YC S26 Startup Prodigy Research Defends Fundraising: Why Raise Money Even with Alpha?
ycombinator · x · 2026-08-14
Michael, founder of Prodigy Research (YC S26), responds to skepticism about their fundraising. He explains that even with alpha, converting it into actual returns requires significant capital, making fundraising a rational business move. He criticizes 'magical thinking' about trading strategies and emphasizes the need for capital to build models and machines.
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