraftKings, posted on X that, in light of Kalshi's CFO sudden departure, he sarcastically questioned its $22 billion valuation and financial credibility: "We often see CFOs giving up life-changing equity before a '$22 billion rocket ship' company goes public, without any explanation." He added, "Everything is perfectly normal, and the numbers are all real. Everyone should just focus on Polymarket and stop staring at us."