On Thu, Mar 19, 2015 at 5:48 PM, Calum Chace <[email protected]> wrote:
> It won't take that long. If the funds have good returns for a few months > (maybe weeks, or even days) you'll be inundated with very lucrative offers! > Your optimism is appreciated, but that's not how the fund world works. Institutional investors need 2 years of track record from a quant fund before they'll really take it seriously. A fund started with a few million dollars, with a good track record, can get up to $50M or $100M in its first year if all goes well. And like any other startup, an AI based investment management firm has to reach a certain level of maturity before it's possible for a co-founder to turn their equity stake into cash. Like many things, these processes are fast on the cosmic time scale but not all that fast in the scope of a person's everyday life !! -- ben ------------------------------------------- AGI Archives: https://www.listbox.com/member/archive/303/=now RSS Feed: https://www.listbox.com/member/archive/rss/303/21088071-f452e424 Modify Your Subscription: https://www.listbox.com/member/?member_id=21088071&id_secret=21088071-58d57657 Powered by Listbox: http://www.listbox.com
