Polymarket Founder’s Redemption Arc: From Broke Dropout To Youngest Self-Made Billionaire
Prediction market Polymarket has taken the world by storm and is currently disrupting the sports betting sector. With a new investment from New York Stock Exchange parent Intercontinental Exchange Inc (NYSE:ICE), the company’s founder has become the world’s youngest self-made billionaire.
What Happened: Intercontinental Exchange’s $2 billion investment values Polymarket at $8 billion, making founder Shayne Coplan a billionaire.
The 27-year-old New York University dropout has recently shared on social media how far he and his company have come in several years to reach the milestones.
Coplan started exploring ideas of prediction markets based on thoughts from economist Robin Hanson, back in 2019. He built Polymarket and launched the prediction market company in June 2020, as reported by Bloomberg.
Polymarket is one of multiple prediction markets that are utilizing cryptocurrency to allow consumers to place wagers on outcomes like the presidential election, sporting events and …
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