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Head of Capital Markets

GeneralcomputeAshbySan Francisco
Posted 1 SepFound 14 OctSeen 4 hours ago

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The Posting

About Us

General Compute is the neocloud for alternative chips.

Inference is fragmenting: purpose-built silicon from SambaNova, Cerebras, Positron, d-Matrix, and others already beats GPUs on decode, and we productionize that hardware — we buy the racks, find the data center space, and run it for our customers. Each piece of hardware runs the workload it's actually built for: prefill stays on GPUs, decode moves to the chip built for it, and today that means generating tokens 5–7× faster than existing GPU-based competitors. Our customers are frontier labs, fast-growing AI application companies, and asset-light clouds.

We closed a $15M seed round in May 2026, and have since closed a $400M debt facility — $100M funded upfront by Upper90, with the balance available for drawdown — collateralized by our inference chips.

About the role
This is the first dedicated capital markets hire at General Compute, reporting directly to the CEO. You'll own our capital stack end-to-end — structuring and closing financing facilities, running lender relationships, and building the credit story that carries us into our Series A. It's a hands-on seat: you build the models yourself, run the process yourself, and spend the bulk of your week on capital markets, with the rest keeping core company finance tight.

What you'll own

  • Own the first asset-backed facility end-to-end: model, data room, lender process, term sheets, close.
  • Own the capital stack from here — subsequent debt tranches, customer contract financing, and the credit story we take into Series A.
  • Own every credit relationship we have.
  • Run day-to-day company finance: cashflow, budget vs actuals, and our bookkeeper. About a day a week — the other four are capital markets.

What we need from you

  • You have personally closed a $50M+ asset-backed or equipment-backed facility in compute, data center, or comparable infrastructure — CoreWeave, Crusoe, Lambda, Nebius, Voltage Park, Applied Digital, or a leveraged finance / ABL desk that ran the work on a deal like ours.
  • You build the model yourself.
  • You move fast. The first facility closes in the next few months.
  • You are direct. We have no time for hedging.
  • You are comfortable being an early employee — hands-on with everything finance, including the unsexy parts.
  • You will report to the CEO and have meaningful equity tied to delivery.

Facts

Source
Ashby
External id
c2365df2-d0f1-4423-b3d4-ac61a7a1eb64
Location
San Francisco, CA, United States
Remote
Hybrid, from the posting
Employment
Full time
Posted
1 Sep 2026, 20:56
First seen
14 Oct 2026, 20:29
Last seen
2 Nov 2026, 03:44
Status
Not yet added
Posting id
5791fe90-74fa-58bf-b9f3-f1906df82cf2