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The Twenty Minute VC (20VC) · Saturday, June 27, 2026

Fomo's Approach to Prediction Markets and Regulatory Landscape

Fomo is considering integrating prediction markets, but is waiting to observe regulatory developments. Erlanger notes that their initial product versions were built on similar concepts to poll markets and Calshi, acknowledging them as great businesses but emphasizing the need to monitor regulatory flux before committing to a roadmap for these features.

companyFomocompanyCalshi

The tape

3 quotes
Do you compete with Calshi then?
Yeah, I mean, we haven't integrated prediction markets yet and I'm not sure exactly where it fits in our roadmap. I think it's very interesting there.
Our first version of the product would be built on something like a poll market and Calshi. Those are great businesses, and I think that there's a lot in flux around the regulation of these businesses. So we want to watch and see what happens and then move from there.
Heard on The Twenty Minute VC (20VC) — “20VC: How We Got Fred Wilson, Benchmark and Index to Invest $94M | Why Robinhood's Strategy is Wrong | Why 1-1s are BS and What Every Founder Gets Wrong About Equity | Why Taste Beats AI But How AI Kills Org Charts with Paul Erlanger, CEO @ fomo, published Saturday, June 27, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
Transcribed via Gemini audio transcription · $0.06
Fomo's Approach to Prediction Markets and Regulatory Landscape — Heardvine