Startups

Capital Markets Lead

Hyperbolic · San Francisco, CA · On-site

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About Hyperbolic

Hyperbolic is the open-access AI cloud made for AI developers, providing fast, affordable access to compute, inference, and AI services. Backed by Polychain Capital.

About the role

You'll work directly with the Head of Finance and CEO to raise the capital that funds our compute supply, across conventional facilities and structures that don't have a standard playbook yet. Compute is an unusual asset class. It has contracted cash flows, a real residual value, a depreciation curve nobody agrees on, and a lender base that is still forming an opinion about it. You'll build the financing architecture around it, and make the case to a credit committee that our receivables are money good.

What they're looking for

  • 5+ years in capital markets, corporate development, or institutional fundraising, 10+ preferred
  • You have raised institutional capital before — specifically from institutional LPs for a hedge fund, private equity firm, or venture capital firm — and you can name the relationships you'd bring
  • Investment bank capital markets experience, ideally debt: DCM, leveraged finance, structured finance, private capital markets, or a financial sponsors group
  • Existing relationships with bank, non-bank, and private credit lenders active in the AI space
  • Real fluency in credit documentation and structure — comfortable arguing about first-lien vs. second-lien, intercreditor terms, cash sweeps, and what a lender actually means when they ask for control over an account
  • Strong financial modeling skills, you can build the facility model yourself and defend every assumption in it
More about this role

Hyperbolic Labs is on a mission to democratize AI by breaking down the barriers to computing power with our Open-Access AI Cloud. By making better use of idle computing resources across the globe, we offer an innovative GPU marketplace and AI inference service that promise affordability and accessibility for all. As pioneers at the intersection of AI and open-source technology, we believe in an open future where AI innovation is limited only by imagination, not by access to resources. We're looking for forward-thinking individuals who share our passion for making AI universally accessible, secure, and affordable. Join us in building a platform that empowers innovators everywhere to turn their visionary AI projects into reality.

You'll work directly with the Head of Finance and CEO to raise the capital that funds our compute supply, across conventional facilities and structures that don't have a standard playbook yet. Compute is an unusual asset class. It has contracted cash flows, a real residual value, a depreciation curve nobody agrees on, and a lender base that is still forming an opinion about it. You'll build the financing architecture around it, and make the case to a credit...

Read the full posting on Hyperbolic's site ↗

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