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Kara Swisher: Did Mark Zuckerberg Ever Have an Idea He Didn't Thieve?

June 26, 2026 / 00:58

This episode discusses the rise of betting among young men in the U.S., the potential public offerings from Poly Market and Kelshi, and Mark Zuckerberg's entry into predictions markets with Arena.

The conversation highlights the statistics showing that one-third to two-thirds of young men are betting on the World Cup. The hosts mention how companies like Goldman Sachs and JP Morgan are preparing to go public, indicating significant market interest.

Mark Zuckerberg's strategy is examined, particularly his willingness to enter a controversial market. The discussion raises questions about corporate image and shareholder value, suggesting that Zuckerberg prioritizes returns over public perception.

The hosts express skepticism about the long-term implications of these moves, noting that the corporate focus remains on profitability despite potential backlash.

TLDR

The episode covers betting trends among young men, Zuckerberg's predictions market, and corporate priorities over public image.

Episode

0:58
00:00:00
I think that's the biggest story playing out right now. You're going to see that
00:00:03
1/3 2/3 of young men in the United States bet on the World Cup and you're going to see Poly Market and Kelshi
00:00:10
basically show the kind of numbers they get Goldman and JP Morgan saying we're ready to go public. That's the biggest
00:00:16
story. >> You're going to see of course Zuckerberg waiting into it. >> He's going to start a predictions
00:00:20
market. >> He is which is called arena. Did he ever have an idea he thought of himself that
00:00:24
he didn't thieve? >> Yeah, but that's the key to shareholder value. It's not the innovator. The
00:00:28
innovator and the pioneers get mud on their face and arrows on their back. It's the number two.
00:00:32
>> Is it a particularly good thing for their corporate image to go into an area that's clearly going to be under attack
00:00:37
in the next 2 years? >> I don't think they give a [ __ ] I think they're very willing to endure hits to
00:00:42
their image. The only thing that [ __ ] matters is Mark Zuckerberg keeps delivering unbelievable shareholder
00:00:46
returns. That's the only image that matters in a capitalist America with no regulation. And we can sit here and talk
00:00:51
about purity tests. No one gives a [ __ ]

Episode Highlights

  • Young Men's Betting Trends
    A staggering 1/3 of young men in the U.S. are betting on the World Cup.
    “1/3 2/3 of young men in the United States bet on the World Cup.”
    @ 00m 03s
    June 26, 2026
  • Zuckerberg's Predictions Market
    Zuckerberg is launching a predictions market called Arena, stirring up controversy.
    “He's going to start a predictions market.”
    @ 00m 19s
    June 26, 2026

Episode Quotes

  • The only thing that matters is Mark Zuckerberg keeps delivering unbelievable shareholder returns.
    Kara Swisher: Did Mark Zuckerberg Ever Have an Idea He Didn't Thieve?

Key Moments

  • Betting on the World Cup00:03
  • Zuckerberg's Innovations00:19
  • Corporate Image Debate00:34