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abirch 3 hours ago

I'll leave this here, Donald Trump Jr got a free stake in Kalshi. https://finance.yahoo.com/markets/options/articles/donald-tr...

jameshart 2 hours ago | parent | next [-]

Same old story, on a whole new scale. Donny Junior has a piece the numbers game on the east side, so the family makes sure the cops don’t come round asking too many questions…

superxpro12 3 hours ago | parent | prev | next [-]

also known as a bribe

throwaway287391 24 minutes ago | parent | prev [-]

> Donald Trump Jr. Got A Kalshi Stake For Free— Now It Could Be Worth Billions As Prediction Market Platform Eyes $40 Billion Valuation

> Kalshi handed him equity worth roughly $300,000 when he joined as a strategic adviser in early 2025. ... Kalshi granted him the stake when the company was valued at under $2 billion — less than a tenth of its $22 billion valuation in a funding round last month ...

Um, how does a $300K stake at an "under $2 billion" valuation become "worth billions" with a 10-50x valuation increase?

(Disclaimer: I'm not defending the Trump family in any way, the administration has been absurdly and blatantly corrupt.)