Base Power Company: Chapter 3
Not Boring · 12 Aug 2026

Base Power Company: Chapter 3

Welcome to the 2,538 newly Not Boring people who have joined us since our last essay! Join 275,867 smart, curious folks by subscribing here: There are only two companies on which I’ve written multiple Deep Dives. The first is Ramp, which I first wrote about when it was valued at $300 million, then again when it was valued at $1 (and $1.6) billion, and then multiple times since. Today, it is valued at $44 billion.


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