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Media reports: Founders Fund is considering investing in Polymarket, but discovered the CEO previously used company funds to pay for private jets and apartment rent.

2026-10-20 10:45:50
Shareshare
Odaily Planet Daily News: In 2025, Founders Fund discovered that Polymarket had no revenue at the time and that CEO Coplan had used company funds for personal expenses such as private jets and apartment rent. Before investing, Founders Fund required Polymarket to improve financial controls and repay the relevant amounts. (Bloomberg)
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