[kevinpet]

Revenue per user might be high, but it's targeting a smaller market. Bloomberg is useful to anyone who buys or sells stocks in any way. Quantopian seems to be about people who want to find a technical system to beat the market. This is by its nature self-defeating. If everyone is using Quantopian, everyone cannot be beating the market. The article makes this very point on page two.

[tesseractive]

At the same time, if this is a genuinely useful tool for its intended purpose, there are lots of exit strategy possibilities. It might be worth billions to a single hedge fund.

[bachback]

hackers at the billion $ HF's are the best in the world and there is no tech here that is really of any value to them. not to be too mean, but this is basically a nice webpage with a couple of scripts. If somebody would build a FIX engine and a broker with containers, that would be worth perhaps a billion in aggregate (NYSE:IBKR). But generally you start from scratch, for very good reasons.

[dman]

How many hedge funds spend billions on technology?

[peloton]

They would if they found tech that gave them a clear edge and it made sense to acquire from an ROI perspective.