crowd representation on Quantopian board of directors?

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crowd representation on Quantopian board of directors?

posted Jun 3, 2015

Any plans to include "crowd" representation on the Quantopian board (or however the company is run at a high level)? It seems like a truly crowd-sourced hedge fund should be run, in part, by the crowd. Otherwise, there is the risk of "the man" ruling over "the crowd."

5 responses

Excellent idea Grant. Not only would they represent the crowd but Q could also bring additional skills in to help conquer obstacles. (Lets see if we can make Bernanke develop an algo...)

@Grant, you ol' rabble-rouser, are you planning to stage a coup?

I have a lot of experience with open source software communities. Corporations who are "community-friendly" often have an employee who is assigned the role of "Community Advocate" or similar title. I think this type of role could be beneficial in fostering goodwill with the community.

FYI - I have had a great experience when interacting with Quantopian employees thus far.

the community should be allowed to vote on who they want to represent them

Well, no response yet from Q and their VC's....maybe it'll be on the agenda at their next meeting. Might be worth a head-scratch as to the relationship between the crowd and the business. Keep in mind that Q got kicked off with power to the people (at least that was my interpretation):

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See http://blog.quantopian.com/quantopian-manifesto/.

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The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by Quantopian.

In addition, the material offers no opinion with respect to the suitability of any security or specific investment. No information contained herein should be regarded as a suggestion to engage in or refrain from any investment-related course of action as none of Quantopian nor any of its affiliates is undertaking to provide investment advice, act as an adviser to any plan or entity subject to the Employee Retirement Income Security Act of 1974, as amended, individual retirement account or individual retirement annuity, or give advice in a fiduciary capacity with respect to the materials presented herein. If you are an individual retirement or other investor, contact your financial advisor or other fiduciary unrelated to Quantopian about whether any given investment idea, strategy, product or service described herein may be appropriate for your circumstances. All investments involve risk, including loss of principal. Quantopian makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances.