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A comment on Andreessen Horowitz, Point72 Invest in Crowd-Sourced Quantopian. Parent comment

Re:Andreessen Horowitz, Point72 Invest in Crowd-Sourced Quan... by inthewoods on Monday November 14, 2016 @02:58PM (#12952722)
My point is that I think it has a fundamental problem - if someone has a successful algo, they take it off the platform. Institutional money would be very leery (indeed, this isn't the first time this model has been tried).

So even if I'm confident in their overall model, based on, say, 5 years of track record, I'd still be concerned over algos just disappearing. Also, they've only been running their asset management business for a relatively short time via the investment capital from Cohen's fund.

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Re:Andreessen Horowitz, Point72 Invest in Crowd-Sourced Quan... by daveguy on Monday November 14, 2016 @08:49PM (#12954974)
I think when you submit an algorithm you give quantopian non exclusive rights to use it indefinitely. Even if you stop participating the best algorithms will still be used.
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Re:Andreessen Horowitz, Point72 Invest in Crowd-Sourced Quan... by daveguy on Monday November 14, 2016 @11:47PM (#12955657)
Update: looking at the FAQs that applies to contest submissions only. They state in the FAQ that all algorithms developed and evaluated on the site are by default owned by the developer. Entering the contests give them license to use.
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