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by humanistbot 1048 days ago
From sentence one of the post, it clearly states that they are VC funders who are doing this for a round of startups they just funded, and they're looking for others to be a part of it.
1 comments

Oh no, definitely not. We just got a loan.

Neither Alex or I are currently VCs, and this has no affiliation with any venture fund.

We want to be a customer of the sf compute group too!

How’d you get this loan? Is it from a benevolent individual who just wants to make something happen?

If not and you got the loan from a bank, super curious how you were able to get the bank to trust that renting out the GPUs would cover the loan or if some other reasoning convinced them. Assuming you aren’t trying to turn this into a big business, that knowledge might help a lot of other players run similar programs and further democratize SOA GPU access.

I’m fairly certain this loan is either a private individual or a HELOC or something. No way is a bank just going to loan out a bunch of money to some startup like this.
I’m curious, how are those loans guaranteed?
The only guarantee is them not paying it back