Stephen Grugett: Predicting the Future with Manifold Markets — #55

Stephen Grugett is the co-founder of Manifold Markets, the world's largest prediction market platform where people bet on politics, tech, sports, and more. Steve and Stephen discuss:0:00 Introduction0:52 Stephen Grugett’s background5:20 The genesis and mission of Manifold Markets11:25 The play money advantage: Legalities and user engagement20:47 Manifold’s user base and the power of calibration23:35 Simplifying prediction markets for broader engagement27:31 Revenue streams and future business directions30:46 Legal challenges in prediction markets31:47 Dating markets32:53 The Art of PR38:32 Global reach and community engagement39:27 The future of Manifold Markets and user predictions43:38 Life in the Bay Area; Tech, culture, and crazy stuffManifold Markets: https://manifold.markets/Music used with permission from Blade Runner Blues Livestream improvisation by State Azure.--Steve Hsu is Professor of Theoretical Physics and of Computational Mathematics, Science, and Engineering at Michigan State University. Previously, he was Senior Vice President for Research and Innovation at MSU and Director of the Institute of Theoretical Science at the University of Oregon. Hsu is a startup founder (SuperFocus, SafeWeb, Genomic Prediction, Othram) and advisor to venture capital and other investment firms. He was educated at Caltech and Berkeley, was a Harvard Junior Fellow, and has held faculty positions at Yale, the University of Oregon, and MSU. Please send any questions or suggestions to manifold1podcast@gmail.com or Steve on Twitter @hsu_steve.