Last week, Base Power Company announced that it had raised $1B at $13B and launched Base Core.
The perfect opportunity to write Chapter 3 of the Book of Base.
This one is about bringing manufacturing in-house, capturing the High Ground, building a Capability Cannon, aiming it at new geographies and customer types, and where it might aim next.
There are only two companies I've written multiple Deep Dives on: Ramp and Base. I plan to write a Chapter every year until IPO, and then turn it into a book.
The ambition grows each time I come back, and now it's about as big as it gets. Base wants to become the world's largest energy company.
"Because if we are the best energy technology company, and energy is going through this kind of once in a generation demand inflection as the result of AI, the company who does this should become the world’s largest energy company and perhaps the world’s largest company," Zach told me. "But we'll see."
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