This 26-Year-Old CEO Once Ran A Crypto Betting Site From His Bathroom
It is not very often that you hear about a thriving business that started in a bathroom. But that’s
exactly where Shayne Coplan, a 26-year-old entrepreneur based in New York began his journey with
Polymarket. It is a crypto betting platform that is now making waves, especially in the heated 2024 US
election race. The entrepreneur recently shared a throwback moment when his office was, well, a
bathroom.
Shayne Coplan shared a post on X (formerly Twitter) reflecting on his company’s very humble beginnings.
“2020, running out of money, solo founder, HQ in my makeshift bathroom office. little did I know
Polymarket was going to change the world,” Coplan wrote alongside a picture from four years ago.
The image showed a small bathroom with a laptop propped up on a white laundry basket, a sight that
highlights the struggles of starting a business from scratch.
Take a look at his post here:
2020, running out of money, solo founder, HQ in my makeshift bathroom office. little did I know
Polymarket was going to change the world. pic.twitter.com/TktiCXQgXr
— Shayne Coplan (@shayne_coplan) November 6, 2024
Today, Polymarket is a major player in the world of crypto betting, offering a platform for users to bet
on events, including high-stakes political outcomes.
Now, with the 2024 US Presidential Election season, Polymarket has gained massive attention for letting
users wager on election predictions, giving it a front-row seat in the political drama.
Polymarket’s rise hasn’t gone unnoticed by some big names. The platform is reportedly backed by
high-profile investors, including Peter Thiel’s Founders Fund and Ethereum cofounder Vitalik Buterin.
Over the years, online election betting sites like Polymarket have surged in popularity, especially
during the final weeks of the presidential race. As polls showed a tight race, bettors flocked to these
platforms, especially with the shifting odds surrounding Donald Trump.
“Make no mistake, Polymarket single-handedly called the election before anything else. The global truth
machine is here, powered by the people,” Coplan proudly stated in another post.
Make no mistake, Polymarket single-handedly called the election before anything else.
The global truth machine is here, powered by the people.
— Shayne Coplan (@shayne_coplan) November 6, 2024
Before this, he had also announced that it was polymarket that made Trump’s campaign headquarters aware
of his victory. “I just got word that the Trump campaign HQ literally found out they were winning from
Polymarket. History was made today. Surreal,” he wrote in an earlier X post yesterday.
I just got word that the Trump campaign HQ literally found out they were winning from Polymarket.
History was made today.
— Shayne Coplan (@shayne_coplan) November 6, 2024
As for the latest US elections, Trump, 78, clinched a sweeping victory, securing the White House,
defeating Kamala Harris.
This election was unlike any other, with political drama, assassination attempts and surprise twists,
including Biden’s unexpected withdrawal, which left room for Harris to enter the race. Trump’s victory
didn’t just shock the nation; it also spotlighted his ties with influential figures like Elon Musk, the
world’s richest man at present.