Head of Capital Markets

General Compute•San Francisco, CA

About The Position

General Compute is a neocloud for alternative chips, acquiring purpose-built inference hardware, securing data center space, and operating the infrastructure for customers. The company serves frontier labs, fast-growing AI application companies, and asset-light clouds. It closed a $15 million seed round in May 2026 and a $400 million debt facility, with $100 million funded upfront by Upper90 and the remainder available for drawdown, collateralized by inference chips. The Head of Capital Markets is General Compute’s first dedicated capital markets hire and reports directly to the CEO. This hands-on role owns the company’s capital stack end-to-end, including structuring and closing financing facilities, managing lender relationships, and developing the credit story for the company’s Series A. The role also handles core company finance, including cash flow, budget-versus-actuals, and oversight of the bookkeeper. Approximately four days a week are devoted to capital markets and about one day to company finance.

Requirements

  • Have personally closed a $50 million or larger asset-backed or equipment-backed facility in compute, data center, or comparable infrastructure.
  • Be able to build financial models directly.
  • Move quickly; the first facility is expected to close in the next few months.
  • Communicate directly and avoid hedging.
  • Be comfortable as an early employee handling all aspects of finance, including less glamorous tasks.

Responsibilities

  • Own the first asset-backed facility end-to-end, including modeling, the data room, the lender process, term sheets, and closing.
  • Manage the capital stack, including subsequent debt tranches, customer contract financing, and the credit story for the Series A.
  • Manage all credit relationships.
  • Run day-to-day company finance, including cash flow, budget-versus-actuals, and the bookkeeper.
  • Build financial models and run financing processes directly.

Benefits

  • Meaningful equity tied to delivery.
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