Vatic Labs
Any info on the firm?
How is it doing these days?
I heard they are expanding into long term stat arb (hedge fund-like) now. Is it a good or bad sign (was not a good sign for the likes of Teza for sure)?
How is the culture/hours/bonuses there?
Curious as well, particularly on the bonus and performance points.
I've got some connections there. Seems like they're keen on expanding and probably had a good 2020 (on account of doing HFT in a killer year), but basically none of their senior hires have stayed much beyond 2 years. Plus their CTO just left and they just got a replacement COO. Also seems like they were doing poorly and laid a lot of people off when they moved from SF to NYC.
They do have (ridiculously) smart people though. Culture is open/collaborative, and the CEO's basically trying to emulate Rentec.
Why did they move from SF to NYC?
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