The lifecycle
1
Create a company and give people roles
Everything happens on behalf of a company. The person who creates it becomes its Owner. The owner invites others as Authorized signatory, Trader or Viewer. See Team and roles.
2
Seller: get verified and sign the seller agreement
On the Sell menu, the seller applies in Company → Verification. The GPU Outlet team reviews the application. The seller also signs the Seller marketplace agreement on Documents. Accepting an opportunity requires both. See Verification and Agreements.
3
Seller: publish a listing
A verified seller publishes capacity from My Listings. The listing appears on Radar under a handle such as
Seller-XXXXX, not the company’s legal name. See Listings.4
Buyer: send a request
The buyer browses Radar or goes straight to Requests. A request states the GPU, nodes, region, start, term and an optional budget. See Requests.
5
The GPU Outlet team prepares a match
The team matches the request to a suitable listing. Matches are prepared by people, so there is no fixed time for one to appear.
6
Seller: review the anonymous opportunity
The seller gets a new item in Opportunities. It shows only what the buyer needs: capacity, region, start, term and budget. It shows no buyer name, and never the buyer’s notes.
7
Seller: accept and reveal, or decline
The seller presses Accept & reveal the buyer, reads the terms and confirms with Accept Opportunity & Reveal Buyer. The terms include a 1% success fee on amounts actually received, for contracts signed within 24 months of the reveal. Declining is final. Nothing about the seller’s company is shown to the buyer.
8
The introduction starts
Accepting creates an introduction with a reference such as
GO-YYYYMMDD-XXXXXX. The terms are frozen at this moment. The buyer is notified that a seller accepted the request.9
Seller: existing relationship claim window
If the seller already worked with this buyer, the seller can file a claim with evidence. The window is 2 business days from the reveal. If the GPU Outlet team approves it, no success fee is owed on this buyer.
10
Both sides confirm they are ready
The companies talk and agree to go ahead. Each side then presses We are ready. Confirming is a fact, not a contract, and it cannot be undone.
11
Seller: send the invoice
Once both sides are ready, the seller uploads their invoice to the buyer as a PDF. It gets a reference such as
DIN-YYYYMMDD-XXXXXX.12
Buyer: pay and mark as paid
The buyer pays the seller directly, outside GPU Outlet. The buyer then presses Mark as paid, with an optional payment reference.
13
Seller: confirm the money arrived
When the money arrives, the seller presses Money received. This issues a success fee invoice with a reference such as
FEE-YYYYMMDD-XXXXXX.14
Seller: pay the success fee
The fee invoice is due 5 business days after the seller confirms Money received. The seller pays by bank transfer against the invoice PDF and presses I have paid.
15
The GPU Outlet team confirms payment
The team checks the transfer and marks the fee invoice Paid. See Success fee.
Business days are Monday to Friday in UTC. Public holidays count as business days.
The auction route
A seller who wants competition rather than a published price decides that when publishing the capacity, and then opens a lot on it.1
Seller: publish the capacity as an auction
How buyers take it is answered in the publish form and fixed there. See Selling by auction.
2
Seller: open a lot
The lot states the nodes, the reserve, the bid step, the window and the rest of the terms. Bidders accept those terms before they can bid, and once anybody has bid the terms are frozen.
3
Buyers: accept the terms and bid
A bid is an intention to buy at that price and a place in the ranking. No money moves and nothing is reserved. On a sealed lot no bid is visible to anyone until the close, the seller included. See Bidding.
4
The lot closes
At its closing time the highest bid that clears the reserve wins; equal amounts are settled by who bid first. If nothing cleared the reserve, the lot is unsold.
5
The winner and the seller are introduced
A winning lot produces the same introduction an accepted match produces, with the same reference and the same terms. The two companies then contract directly.
6
The rest is the lifecycle above
Readiness, the seller’s invoice, payment, and the 1% success fee on what the seller receives.
What each side sees
Before the reveal
The buyer sees only their own request. The seller sees the anonymous demand: capacity, region, start, term and budget. Neither side sees the other’s name. On Radar, buyers see a seller handle such asSeller-XXXXX instead of a legal name.
After the reveal
The buyer does not receive seller contacts. The seller reaches out to the buyer.
Each side then has an introduction page with readiness, invoices and a timeline of what happened. The seller’s page also shows the fee terms and the claim deadline. See Buyer introductions and Seller introductions.
Who does what
Related
Quickstart
Take the first steps as a buyer or a seller.
Statuses
Every status you see along the way, and what it means.
Success fee
How the fee is calculated, invoiced and paid.
Glossary
The terms used across the product.