You guys are crazy. INSANE engagement on this post: tons of DMs, questions, and takes. So let me break it down. First: I don't have an opinion here. I'm reporting in a way that engages the audience. Successfully. Personally, I don't have a dog in this fight. Does he fly private? I don't care. It's not my money. He doesn't owe anyone an airdrop. It's a private company, and he answers to his shareholders. Period. I've also gotten a lot of DMs about a SoHo penthouse declared as an office, PJ flights to a basketball game with a YouTuber, and other things I won't post publicly because I can't verify them, and I don't want to be the source. Shayne made his investors money, right? So what's the problem? Nobody is hurt! That said, where there's smoke, there's fire. This isn't all a paid campaign. Now, here's what I find genuinely fascinating: this post is a perfect snapshot of how the X bubble works. The replies fall into a few clear groups: 1. VCs with a bag, defending their bag. That's their incentive, right or wrong. They'd be insane to publicly trash a company they want to take public and cash out of. No hard feelings, they're doing their job. You just need to understand it, my friend. 2. The dickriders. They see VCs commenting, ALSO they're currently raising capital or about to, so they "agree" with the VCs. Subtly, but they do. That "I'm not kissing the ring, but I'm on your side" energy. If you're reading this: does it work? 3. People I know for a fact work for Polymarket, disclosed or not. They comment nicely because they want their salary. Which is fine. They need to live; they want nice things. It's a mutual deal. That's capitalism. 4. The airdrop farmers from Eastern Europe and Southeast Asia, still commenting "gPOLY" and still believing. Poor souls. Father, forgive them, for they know not what they do. 5. The usual crowd pissed at Poly for whatever reason, adding their two cents. And no, I'm definitely not being paid in cash for this. I'm paid by you, my dear followers: your engagement and your company in this beautiful town square called X (formerly Twitter). Thank you for your attention to this matter.

Founders Fund actually made sure Shayne can't be fired, according to Bloomberg. Best ad for founders to take money from FF.

LMAO Kalshi just signed a deal with a fake tribal chief ! They tried to sign with a Native American tribe to launch a Kalshi partnered prediction market. Except the chief they signed with was an IMPOSTOR. Kalshi has been trying to court the support of Native tribes with the following deal : - The tribes launch their own branded prediction market apps. - Kalshi provides the exchange, liquidity and infrastructure. - Tribes receive a percentage of trading fees. They already signed 5 tribes and thought they had just signed a 6th when they struck a deal with Wilson Yargee, the chief of the Alabama-Quassarte tribe. But the next day, Samuel Marshall, claiming to be the actual Chief denounced the deal saying : - His leadership NEVER approved the deal. - He only discovered it through a CNN report. - The opposing faction had no authority to sign on behalf of the tribe. Turns out the Alabama-Quassarte tribe has 2 rival chiefs fighting for power. Samuel Marshall Jr. (real) and Wilson Yargee (impostor), each with their own supporting factions. Now this dispute turns into a legal conflict : > The legitimist faction behind Samuel Marshall say the deal is void since Yargee is not the real chief. > The impostor faction, supported by Kashi, insists the deal is legitimate and that Yargee is the real chief. Kalshi tried cynically buy the support of Native Americans tribes in their upcoming supreme court battle for the legality of prediction markets. Now they are looking forward to a long legal process trying to adjudicate a Triblal succession dispute.

🚨 BREAKING : Polymarket CEO Shayne Coplan caught using COMPANY MONEY for Private Jets flights. Peter Thiel caught him red-handed using his investment money as a personal wallet. Founders Fund, Peter Thiel's fund, discovered that Shayne had charged the following as company expenses : - private jet flights - apartment rent - designer clothes They immediately demanded a FULL REFUND Shayne was forced to reimburse the money. ICE and Founders Fund then teamed up to push for stronger financial controls They were the one that forced Shayne to appoint a COO. You remember Shayne's ChatGPT written tweet gleefully announcing the hiring of Collin McKinney Hill as COO ? I called it extremely suspicious at the time. Turns out i was right, investors basically forced Shayne to hire him as a soft coup. I don't know how long Shayne can stay in place when their main investors have lost confidence.

NO, Polymarket is not losing 45% of it's value. This whole narrative is fake Yes the Ownit sale flopped but it doesn't mean Polymarket is worth <$11B You need to understand how Ownit works to get the difference 1. OwnIt isn't a stock exchange. It's the successor to A2DAO, a crypto investment syndicate offering access to private equity and pre-IPO deals. And here's how it works: - Investors deposit USDC into a funding pool. - Their allocation is recorded in OwnIt's portfolio - Intermediaries handle the underlying equity through SPVs. - When shares are eventually sold, proceeds are distributed back to investors' wallets, minus fees. So no only are you relying on an intermediary (the SPV) but you don't even get tokenized shares of that SPV. All you get is a line in the Ownit database saying that they owe money when (if) they sell at a profit You can't even trade your share since you don't get anything in your wallet 2. The share sold are worth LESS than VC equity. VCs receive preferred shares with liquidation preferences, governance rights and other protections. OwnIt's investors receive indirect exposure with no rights, additional fees and restricted liquidity. So realistically Ownit will never be able to sell at the same price as VCs on top of that there are extra fees : - 2% flat fee - +10% fee on profit above $10k - +10% fee on potential TGE ($POLY) BOTTOM LINE: There is a reason no one was buying this trash even at $11B, and it's mostly not because of Polymarket. The discount is interesting. But these are two very different investments.