Investor Sudarshan: Stop Promoting Power-Ready Land

Sudarshan, General Partner of the San Francisco fund SF1, posted a request to stop recommending power-ready land to him and instead introduce him to companies under construction that he can invest in. The preferred location is the Bay Area, followed by El Segundo, New York, or Austin.

On the same day, he also posted a procurement request: looking for at least 250 megawatts, preferably 500 megawatts, and a maximum of 2 gigawatts of power-ready land, ideally with the power shell already built. He stated that the company is price insensitive and has billions of dollars behind it. Another invested company needs 5 megawatts to 75 megawatts, preferably located in California, Nevada, or West Texas. The call to stop recommendations came after inquiries about this batch of land.

On September 7, he wrote about four directions he is exploring. The first is treating capital itself as a moat: in the era of artificial intelligence, venture capital and founders are rethinking heavy capital expenditures as a defense. Industry consolidation remains hot, with an increase in hardware and companies starting with over $100 million. The second is the shift of American dynamism from defense to re-industrialization and self-sufficiency, prioritizing the manufacturing of automated, modular factories and new energy.

The third is robotics and biotechnology, which he refers to as the new frontier. The market is waiting for the ChatGPT moment in these two industries, and he anticipates substantial progress in the next 12 to 24 months. The overarching theme is the law of scaling entering the physical world, where software code will be able to manipulate atoms. The fourth is developer infrastructure, which he believes still has over $1 trillion in value to capture. The market share for agent tools is still below 10%, and non-technical people are starting to write code, creating new infrastructure demands that did not exist during the previous linear growth by headcount.

His public resume lists him as a General Partner at SF1, having previously worked with wildfire-related Fion and AI sales company Pipeline. The power-ready land post separates investment preferences from the power procurement of invested companies: the land is production material being purchased by portfolio companies, while he personally seeks builders at any stage in the Bay Area and three alternative cities.

This is project screening, not a fund closure. The sellers are energy intermediaries promoting land parcels and power-ready landholders, while the buyers are his invested companies. Funds from his inbox are split into two paths: power capacity flows to portfolio companies with billions of dollars in backing, while equity checks flow to robotics, biotechnology, factory automation, new energy, and agent development tools. Beneficiaries are early builders who can meet in the Bay Area or El Segundo, New York, or Austin; those under pressure are intermediaries who only acquire land parcels without investable companies.

Source: Public Information