
Rebecca Kossnick: Meta's First Prediction Market. The Inside Story of Facebook Forecast
🎙️NEXTPredict Podcast #5 with Rebecca Kossnick, Co-founder & CEO at Hypernatural Before Kalshi. Before Polymarket. Before prediction markets were on the front page of every newspaper, Meta built one. In 2020, a small team inside Facebook launched a product called Forecast. No real money, just points and public reputation. Every forecast was made public. And it was, by any measure, remarkably accurate. Rebecca Kossnick joins Pierre on the NEXTPredict Podcast to tell the full inside story and to explain why Meta is now building a second one, called Arena. ⏰ Timestamps: 00:00 - Intro 01:04 - Welcoming Rebecca Kossnick 01:30 - How Forecast got started inside Facebook's team 03:30 - Launching in April 2020 and the first wave of users 07:29 - The status problem Forecast was solving 10:52 - The challenges: explaining probabilities to users in 2019 15:47 - The grand vision 18:30 - Why Forecast didn't survive 23:48 - Hypernatural: the AI video company Rebecca and Taylor built next 25:43 - Where prediction markets and AI video collide 27:36 - Opportunity or problem? 30:18 - Where does Rebecca see Hypernatural in three years? NYC Summit - NEXTPredict October 22 - 23, 2026 at Convene 30 Hudson Yards. 🎟 Get your tickets here: https://nextpredict.io/summits/the-worlds-prediction-markets-summit/ 🔔 SUBSCRIBE TO THE PODCAST Spotify: https://open.spotify.com/show/409DefE06IKPhZzhDIDpH3?si=06a0ceb6be594746 Apple: https://podcasts.apple.com/es/podcast/next-io-podcast/id1515442333?l=en-GB CONNECT WITH NEXTPredict ✩ Website: https://nextpredict.io/
















