You may be wondering why am I writing about the smaller companies with strong leadership but not the big players we are familiar with. We are familiar with the big companies and I have written about most of them already.
Why write about smaller companies with smaller stock market capitalization with a growing appetite for digital currency? I had to. I found one which was in a good stage of development, healthy growth, and the potential for having a big company anytime in the near future.
What made me fall in love with BenevolentAI (BE)??
Let me share my company-specific name and the top reason why I have to love this company. My name here is Naomi Martin — II. But let me also share that my company is a very small company right now.
Given the smart beta markets and capital flows now, it is critical to have been able to survive the short and long-term effects of the pandemic by any means. Besides having to survive — we are in the growing mode now.
BE has core technologies for building a custom power grid that can only be created on the grid.
There is already a grid today but like any utility-dense network, many of the dead spots that our power grid data shows exist are in the current grid structure. Power is being generated in the grid but there are no power stations set up in the dead spots. We, therefore, need to be able to make it happen in the next couple of years. BE has on its team highly skilled engineers, architects, engineers, documentarians, statisticians, and quantitative modelers who are experts in both solar power and grid engineering. They need to be better at what they do than what we now do and soon it will be extremely hard to find someone with the same skills. Some of these skills you do find a lot in larger multi-national companies today. So, imagine wanting to start a better version of an existing business. It is hard to do though, so you have to do the hard work to be a good company. So BE is doing the hard work for itself.
In addition to their studies in power engineering, CRE (Converged Commercial Computing) areas, and taking advantage of new technologies like Artificial Intelligence, AI also does the hard work to provide custom software for solar power generation systems. This is why its name refers to a CHIP. We also build software with chip processors and they name us as the world’s only private energy company that specializes in the production of customizable software solutions for a renewable energy generation system. We can now build power systems that are installed on or just outside the grid. Due to the increasing demand for clean and sustainable power from industrial applications, it is time to grow the software solutions we offer to the industry. We are building tomorrow's IT company that will contribute to the creation of tomorrow's energy.
This is on the line, the first things that attracted me to this company’s products and services are the potential to strengthen the convergence of commercial computing and the green push of the 21st century. I will also add what I already mentioned — the highest profitability rate when compared to its parent company in the photovoltaic field.
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The only reason why the company is so still small in its development and growth phase is because of the large number of unicorns (un-financial start-ups) whose VCs think they may have a growth of better than ~10x revenue. Thus, many startups just press to continue operations and wait for interest from many more unicorns. This is why I think this is not a problem, but rather, the challenge of the new generation of companies that are just gaining traction and growth rate. BE is in the very early stage right now. That means they have a great future opportunity to be a larger company in the near future. However, the chance that becomes a reality is reduced upon the growth rate of the company. Therefore, the future boom for the company is one that is: a. Will reach the peak for the company’s current valuation and will grow at a high rate by improving the company’s top management as it proceeds through the next 6–8 years. b. Will generate potential huge profits and have the possible opportunity to be the world’s leading renewable energy industry company as it reaches maturity. The list of reasons is even too long so it is hard to cover all of them. But I do think my answers are very clear now. No matter how big a company becomes in 20 years, it is always better to focus on the current stage in the development cycle, never the further one.