V

ex-quant founder; building the financial prediction market @Omnibook_xyz

[V @v4vihan]

I spent nearly a decade as a quant trader.

Building systems. Tuning algorithms. Bleeding for every ounce of P&L. One bad month and you don't sleep.

In 2022, I was in a meeting with a biz dev guy from the NSE. We were talking the massive numbers printed by top quant shops.

Then he said something that stopped me cold: "All of this pales in comparison to NSE itself."

His description of the business of India's largest exchange was simple: a machine you turn on at 9:00AM, turn off at 3:30PM, and count the money.

I felt sick. In a good way.

The exchange has no dog in the fight. It collects the toll while traders fight each other on its rails. Many exchanges run 50%+ NET margins. Not gross. Net.

Traders eat what they kill. Exchanges own the jungle.

An exchange is one of the best business shapes that exist. In the same league as ads, payment processing, and insurance. A toll booth on human activity.

I knew right then I'd build one someday.

Last year I stepped away from trading to build something venture scale.

My first instinct was to build an exchange. But I didn't pull the trigger and went on a soul search instead. And six months and many pivots later I ended up exactly where I started: building an exchange.

The last bit of math I did in my head: if I'm leaving a stable cash flowing business to start another, might as well just go for the jugular. This should be the last business I build and the one I run for the rest of my life.

And funnily enough it's one that demands everything I enjoy and am good at: trading, building, marketing, branding, design, community, social media. All of it.

At the risk of sounding melodramatic: I've been a gambler for nearly a decade, and now I'm building the casino.

Yesterday, @omnibook_xyz went live on testnet.
The machine is on.

[V @v4vihan]

there are two secrets to success:

1. never tell everything you know

[V @v4vihan]

…and the man who made it all possible.

the medici to our da vinci.

the chanakya to our chandragupta.

the general groves to our oppenheimer.

@akashizzle

[V @v4vihan]

tomm at @join_ef demo day you get to meet

the bad boy of frontier markets

the british cute friendly mark zuckerberg

the tattooed ken griffin of electricity trading

the boys building autonomous agents to accelerate compliance across the physical economy like satellites, data centers and power plants and have already raised $1.2M and scaled to $320K ARR in just 2 months

@v4vihan @aryannstarr @chief_seer_sdx @prthvchndrn @Pranavchiku

[V @v4vihan]

tomm at @join_ef demo day you get to meet

the bad boy of frontier markets

the british cute friendly mark zuckerberg

the tattooed ken griffin of electricity trading

the boys building autonomous agents to accelerate compliance across the physical economy like satellites, data centers and power plants and have already raised $1.2M and scaled to $320K ARR in just 2 months

@v4vihan @aryannstarr @chief_seer_sdx @prthvchndrn @Pranavchiku

[Nandkishor @devops_nk]

Justice for Gemini

[V @v4vihan]

when you’re mid conversation with a 10/10 baddie and don’t know what to say next, just say “vastagana huiyein”

[V @v4vihan]

@vaishnavireddys @join_ef @patelMikshu vastagana huiyein

[V @v4vihan]

@_sarthak4 @airindia vastagana huiyein

[V @v4vihan]

Do NOT be a trader if you want lower cortisol

[Lihong @Lihong062]

Do NOT be a founder if you want lower cortisol

[V @v4vihan]

@furst_fly @natfriedman seems very obvious to me

[V @v4vihan]

@furst_fly I’m not coming sorry

[V @v4vihan]

@Deepans36819800

[V @v4vihan]

its a game at this point

[V @v4vihan]

@chief_seer_sdx good one

[V @v4vihan]

@alijangm @Omnibook_xyz @ns lol nice !

[alijan 🌎 @alijangm]

@Omnibook_xyz + @ns = ❤️🚀

[V @v4vihan]

Is Gurgaon India’s New York City ?

[lazer @lazersays]

Global city tier list:

1 - NYC (Americas New York City)
2 - London (Europes New York City)
3 - Hong Kong ( Asia’s New York City)

All the world is New York City if you are brave enough to see it.

[V @v4vihan]

Getting rich with prediction markets is so easy.

Just buy when its 1¢ and sell when its 99¢.

Too easy.

[V @v4vihan]

risk is the lifeblood of capitalism.

financial markets are the infrastructure for taking, transferring and pricing risk.

prediction markets are emerging as a new financial primitive.

so far they’ve mostly been pointed at sports, politics and pop culture.

@Omnibook_xyz is the prediction market for finance.

only finance.

our mission is to build the best market in the world for taking and transferring financial risk.

this is not your grandfather’s stock exchange.

this is not your younger brother’s sports betting app.

this is the place where any financial view becomes a trade, instantly.

this is the derivatives layer for the real economy.

this is omnibook.

[V @v4vihan]

the real turing test is whether the ai can sit through a demo and say "interesting" without buying anything

[V @v4vihan]

@AstriferNox good one