Chief of Staff, Kalshi
$100-250k
+ Equity
3-4 days a week in office (Broadway, New York)
Trading platform for future event outcomes
Open for applications
Trading platform for future event outcomes
21-100 employees
Open for applications
$100-250k
+ Equity
3-4 days a week in office (Broadway, New York)
21-100 employees
Company mission
To allow people to capitalize on their opinions and hedge risks that relate to their everyday lives.
Role
Who you are
- We are looking for an ambitious over-achiever, harcore worker, with outlier organizational discipline (our founder Tarek doesn’t rank super high on that front)
- Prior experience managing large scale, multi-disciplinary projects
- Proven track record of leadership and managerial skills
- 4+ years of industry experience
- Outlier on organizational skills and discipline (if you have OCD, that’s a big plus)
- Passion for markets and prediction markets
- [Bonus] ex founder or ex COS at a high growth company
What the job involves
- You will be the CEO’s extension into every aspect of the business. You will help prioritize the roadmap, manage partnerships, track KPIs and manage reporting (including board reporting), and coordinate across departments (growth, product, markets, trading, and operations)
- You will be trust with key organizational tasks on day 1 and will get exposure to Kalshi’s business end-to-end
- If you’re looking for ownership, high growth, hardcore, ambitious vision, and deeply meaningful mission, this role fits the bill
- Assist with planning: make sure the roadmap is coordinated with the different departments and is consistent with yearly and quarterly goals
- Track execution: help our COO drive weekly execution against our goals, as well as end of week and end of month reporting
- Reporting: ensure our KPIs are consistently tracked and reported across departments and help with board reporting
- Manage Recruiting: interface with the talent team to ensure hiring goals are met and are consistent with the roadmap
- Prioritize and plan: our founders have a (whole) lot of ambitious ideas, help serve as the interface to make sure no balls get dropped
Our take
Despite there being a broad choice of investment models, traders have not traditionally been able to invest in the outcomes of future events. Kalshi, as the first federally regulated exchange where users can invest, trade and essentially "bet" on future outcomes, sets out to change this.
The company has launched a unique asset class called "event contracts", where investors can buy simple yes or no contracts based on whether an event will happen or not. Since gaining federal regulation, Kalshi has begun adding expertise in key areas, hiring Google’s Phil Bogle as Director of Engineering and former Nadex CEO Timothy McDermott to the Board of Directors.
The key to the company's future will be maintaining trust with users through transparency, particularly on how more complex or ongoing ‘wagers’ are settled. The team has been backed with funding from Sequoia Capital, who have most likely gauged how valuable the opinion data collected on the site could be to market and political researchers - although the CFTC's reluctance to approve betting on US elections has presented a block in the road for Kalshi's plans to add "the outcome of congressional elections" to its asset options.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
-16% employee growth in 12 months
Company
Funding (2 rounds)
Feb 2021
$30m
SERIES A
Mar 2019
$0.2m
SEED
Total funding: $30.2m
Company benefits
- Work from home opportunities
Company HQ
SoHo, New York, NY
Leadership
Luana Lopes Lara
(Co-Founder)Studied Computer Science at MIT. Researcher at MIT in the Media Lab and later the Computer Science and Artificial Intelligence Laboratory. Worked as a Quantitative Trader at Five Rings Capital and Citadel Securities. Most recently she was a Researcher at the MIT Brain and Cognitive Science Centre.
Tarek Mansour
(Co-Founder)Studied Electrical Engineering and Computer Science at MIT. Started off working in finance, as an Analyst at Audi Capital and Goldman Sachs. Was a Quantitative Trader twice at Five Rings Capital and Citadel Securities.
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