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Full-Time

Associate General Counsel

Corporate

Updated on 10/23/2024

Lambda

Lambda

51-200 employees

Cloud-based GPU services for AI training

AI & Machine Learning

Compensation Overview

$209k - $300kAnnually

Senior

San Francisco, CA, USA

Requires in-office presence in San Francisco 4 days per week; work from home on Tuesday.

Category
Legal
Legal & Compliance
Requirements
  • Have admission to and are in good standing with the California bar (or equivalent with in house waiver/registration).
  • Have 8+ years of relevant experience at an in-house legal department or law firm handling corporate legal matters
  • Are a strong corporate generalist skill set with experience in governance, securities, strategic transactions, subsidiary management and equity administration
  • Have the ability to negotiate and balance legal constraints with business goals
  • Strong attention to detail with an ability to provide clear “non-legalese” explanations to members of other teams, including senior management
  • Have a results-oriented attitude, excellent decision-making, and ability to prioritize the highest-impact initiatives
  • Have the mentality that no task is too big or too small
  • Have very strong interpersonal and communication skills, including the ability to communicate effectively with a wide variety of people, collaborate with diverse business groups, and build interdepartmental relationships at all levels.
Responsibilities
  • Provide counseling, support, and organization to enable key business initiatives like fundraising, debt financing, M&A, and strategic investments.
  • Assist in a range of corporate governance matters, including preparing board and committee meeting materials, resolutions, minutes, and written consents, maintaining applicable entity registrations and filings through our secretarial services provider.
  • Assist with securities law compliance, including the preparation of periodic, current and other relevant reports, filings and statements.
  • Assist in the formation and dissolution of entities, including international entities, and support changes in entity structure.
  • Continue building Lambda’s equity administration program, advising as we consider potential transitions between stock compensation options.
  • Partner with the People teams to support various initiatives to support Lambda’s Culture. Projects may include advising on employee and management handbooks, and developing and delivering training for employees on various legal adjacent topics.
  • Stay up to date on legal and regulatory requirements relating to the industry and help to formulate responsive company positions and strategies. Leverage technology wherever possible to automate, streamline and otherwise drive process improvements.
  • We are a relatively small legal team and we often need to pitch in on other areas of legal work - employment, IP, policy development, and contract review. We’re looking for someone eager to explore areas outside of their specialty occasionally.

Lambda Labs provides cloud-based services for artificial intelligence (AI) training and inference, focusing on large language models and generative AI. Their main product, the AI Developer Cloud, utilizes NVIDIA's GH200 Grace Hopper™ Superchip to deliver efficient and cost-effective GPU resources. Customers can access on-demand and reserved cloud GPUs, essential for processing large datasets quickly, with pricing starting at $1.99 per hour for NVIDIA H100 instances. Lambda Labs serves AI developers and companies needing extensive GPU deployments, offering competitive pricing and infrastructure ownership options through their Lambda Echelon service. Additionally, they provide Lambda Stack, a software solution that simplifies the installation and management of AI-related tools for over 50,000 machine learning teams. The goal of Lambda Labs is to support AI development by providing accessible and efficient cloud GPU services.

Company Stage

Series C

Total Funding

$932.2M

Headquarters

San Jose, California

Founded

2012

Growth & Insights
Headcount

6 month growth

23%

1 year growth

63%

2 year growth

273%
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Simplify's Take

What believers are saying

  • Lambda Labs' competitive pricing and availability have attracted high-profile clients like Voltron Data, indicating strong market demand.
  • The recent $500M GPU-backed financing facility will enable Lambda to expand its cloud infrastructure significantly, enhancing service capabilities.
  • The appointment of Peter Seibold as CFO, with his extensive experience, is likely to strengthen Lambda's financial strategy and operational efficiency.

What critics are saying

  • The rising prices of AI cloud compute instances could deter cost-sensitive clients, impacting Lambda's customer acquisition.
  • The competitive landscape, with giants like AWS launching high-core instances, poses a threat to Lambda's market share.

What makes Lambda unique

  • Lambda Labs leverages NVIDIA's GH200 Grace Hopper™ Superchip, offering unmatched efficiency and price for AI training and inference, setting it apart from competitors.
  • Their Lambda Stack software simplifies AI-related software installation and upgrades, used by over 50,000 machine learning teams, providing a significant edge in user experience.
  • The Lambda Echelon service allows clients to take ownership of their infrastructure, a unique offering compared to traditional cloud service models.

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