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Account Executive

About FluidStack:

Over the last two years, we have seen significant fundamental breakthroughs in the capabilities of AI systems. AI has transformed from a niche technology, applicable in few spheres, to one that is surpassing human-level performance on a diverse range of tasks, including copywriting, code generation, translation, speech recognition, autonomous robotics, poker, and even reasoning.

 

As a consequence, training compute on models has been increasing 5x every year, plans are being made for training runs that cost $1bn, and companies ready $100bn GPU deployments. An arms race has started in compute - all in pursuit of building the most sophisticated and capable models in existence. 

 

FluidStack exists to help AI companies by providing rapid access to large amounts of high-quality compute. Our mission is to unlock the computer-bottleneck for all AI companies, to help them train and serve their next generation of Large Language Models (LLMs).

 

About the Role:

 

Duties & Responsibilities

 

  • Prospect and close net new customer deals with leading AI Labs in a defined geographic territory or industry vertical.  

  • Develop and shape the overall deal strategy and structure to meet customer business outcome and goals.

  • Identify and close strategic up-selling opportunities by understanding clients’ core business needs as they scale.

  • Take the lead in rapidly responding to RFP’s from target accounts and prospects.

  • Using knowledge of the market and competitors, identify and develop the company’s unique selling propositions and differentiators.

  • Participate in cluster build out discussions based on client needs with senior leadership, product, & engineering

  • Willing to get hands dirty and proactively develop connections with prospects, including digital outreach, attending events and steering potential customers into and down the sales funnel.   

  • Accurately manage and communicate monthly forecasts and pipeline.

  • Ability to travel <30% of the time.

 

Key Qualifications

  • Located in the Bay Area or NYC market

  • 3+ years of direct sales or business development in software, cloud or SaaS at a high growth technology start-up.

  • You have a strong desire to learn and can pick up new skills quickly and independently.

  • Strong communication skills with the ability to speak with C-level clients.

  • You believe that hard work is a prerequisite to success, and you are highly ambitious.

  • Strong quantitative skills and negotiation ability.

  • Proven track record of exceeding revenue expectations.

  • BA/BS degree

 

Benefits:

  • Market leading salary

  • Equity in FluidStack

  • Pension (UK), 401k (US)

  • 15 days of paid leave - plus public holidays

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Average salary estimate

$125000 / YEARLY (est.)
min
max
$100000K
$150000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Account Executive, FluidStack

Are you ready to step into a pivotal role as an Account Executive at FluidStack in the bustling tech hub of San Francisco? If you have a passion for AI and a knack for building strong customer relationships, this could be the perfect opportunity for you! At FluidStack, we are spearheading a movement to empower AI companies with unparalleled access to high-quality computing resources. Your mission, should you choose to accept it, will involve prospecting and closing deals with leading AI labs, shaping strategies that align with customer goals, and identifying key opportunities for growth. You will get to collaborate closely with top-tier customers, utilize your market knowledge to drive our unique selling points, and lead the charge in responding to RFPs with agility. Your role will also include engaging directly with prospects, whether through digital outreach or attending industry events, showcasing your proactive approach as you navigate through the sales funnel. With a focus on delivering exceptional results, you'll also have the fantastic opportunity to accurately manage monthly forecasts and pipeline reports, all while maintaining a strong client presence. If you're located in the Bay Area or NYC, have over three years of experience in direct sales within software, cloud, or SaaS environments, and possess excellent communication and negotiation skills, we want to hear from you! Join FluidStack and be part of a company that's shaping the future of AI. Plus, enjoy a market-leading salary, equity opportunities, and more amazing benefits!

Frequently Asked Questions (FAQs) for Account Executive Role at FluidStack
What are the primary responsibilities of the Account Executive at FluidStack?

As an Account Executive at FluidStack, your primary responsibilities include prospecting and closing new customer deals with leading AI labs, developing strategic deal structures, identifying upselling opportunities, and leading the response to RFPs. You'll leverage your market knowledge to enhance FluidStack's unique selling propositions while actively engaging with prospects to drive them through the sales funnel.

