Background
Fawcett was born in 1977 to Ann Fawcett (née Fuller), a nurse, and John H. Fawcett, Senior, a carpenter, business owner, and math teacher. He grew up in Lowell, Massachusetts, in the Pawtucketville neighborhood, with his parents and elder brother, Todd Fawcett.
Career
He is Chief Executive Officer of the latter. Jeanne d"Arc School through the 8th grade, before graduating high school at Phillips Academy. After college he was a programmer for Scient, on a video coding project, and an analyst and programmer for 033 Asset Management, a hedge fund.
In 2002 he co-founded Tamale Software, which developed software for fundamental stock analysis.
Advent Software acquired Tamale for $70 million in 2008. He founded Quantopian in August 2011.
lieutenant aims to create a crowd-sourced hedge fund using a two-sided market for freelance quantitative analysts (algorithm developers) and investors (algorithm users).