Founders Fund partner: We started discussing prediction markets with Polymarket founders as early as 2016

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On September 18, BlockBeats reported that Joey Krug, partner of Founders Fund, attended the roundtable discussion on "Going Mainstream: Building Web3 Consumer Apps" on the first day of the TOKEN2049 main venue and said:

I think from a consumer perspective. First, if the product is already live, you can judge a product based on early traction. A lot of people tend to think success is instant, but Shayne Coplan (founder of Polymarket) started emailing me about prediction markets in 2016 or 2017, and we chatted a few times a year. Most people think we invested in Polymarket because of the election, but the election is actually not that important. Even after the election, Polymarket will still have continued repeatable traction.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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