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The Deck Library

Sequoia Just Shared the Deck Behind Kalshi ($40B)

A Slide-by-Slide Teardown + 5 Claude Prompts to Run Kalshi's Playbook on Your Startup

Guillermo Flor's avatar
Guillermo Flor
Nov 03, 2026
∙ Paid

Kalshi just raised $1B at a $40B valuation.

Six years ago, it pitched Sequoia with 18 slides, two headshots and a growth chart that looked too good to be true.

  • Series G co-led by Sequoia and Wellington on October 29

  • $97.8B traded in October 2026 alone, a monthly record

  • 30M+ accounts and over 75% of all prediction-market volume

What they do? On Kalshi you buy a contract that pays $1 if an event happens and nothing if it doesn't.

→ Betting sites have offered something similar for years. Kalshi built it as a regulated exchange, in the same legal category as the Chicago Mercantile Exchange, after two years with the US regulator.

👇 Alfred Lin, the Sequoia partner who led the round, just shared the full Series A deck. We took it apart slide by slide and turned every lesson into something you can run on your own startup.

🤖 5 Claude prompts, one per chapter. You give Claude your company name, it does the research and drafts your slides:

  • Size your market by analogy, the way Kalshi did with no data

  • Map every license you need and turn it into a moat slide

  • Plan who fills your empty marketplace on day one

  • Decide what to build in-house and where to hire from

  • Stress-test your hockey stick against how real companies grew

🔎 Below: the full teardown, the 5 prompts + the Full Pitch Deck!

Refer a friend

Inside you will find:

  1. How to Pitch a Market That Doesn't Exist Yet
    Claude Prompt: Size Your Market by Analogy

  2. Why Two Years With the Regulator Became the Moat
    Claude Prompt: Map Your Regulatory Moat

  3. How Kalshi Planned to Fill an Empty Exchange
    Claude Prompt: Plan Your Day-One Liquidity

  4. The Team Behind Kalshi
    Claude Prompt: Decide What to Build In-House and Who to Hire

  5. The $5B Hockey Stick That Actually Happened
    Claude Prompt: Stress-Test Your Hockey Stick

  6. Kalshi Series A Pitch Deck


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This issue is available exclusively to paid subscribers!

Paid subscribers unlock the full library: 200+ decks, 10,000+ investors, AI Agent playbooks, and fresh high-signal content every week.

Here’s a good place to start:

🤖 AI Agent Templates
↳ The Playbook McKinsey Charges $2M For — 12 skills that turn Claude into a McKinsey-level consulting engine.

📈 Startup Playbooks
↳ The $100M GTM Playbook — how the fastest-growing AI startups built their sales and marketing machines.

🎯 The Deck Library
↳ +40 AI Pitch Decks (Ultimate Collection) — the decks behind the fastest-growing AI startups, slide by slide.

💰 Investor Database & Tools
↳ The Family Office List (+ the Claude Outreach System) — family offices actively writing cheques, plus the Claude system to reach them.

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