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What qualifications are necessary for an Account Executive role at FluidStack?

To qualify for the Account Executive position at FluidStack, candidates should be located in the Bay Area or NYC, with at least 3 years of experience in direct sales or business development in high-growth technology startups. Strong communication, negotiation skills, and quantitative abilities are essential, alongside a proven track record of exceeding revenue expectations.

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How does FluidStack support the career growth of its Account Executives?

FluidStack encourages the professional development of its Account Executives by promoting a culture of learning and independence. You'll have access to resources that facilitate rapid skill acquisition, opportunities to attend industry events for networking, and a collaborative environment where you can work closely with senior leadership on various initiatives.

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What travel requirements exist for the Account Executive position at FluidStack?

The Account Executive position at FluidStack typically requires less than 30% travel. This allows you to balance your time effectively between client meetings, sales engagements, and collaborative work with your team, ensuring you maintain a strong presence in the field without extensive travel commitments.

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What benefits can an Account Executive expect at FluidStack?

FluidStack offers a comprehensive benefits package for its Account Executives, including a market-leading salary, equity options in the company, a pension plan in the UK or a 401k in the US, along with 15 days of paid leave plus public holidays. This robust package reflects the company's commitment to supporting its employees' well-being and financial future.

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Common Interview Questions for Account Executive
Can you explain your approach to prospecting new clients as an Account Executive?

When prospecting new clients as an Account Executive, I believe in a multi-faceted approach that incorporates thorough research to identify ideal targets, leveraging personal networks, engaging in digital outreach, and attending industry events to create meaningful connections. This proactive strategy helps me not only find new leads but also understand their needs better.

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How do you handle objections from potential clients?

Handling objections is a critical skill for an Account Executive. I listen carefully to the client's concerns, acknowledge their validity, and then provide tailored solutions that address those objections. Demonstrating empathy while being prepared with data or case studies that reinforce the value of our offerings is key.

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Describe a time you exceeded your sales targets.

I exceeded my sales targets last quarter by not only focusing on closing deals but also by identifying upsell opportunities within existing accounts. By building strong relationships and understanding their evolving needs, I was able to propose additional solutions that benefited both the client and my sales goals.

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What techniques do you use to build relationships with clients?

Building relationships begins with trust. I prioritize open communication, actively engage in listening to my clients' needs, and follow up regularly to show that I’m invested in their success. Additionally, I leverage social media and professional networks to maintain connections even outside of direct sales dialogues.

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How do you prioritize your sales pipeline?

I prioritize my sales pipeline by using a combination of criteria, including potential deal size, the closeness of the lead, and the specific needs of each prospect. Employing a CRM tool to keep track of these variables helps me manage my time and focus on the most promising opportunities effectively.

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What is your process for responding to RFPs?

My process for responding to RFPs involves thorough analysis of the request and collaboration with internal teams such as product and engineering. I ensure our proposal aligns with the client's goals while highlighting our unique selling points and using data to demonstrate our success rates.

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How do you stay updated on industry trends?

I stay updated on industry trends by regularly reading industry publications, participating in webinars, attending conferences, and engaging with my professional network. This continuous learning allows me to provide informed insights to my clients and adapt our strategies to mask the competition.

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What do you believe sets FluidStack apart from its competitors?

FluidStack's unique value proposition lies in our commitment to providing high-quality compute resources efficiently to AI companies. Our agile approach and customization for client needs combined with robust infrastructure enable us to offer a solution that truly stands out in the competitive landscape.

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How do you measure your success as an Account Executive?

I measure my success through key performance indicators such as revenue generation, client satisfaction ratings, and the growth of accounts under my management. Success is not merely about meeting quotas; it also includes fostering strong, lasting relationships that drive mutual growth.

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What motivates you to succeed in sales?

I am motivated by the thrill of closing deals and the satisfaction that comes from helping clients solve their challenges. Additionally, the opportunity for professional growth and potential rewards tied to my performance keeps me driven to succeed and continually improve my skills.

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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
January 8, 2025

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