Prediction market Kalshi has exploded in recent years, reaching a $22 billion valuation. For the company’s 30-year-old CEO, Tarek Mansour, getting there hasn’t meant following the wisdom of business school professors or management gurus—it’s been ignoring advice altogether.
“The worst advice that most people get is that you should go and seek out a bunch of advice. There’s really no recipe to any of this stuff,” Mansour told The New York Times in a recent interview. “People are over-reliant on advice, and people love giving advice because it makes them feel smart and powerful. It’s usually mostly trash.”