This Year's Biggest Startup is a $1.85 Billion Hedge Fund

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Are hedge funds out of the woods?

Two ex-Citadel traders just blasted through their funding target to make their new venture the biggest start-up of 2023, sources told Bloomberg Tuesday. That's right–the biggest start-up so far this year is not an AI company, or any tech company for that matter but hails instead from an industry that's been practically presumed dead.

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Source Fool.com