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erenberke
51karma·24submissions·April 7, 2024
recent activity (24 total)
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Stripe puts it nicely here! "Escrow has a precise legal definition, and Stripe doesn’t provide escrow services or support escrow accounts. However, you can control payout timing through manual pa…
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Stripe processes the payment as a direct charge on the seller's connected Stripe account. Seller proceeds stay in that Stripe balance with payouts set to manual. They never pass through Stoa'…
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I just used "escrow" to make the process relatable, but we are not technically escrowing it under Stoa. We use Stripe's services to control payment releases upon shipment / inspect…
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merhaba!
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we do! any configuration can be sent as an RFQ and dealers will respond with their inventory
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The terms are defined in the sales agreements on the platform. Both parties abide by the terms throughout the transaction. We do not release any payment to the sellers until the buyer certifies that t…
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if wrong documentation is produced, buyers have the right to dispute / return the equipment for a preset period of time. we get the sellers to certify the verifications they upload.
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Wouldn't really say like ebay. our transactions are binding and more client driven (clients put the requests instead of stale dealer listings). on ebay, the dealers always have the right to just …
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Great question. We don’t treat “used” as one bucket. Before the RFQ goes out, the buyer says what logs and tests they need. If the seller can’t provide usage history, that’s stated in the quote rather…
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Website includes some of the most liquid cards, but we have many more configs in the actual marketplace.
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Basis risk is also a big part of futures markets, how much does spot price differ from forward pricing and why. For physical GPUs, theory would expect a downward sloping forward curve due to the depre…
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Yes, those types of differences across different providers is what the finance world calls basis risk. As more and more transactions take place, we hope to bring transparency into how different compon…
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We have AMD chips too, especially MI350X has been in high demand.
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Yep, we currently only transact within the US in the marketplace. We handle end user disclosure type checks on the platform. For any international deals, we still support them via our over-the-counter…
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Those work with rental agreements on compute, we directly transact the hardware itself. Instead of per hr pricing, we do physical unit prices. We help with the shipment and clearing process too.
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The market is so new and growing that we sometimes end up working together with competitors to satisfy some of the requests. Would be great to know who it is! We actually had many rental marketplaces …
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We already support these!
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We ask any seller to post the condition and testing reports for the hardware they sell, so there is no info asymmetry. As long as there is a willing buyer and a willing seller at the conditions specif…
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We use Stripe Connect to transfer the funds, and it is not a waivable process. In addition to KYC documentation, the team personally meets with any participant we onboard to the marketplace. We also h…
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glad you like it! we aggregate de-identified pricing from transactions we observe, and whenever you create a quote, you will see an indicative range of what we think your config is worth. This can dev…
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We do both! Solving for the forward curve has very interesting applications in the GPU market, as depreciation is a big factor. We have credit limits/margins in place to be posted for any forward…
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Our primary focus is on trading the physical hardware, most of the marketplaces we see are rental focused. Our thesis is as open source models become stronger and stronger, owning your own hardware wi…
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For now, we are focusing on institutions, since most of this hardware has strict export controls. We deal with all sizes though, we can do a single card to 1024 servers. Can always reach out to us to …