Revoluts Nik Storonsky closes a $500m fund for his algorithmrun venture firm QuantumLight
News Source : The Next Web
News Summary
- The fund is double the size of QuantumLight’s $250m debut vehicle from last year, a swift escalation for an outfit still trying to prove that data can out-pick the humans.
- QuantumLight applies the same conviction, that most decisions are better made by system than by instinct, to the business of picking winners.
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