đź’µ Place your bets

Kalshi told a federal court its bets are derivative. So we made some of our own.

Hey, did you know that nearly 40 years ago today, a minor league catcher named Dave Bresnahan carved a potato into the shape of a baseball, threw it into left field to trick a runner off third, got called out by the umpire, was fined $50, and was released by his team the same week? Yeah, me neither! 

But I’ll tell ya… that’s gotta be the greatest bit in the history of American sport. Second to this one, of course.  

I bring it up because somewhere in this country, a CEO in a marketing meeting is currently throwing a potato, and everyone in the room is watching it sail into left field and nodding.

There’s something deeply funny (and weird and strange) about B2B marketing’s obsession with “scaling content.”

With a little help from Claude, we’ve industrialized the production of LinkedIn posts nobody asked for, white papers nobody downloads, webinars nobody attends, and thought leadership nobody has actually thought about. Then we stare at the dashboard like Victorian doctors diagnosing a dying patient: “Hmm... Perhaps we need more content?”

No, Greg. We need a f*cking idea. A strategy. From the brain of something that actually poops and breathes… preferably, not in that order.

I gotta give a shoutout to Nish, our Chief Meme Officer, who is a human being with ideas. He be cooking up some killer memes for ya. (We also post these memes on Instagram too. Go on, it's Sunday.)

I would crawl back into my mother's womb if it meant never seeing another Kalshi ad. No, seriously, I f**king hate Kalshi. I hate Polymarket. I hate them more than wearing fresh socks and stepping onto a wet rug. 

If you gave me a time machine and said I could prevent either the Titanic from sinking or Kalshi, I’d ask how much time I have to think about it. And then I’d say, “Actually, f*ck it. Where was the Kalshi guy born?” 

Because these “prediction market” guys built a company that only prints money when something breaks. A marriage, a country, a 22-year-old's savings account, all of it weather to them. They’re getting rich off the collapse of humanity, and they’re having a ball. 

It doesn’t matter if they’re breaking laws. New York sued them. A Washington judge called Kalshi illegal gambling. Arizona filed criminal charges. Then the feds sued 3 states in their defense. These men got the DOJ working their defense pro bono.

And that's just the charming stuff. Kalshi ran a market on the death of world leaders. A death pool. On living human beings. Polymarket let users bet on whether a downed American airman would be rescued, and 63% of the money bet against him, so somewhere a man in an Applebee's checked his phone and got mad that a pilot survived. 

Kalshi and Polymarket are part of a machine that turns a pilot into a NPC and your naive nephew into liquidity, using my dumb beautiful profession of marketing as the delivery system. So yes, send me back to the womb. Except, they'd buy the placement. They'd sponsor the ultrasound. First picture of me ever taken, and there's a Kalshi logo in the corner and odds on my birth weight.

But alas… If you can't beat them, join them. We created some markets of our own:

CFO ASKS WHAT CONTENT MARKETING ACTUALLY DOES
VOL. $4.1M
 
YES
97¢
Resolves YES if he asks it out loud while physically holding the report that answers the question. Does not resolve on Slack. He will never put it in Slack. Slack is searchable and he knows exactly what he’s doing.
A MAN ON LINKEDIN DISCOVERS A FRAMEWORK AND IT IS A FUNNEL
VOL. $340K
 
YES
99¢
Resolves YES on the diagram. Must be a triangle. Must be upside down. Must have a name ending in “Engine,” “Flywheel,” or the man’s own last name. Priced at 99¢ because it has already happened 4 times since you started reading this.
SOMEONE SUGGESTS A PODCAST
VOL. $2.8M
 
YES
95¢
Resolves YES the moment it’s said in a meeting about something else. Resolves DOUBLE if the person suggesting it has already bought the microphone. Resolves TRIPLE if the mic is a Shure SM7B sitting in an unopened box behind them on the call.
CEO PERFORMS A TREND ON CAMERA
VOL. $6.1M
 
YES
58¢
Resolves YES on the video being cited in an internal deck as evidence of culture. Must be at least 9 months behind the trend. Must feature 1 visibly dying employee in frame. The employee’s expression is not a resolution criterion, but it is the point.
MARKETER CRIES IN A MARRIOTT
VOL. $15.7M
 
YES
93¢
Any conference, any city, any floor. Bathroom stall preferred, but the market accepts a stairwell. Resolves YES on a documented instance during a keynote titled something with the word “human” or “storytelling” in it. Volume spikes in Q2 and around anything held in Las Vegas.
BRAND POSTS ABOUT A NATIONAL TRAGEDY WITHIN 6 HOURS
VOL. $31.2M
 
YES
44¢
Must include a black-and-white version of the logo and the phrase “our thoughts are with...” Resolves VOID if the brand sells mattresses, because that market is permanently suspended for cause. Resolves NO if they simply shut up, an outcome the board has never once seen.
A KALSHI EMPLOYEE FORWARDS THIS TO THE GROUP CHAT
VOL. $6.8M
 
YES
91¢
Resolves YES on the forward. Resolves DOUBLE if accompanied by "lmao." Resolves VOID if anyone in the chat asks whether we should respond, an outcome that requires someone in that building to have a bad feeling, which the market has priced at 0¢ since inception.

To no one’s surprise, Kalshi found a way to short civil rights

Kalshi put a betting line on segregation. I genuinely don’t know what part of that sentence needs more explanation.

For America's 250th, Kalshi ran an ad asking "Will Baseball End Segregation?" with a percentage over it, like civil rights was a coin flip that came in. The ad shows Black families in Brooklyn jerseys crowded around radios in 1947, faces lit up, listening to a man walk onto a field he was not allowed on. Kalshi printed 31% over their heads with a little arrow, like desegregation was ticking up nicely for anyone holding YES.

Someone briefed this, then someone else illustrated it, and then a whole committee of people approved a percentage on civil rights, and on top of it all, a media buyer then placed it in a marble train station under the word DIRECTORY, 4 feet from an ad for Mediterranean summer snacks.

Kalshi pulled it after the backlash. I'd love to see what their market had that priced at.

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Alright, that’s my time. I’m the old man yelling at the sky. See you next week. 

— sarah suzuki harvard 🫡

Chat, are we cooked? A woman spent $11.25 and 1 hour inventing a deodorant brand that does not exist, went on vacation for 30 days, and came back to find ChatGPT recommending it to strangers, first, in 4 out of 4 answers. CMOs approve a 6-figure "AI search visibility" retainer that a stranger beat for the price of a Sweetgreen side. I've written real copy for real products with real armpits and gotten less traction. The hallucinated deodorant is outperforming me, and I have the gall to say I work "in marketing."

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