What kind of long-term impact do you think prediction markets can have outside of trading?
Replied byVlad Tenev
Co-founder & CEO at Robinhood
Niche: Finance, Technology, Cryptocurrency
Revenue: $1M+/month
Location: USA
Started: 2015 or
I think markets on shutdowns, policy moves, tech milestones, or earnings can replace polls that only show wishes. You can even imagine quote-based insurance where risk is priced in real time. There are hurdles, but if you let people price outcomes they care about, you get better information than headlines.
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