At least one stalwart of the investment community’s core believes enough in Quantopian to trust it with his own money. In July of 2016, Steven Cohen, one of the best-known hedge fund managers of all time, announced that he was making a venture investment in Quantopian and also giving it $250 million from his family office to invest in its crowdsourced portfolio of quant algorithms. Matthew Granade, Cohen’s head of research and venture investment, said that “the scarce resource in quantitative investing is talent, [and] Quantopian has demonstrated an innovative approach to finding that talent.”
