Principal Product Manager, CoreWeave
Infrastructure Consumption & Monetization
$284-378k
OTE
$227-303k
BASE
+ Discretionary bonus & Equity
More information about location
Specialized cloud provider
Be an early applicant
Specialized cloud provider
201-500 employees
Be an early applicant
$284-378k
OTE
$227-303k
BASE
+ Discretionary bonus & Equity
More information about location
201-500 employees
Company mission
CoreWeave's mission is to deliver a massive scale of GPU compute resources on top of the industry’s fastest and most flexible infrastructure.
Role
Who you are
- The ideal candidate is passionate about AI and cloud technologies, with a deep understanding of cloud infrastructure economics, AI workload ecosystem, cloud-native technologies, and the competitive landscape
- Investing in our people is one of our top priorities, and we value candidates who can bring their diversified experiences to our teams. Here are some qualities we’ve found compatible with our team
- Experience: 8+ years of professional experience, with at least 5 years in Product Management of cloud services or AI/ML market segment
- Technical Knowledge: Deep understanding of AI/ML workloads including foundation model training and inference, cloud infrastructure (GPUs), and cloud-native architectures (Kubernetes, microservices)
- Leadership: Proven ability to lead cross functional teams , with strong decision-making, project management, and mentoring skills
- Customer-Centric Approach: Demonstrated experience working closely with customers to identify needs and translate them into product features and solutions
- Communication Skills: Excellent verbal and written communication skills with the ability to influence cross-functional teams and stakeholders
- Education: Bachelor's or Master’s degree in Computer Science, Engineering, or a related technical field. MBA or equivalent experience is a plus
- Visionary Leadership: Ability to think strategically while being able to dive into technical details to guide the product team
- While we prioritize a hybrid work environment, remote work may be considered for candidates located more than 30 miles from an office, based on role requirements for specialized skill sets
What the job involves
- We are looking for a Principal Product Manager for Infrastructure Consumption & Monetization to lead the strategic direction and execution of our monetization efforts
- This pivotal role will focus on defining consumption models, optimizing infrastructure utilization, and developing pricing strategies that drive the success of CoreWeave's core GPU infrastructure
- You will leverage market insights and technical expertise to define the product vision, roadmap, and go-to-market strategy, ensuring that CoreWeave builds on its market-segment position as the leading AI Hyperscaler
- Monetization Strategy: Define and evolve CoreWeave's overall monetization strategy, identifying new opportunities and optimizing existing approaches to maximize revenue and profitability across our GPU infrastructure services
- Consumption Model Design: Lead the design and implementation of innovative consumption models that align with customer needs, encourage adoption, and drive efficient utilization of CoreWeave's resources
- Infrastructure Utilization Optimization: Work closely with engineering and operations teams to understand infrastructure costs and utilization patterns, informing pricing and packaging to optimize resource allocation and profitability
- Pricing Strategy & Execution: Develop and implement pricing strategies for CoreWeave's GPU infrastructure, considering market trends, competitive landscape, customer segmentation, and product value
- Product & Program Development: Design and launch new products and programs specifically aimed at improving monetization, including new service tiers, discount structures, or value-added offerings
- Cross-functional Collaboration: Partner with engineering, sales, finance, and marketing teams to ensure alignment on monetization goals, effective product launches, and seamless go-to-market execution
- Market Analysis: Conduct in-depth market research and competitive analysis to identify monetization best practices, emerging trends, and opportunities for differentiation
- Go-to-Market Strategy: Partner with industry partners, marketing, and sales teams to develop and execute effective go-to-market strategies for consumption models, including positioning, messaging, and competitive differentiation
- Performance Monitoring: Define key metrics and establish robust reporting to monitor the performance of monetization strategies, identify areas for improvement, and inform future decisions
Application process
- New hires will be invited to attend onboarding at one of our hubs within their first month. Teams also gather quarterly to support collaboration
Our take
Many cloud service providers can suffer from slow prediction speeds when they are used for data modeling. CoreWeave solves this problem with its specialized cloud service provider.
CoreWeave reduces prediction times and makes service requests faster and more efficient. This, in turn, cuts cloud costs considerably. This has proven to be a strong draw for many companies, with CoreWeave signing a lucrative partnership with GPU heavyweight NVIDIA as well as partnering with BitOoda, which has allowed it to expand its operations to the financial market.
However, in 2023 it closed three very significant rounds of funding (Series B and debt and secondary extensions), which is being invested into expanding its US-based data centers, opening two new ones in the coming year. The question remains whether, despite 2023's big investments in the sector, CoreWeave can maintain this momentum and whether generative AI's stock will continue to rise.
Steph
Company Specialist at Welcome to the Jungle
Insights
194% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
May 2024
$1.1bn
SERIES C
May 2023
$200m
SERIES B
Total funding: $1.7bn
Company benefits
- Medical, dental, and vision coverage
- Life and disability insurance
- Flexible Spending Account
- 401k with employer match
- Flexible PTO
- Catered lunch
- Kinside Childcare Concierge Service
- Gym reimbursement
Company HQ
Civic Center, New York, NY
Leadership
Michael Intrator
(CEO, not founder)Was Principal Portfolio Manager at Natsource Asset Managment for over 15 years. Served as CEO of The Atlantic Crypto Corporation and Hudson Ridge Asset Management.
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