Compute financing risk will fall to hedge funds and commodity traders, not private credit
AccBalanced · x · 2026-09-08
Analyzing who will underwrite compute financing risk: traditional private credit funds avoid volatile residual values, merchant exposure, technological obsolescence, and weak recovery data. The willing takers are commodities/energy traders, hedge funds, and family offices — investors used to pricing volatility rather than eliminating it.
More from Venture
- Revolut founder Storonsky: investor pushed me to fire my best engineer, so I removed all VCs from the board — ctjlewis · 2026-10-27
- Anthropic officially files S-1 registration statement with SEC for proposed IPO — TinfoilTricorn · 2026-10-27
- YC F26's EveryApp wants to open-source every business app; OpenSEO already at 24k stars — ycombinator · 2026-10-27
- Gary Marcus asks why Anthropic couldn't legally disclose Q3 numbers in its S-1 filing — GaryMarcus · 2026-10-27
- Gary Marcus flags Nov 11-15: Anthropic's Q3 S-1 update and earliest IPO window — GaryMarcus · 2026-10-27
- Kimi K3 Is 'Open' Until You Succeed: License Caps Free Use at $20M Revenue — alex_verem · 2026-10-27