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Quantopian Gets $250 Million From Steve Cohen

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Quantopian Capital Gets $250 Million From Steve Cohen – this is big news for a few reasons – i am not an algo person but here is my take

First off $250 million is a LOT of money even for Steve Cohen
Second this announcement was public (it could have been private agreement I think… so) Steve Cohen who manages his PR quite well wants to be associated with Quantopian and their brand
Obviously this is great for Quantopian regardless of terms this is such great press and publicity it is hard to think of anything that could be better
Big for fintech and future of investment advice, management and more

See the press release

Big News For The Quantopian Community: Managing External...

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