#2239 $1.5 million bet he can beat the markets

Arnaud Castillo got $1.5 million in prepayments from customers who think he found a way to make accurate predictions about financial markets…the weather…venture capital…and anything. Arnaud created CrunchDAO, which holds online tournaments in which data analysts compete to see who can create the best predictive models. Skeptical? He might remind you of the Netflix Prize, the $1 million tournament in which a team of outsiders improved Netflix’s recommendation algorithm by 10.05%, or his entrepreneurial track of proving skeptics wrong.

Arnaud Castillo is the founder of CrunchDAO, which is building the future of asset management.

Sponsored by

Origami – If you’ve heard about DAOs (Decentralized Autonomous Organizations) and you want to find out how to set one up for yourself, go to JoinOrigami.com. Even if you’re just interested in how these things work and want to learn more, the Origami blog is a great place to start.

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