'What People Call An Overnight Success Takes A Decade': Polymarket Founder Shayne Coplan Shares 2013 Email To The SEC

Company Overview - Shayne Coplan, founder of Polymarket, briefly became the world's youngest self-made billionaire at age 27 in October 2023, emphasizing that success takes time and effort [1] - Polymarket is a blockchain-based prediction market platform that gained mainstream success in 2024, particularly during the U.S. presidential election, attracting billions in trading volume and outperforming traditional polls [4] Investment and Valuation - In October 2023, the Intercontinental Exchange, parent company of the New York Stock Exchange, announced a $2 billion investment in Polymarket, which valued the platform at $9 billion post-money [5] - This investment contributed to Coplan's net worth reaching $1 billion, as reported by Forbes [6] Historical Context - Coplan's journey began at age 14 when he emailed the SEC about his plans to create an electronic communication network-based stock exchange [2] - After a brief stint studying computer science at NYU, Coplan dropped out in 2017 to pursue various cryptocurrency projects, which were unsuccessful [3]