
Kalshi's Tarek Mansour said most of the prediction market's 150 employees report directly to both founders, a structure he calls "unusual" but necessary for adaptability.
At Kalshi, most employees report directly to both founders. CEO Tarek Mansour described the structure as deliberately "unusual" on a recent episode of Sequoia Capital's "Long Strange Trip" podcast. He said he and cofounder Luana Lopes Lara have roughly 150 direct reports with little hierarchy in between.
"There's some functions that like we sort of let them do like what they do," Mansour said, "but pretty much most of the company reports to between the two of us."
Mansour acknowledged the management style is "pretty unusual." The tradeoff, he said, is a company that can adapt quickly, even if it's "kind of chaotic." He said the goal is to keep the company flexible enough to "constantly reorient and reassemble around the biggest challenges or biggest opportunities."
"Your structure needs to be as adaptable as possible," he said.
Mansour told host Brian Halligan that he doesn't follow any leadership playbook. He described his approach as "making it up as I go." He called himself and Lara "probably very sort of like entrepreneurially illiterate."
"We haven't read all the books, we haven't watched all the podcasts," he said.
Mansour said he focuses on big-picture strategy while Lara handles day-to-day operations. He said they "disagree by design" and often take opposite sides of an argument.
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