Hi Q team,
Just curious. How much money is lined up to deploy to the Q fund? When will it be deployed? In what fashion? And if you are willing to share, where is it coming from?
Hi Q team,
Just curious. How much money is lined up to deploy to the Q fund? When will it be deployed? In what fashion? And if you are willing to share, where is it coming from?
The time is not yet ripe for us to answer these questions. When we're ready, we'll make announcements here in the forum as we usually do.
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Thanks Dan,
Fair enough. I figured it wouldn't hurt to ask. Beyond the contest, I was hoping for some quantitative motivation to keep working to write a humdinger algo for the fund, but alas, I shall just have to go on faith and hope the discussion around your office isn't "Where are we gonna get the money for this fund idea?" I'll assume a value between 0 and infinity for now, since no other data have been provided.
Grant
Dan,
A few more thoughts...
Frankly, I think you need to be more transparent in this important area. You are looking for community support, a crowd-sourced effort. Basically, unpaid partners at this point. If instead of Quantopian users, you had quants working in your office, wouldn't you clue them into the game plan? To move beyond the big idea, the story, you need to inject some reality. And if there is no definite path for capital, then just lay it out there. Don't hoard information that could be shared. I appreciate that you may need to keep certain specifics of relationships and dealings private, but to say zilch almost a year after the fund idea was announced may be counter-productive to your efforts.
Grant
Dan,
I completely understand why Q's plans on funding their hedge fund should remain secret although your response to Grant was unsatisfying. However, can you tell us whether Quantopian plans to register their hedge fund with the SEC or state regulators? Hedge funds are not always required to register but it may be in the interest of transparency for Quantopian to do so. Speaking of which, I noticed that none of Quantopian's current employees are registered as advisers or reps - although a Justin Lent was a rep half a dozen years ago. Does Q plan on registering as a broker-dealer in the future? Just curious to hear about any plans Q might have to provide potential investors with transparency.