Alright, gang, here’s the latest bullshit from Kalshi. Apparently, Kalshi has been sending emails to tribal leaders across Indian Country asking for meetings at G2E. Of course, I got my hands on the email. So, who do you think they’re sending to Las Vegas? The A Team? B Team? D Team? Gotta be the best, right? Nope. They’re sending the coffee boy. Meet Nicholas Hull, the Intern. I think this might be his first big boy job. We’ve asked several tribes to take the meetings so we can compare deals. We want to know everything We’re also asking tribes to make appointments and then no-show. Let's have fun with this.

Within a couple minutes of each other, the Chicago Cubs and White Sox both clinched a berth in the postseason. It's just the 3rd time they've both made the playoffs in the same year. 2008 and 1906 were the other two instances.

Today, the Tunica-Biloxi Tribe of Louisiana became the first sovereign Tribal nation in the country to launch its own prediction market. Read the open letter below:

Navore is a small produce distributor that buys from family farms. Their whole business depends on good harvests. Heat waves are their biggest threat. When a stretch of extreme heat dries up the fields, the farmers lose their harvests, and Navore loses their revenue. So Caroline, who founded Navore, came to us and asked if we could build markets around this exact risk. We listed them, and now she hedges every week. When the heat waves come, the trade payouts soften the hit. Here's the part we love. She doesn't keep all of it. Some of what she wins goes straight back to the farmers who lost the crop. Small businesses have been carrying weather risk alone forever. They shouldn't have to.

Cantor Fitzgerald plans to give investment funds access to Kalshi’s prediction markets, arranging block trades on everything from weather forecasts to iPhone sales on.wsj.com/46brEl2

My conversation with @travisk, founder of Atoms and Uber. 0:00 Building Atoms & the Meta Problem of Management 3:51 The Appeal of Impossible Problems: Starting Over in China 12:19 Uber vs. Didi: Copycats, Hypergrowth & China's Rules 21:02 How Network Effects Become an Efficiency Fortress 31:48 Capitalism vs. the Taxi Cartel 44:05 The China War Goes Global & the Entrepreneur's Capacity for Pain 54:04 Life After Uber: Lawfare, Media Narratives & Reputation 58:21 What Founders Get Wrong About Venture Capital 1:08:35 The Fundraising Playbook: QED Storytelling & a Five-Room Auction 1:18:38 The Uber Coup, Radical Accountability & Outgrowing Fear 1:26:42 Why Specialized Robots Beat Humanoids at Industrial Scale 1:31:30 Finding Your Sport: Food, Mining & the Physical AI Stack 1:40:14 How to Build Many Companies Inside One Company 1:46:33 Entropy, Civilization & the Meaning of Progress Includes paid partnerships.