When Founders Fund considered investing in Polymarket in 2025, it learned that the prediction-market startup’s young chief executive, Shayne Coplan, had been using company money to pay for private jet flights, his apartment rent and personal expenses. Polymarket wasn’t generating revenue at the time.
When Founders Fund considered investing in Polymarket in 2025, it learned that the prediction-market startup’s young chief executive, Shayne Coplan, had been using company money to pay for private jet flights, his apartment rent and personal expenses. Polymarket wasn’t generating revenue at the time.
<iframe src="https://statesidedaily.com/embed/cluster/8ea8feceef4c87de76435ac7c25f722b3da405f7" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Polymarket Investors Push CEO Coplan For Change as Kalshi Gains Ground"></iframe>
