Pick of the Week - November 2, 2025

Kalshi

Last Public Valuation: $5 billion (as of October 2025)

• Prediction markets are incredible, and Kalshi is one of the leading prediction markets

• In the not-too-distant future, you’re going to see prediction markets embedded natively around the internet

• There’s a path for Kalshi to be a $50 billion company

• Kalshi’s CEO has a plan to be the “everything” exchange

• The total addressable market for Kalshi is exponentially larger than what is perceived

Are you interested in investing in Kalshi? EquityZen is a marketplace for private companies aspiring to transform our world - explore their investment options today.

Here’s a list of our past expert investing picks.

Kyle Samani is the Co-Founder and Managing Partner of Multicoin Capital. He is also the Chairman of Forward Industries, the world’s largest Solana treasury company. As a former engineer, he leads technical thesis formation for the firm and works closely with the investment team to source and lead deals. He also plays a hands-on role with the firm’s portfolio, partnering with founders to shape strategy and create unique opportunities. Before Multicoin Capital, Kyle founded Pristine, a health IT company. He later sold it to Upskill in 2017. He holds degrees in Finance and Management from New York University (NYU), and splits his time between Austin, Park City, and New York City.

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