Robert Corwin
๐ค SpeakerAppearances Over Time
Podcast Appearances
So we had somewhere between 50 and 100 million, but that's not sufficient.
At a minimum, you need 500 million to a billion to make it a long-term business, sustainable business.
Well, to be perfectly honest, I started my own hedge fund and we didn't raise enough capital to make it work.
So I could spin it, but that's the honest answer.
But what I realized at the time was that...
The same type of work I have been doing in finance for so long is now very prevalent outside the finance industry.
I would say finance and defense have been doing this kind of work for 20, 30 years.
They're ahead of the game, those two industries.
The rest of the world is now finally catching on to data science, to quantitative analysis.
It's not to say they didn't do it before, but they're taking it a lot more seriously now.
I think the younger generation is also taking it a lot more seriously.
So I think there's a huge opportunity here.
You know, I think we're at the inflection point of this type of work.
Computer power is definitely no longer a bottleneck, right?
I mean, in Amazon Web Services, you can open a computer that with a click of a button that 20 years ago, you know, would have cost you a lot of money.
So we had somewhere between 50 and 100 million, but that's not sufficient in a lot, you know,
At the minimum, you need $500 million to a billion to make it a long-term business, a sustainable business.
And so that's hard.
It's kind of like the music industry or tech startups.
For every huge success you hear of, there are many that don't make it for various reasons.