00:00You should be able to make money on what you know and what you care about.
00:04Do you think your product is good for society?
00:06Oh, absolutely. 100%. That was the easiest question.
00:09Why is that?
00:10Well, I think having an unbiased source of information and data about what's going to happen in the future
00:17is more needed now than ever before.
00:19And I think that we actually see that so clearly that a lot of our users,
00:22when they say, what do you think Kaushy is an alternative to?
00:24They say it's an alternative to Twitter.
00:26Because they go to Twitter to get information,
00:28but on Twitter, whatever has the most likes or the most reshares,
00:32which is the most insane thing, gets the most likes and reshares,
00:34and most of them are not true, is what you're going to see.
00:37But you come to Kaushy and you get this unbiased source of information
00:40because you're incentivizing people to be right.
00:42You only get paid if you're right.
00:43So you get this one number that becomes kind of like the wisdom of the crowd,
00:48the aggregation of everyone's opinions.
00:49And that value, you cannot find.
00:52The Federal Reserve put out papers about this.
00:54Like a lot of professors are talking about this too.
00:57That value of forecasting that comes from these markets is really, really unbeatable.
01:02And also, I think that people should be able to make money on what they know.
01:05If you have an expertise and you know a lot about movies,
01:08you should be able to, if you watch every Oscar movie,
01:10why are you not able to make money on that,
01:12but you can make money on some stocks that you actually never heard about
01:15and you're trying to trade options?
01:16You should be able to make money on what you know and what you care about.
