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Author claims @basepowerco closed a Series D at a $13 billion post-money…

Brief

Base Power's Series D is described as a $13 billion post-money valuation, with the author claiming markets finally assigned the correct #VOLL for U.S. residents after months of preparatory work. Arushi met founders @ZachBDell and @JLopas in April 2024, began collaborating immediately, and praises their mission to build social infrastructure that yields a "massive ROI for America."

Why it matters

Author claims @basepowerco closed a Series D at a $13 billion post-money valuation ("#13billion #postmoney").

Key details

  • Author states that markets have "finally assign[ed] the correct #VOLL for United States residents," crediting months of marker-board work for the outcome.
  • Arushi Sharma Frank met @ZachBDell and @JLopas in Austin in April 2024, began working with their team soon after, says their work "enables a massive ROI for America," and watched a founder impress a DC audience when Zach visited a few months ago.
Source evidence

13billion #postmoney 👀🔋🎯

Markets finally assign the correct #VOLL for United States residents and months scribbling stuff on marker boards pays off.

Arushi Sharma Frank (@ArushiSF)

@basepowerco SeriesD
I met @ZachBDell and @JLopas in Austin in April 2024, began working with their team almost immediately. They galvanized my mission statement to support founders who want to build social infrastructure for the right reasons. Their work enables a massive ROI for America. Zach came to DC a couple months ago, and I watched my first founder eat the scenery in a room full of people who barely understand the future that is already here. Congratulations.

— https://nitter.net/ArushiSF/status/2084270151717843326#m