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

2026-07-24 02:16

HARDSCOPE CEO and DraftKings co-founder Matt Kalish posted on X platform, taking the opportunity of Kalshi's Chief Financial Officer's sudden resignation to mock and question its $22 billion valuation and financial credibility: "We often see CFOs giving up life-changing equity before a 'rocketship' company goes public, without any explanation." He also added: "Everything is perfectly normal, the numbers are all real, just focus on Polymarket and don't stare at us."

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