Election night at Kalshi HQ

Inside Kalshi’s quiet Manhattan office on election night, co-founder Tarek Mansour showed how his fast-growing prediction market is calling races faster than the media.

Kalshi CEO Tarek Mansour.

At 8 p.m. on election night in New York City, I arrived at an unmarked office building in the Meatpacking District.

Inside, a few dozen young Kalshi employees moved between clusters of desks, pizza boxes, and a large projector displaying live markets for the day’s key races. The vibe was quiet but focused. On the screen, numbers flickered as bets adjusted in real time.

Near the projector, co-founders Tarek Mansour and Luana Lopes Lara chatted with a CBS News crew filming a segment for the next morning. CBS had just called the Virginia governor’s race. Mansour pointed out that Kalshi’s market had predicted the result almost an hour earlier.

I expected a trading floor atmosphere. Instead, the office felt subdued.