Khosla Backs Kurzweil the Quant
In addition to living forever, Ray Kurzweil has also apparently created a quantitative-investing tools company called FatKat. While there is undoubtedly a quant explosion going on in the market -- driven by cheaper processing, widespread data, and better algorithms -- it will be interesting see where Ray goes with this.So far, so good though. Because according to PE Week, Ray has raised money from my friend Vinod of Khosla Ventures and KPCB fame. You know ... he's not a bad guy to have involved.
More here and here and here.
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