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It's not common, but not unheard of. Nat Friedman and Daniel Gross own a cluster of GPUs that they rent back to their startups for below market rates. They e
by jedberg 2y ago
It's not common, but not unheard of. Nat Friedman and Daniel Gross own a cluster of GPUs that they rent back to their startups for below market rates. They essentially trade GPU time for equity.
Index Ventures has a deal with Oracle to provide GPUs at no cost to their startups (they pay the bill).
- morgante 2y ago> Nat Friedman and Daniel Gross own a cluster of GPUs that they rent back to their startups for below market rates. Not just their startups btw.
- leohonexus 2y agoLink to the cluster's specs: https://andromeda.ai/ https://andromeda.ai/