When you looked at hollywood stock exchange, they were trying to let people buy in trade. But that was done with funny money at the time. So what i don't and that's still operating, i think wald it. People start making bets on things, cause this gets ocassionally crazy. The concept of crowds is a little bit of chaos - but once you've taken the wisdom of crowds down to the line, now we're going from michael lewis to ten thousand dollars. Agree or disagree? Let us know by emailing jennifer.smith@mailonline.com.
On today's show, Mojo CEO and Co-Founder Vinit Bharara joins Jason to talk about his new stock market to bet on athletes, Mojo, which just launched in New Jersey. (1:39) Vinit breaks down the thesis (17:07), does a product demo (40:27), and explains how they raised $100M to build a stock market from scratch and provide instant liquidity!
(0:00) Jason tees up today's interview!
(1:39) Jason intros Vinit Bharara, who breaks down his past business ventures including Cafe.com, Diapers.com, working with his brother Preet!
(13:05) Brave - Download today at https://brave.com/twist to browse faster, search privately and so much more
(14:28) Managing Preet at Cafe.com
(17:07) Vinit explains the thesis behind Mojo
(24:40) Neo.Tax - Get $500 off R&D tax credit fees at https://neo.tax/twist
(26:02) Raising $100M from Thrive Capital, Tiger, and more
(39:09) Spokn - Get 3 months free at https://getspokn.com/twist
(40:27) Vinit runs through a Mojo product demo
(53:58) Building a team of handicappers and quants
(1:00:56) Vinit and Jason share 9/11 stories