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> how did they manage to attract a hedge fund? By developing a language that's well suited for work the hedge fund wanted to do, I expect. Imagine you're a hed
by gjm11 12y ago
> how did they manage to attract a hedge fund?
By developing a language that's well suited for work the hedge fund wanted to do, I expect. Imagine you're a hedge fund; you have quants building models using maybe Python and MATLAB, and maybe production software in C++. A language that offers MATLAB-like conciseness for array operations, Python-like decent language design generally, and not-so-far-from-C++-like execution speed is going to be very interesting.
But it's still a newish language, not perfectly mature, and you're worried about running into bugs. You would prefer those bugs to get fixed, preferably quickly.
Bankrolling the Julia team seems like it could be a pretty good move.