The @binaytara Cancer Hospital in Janakpur has officially received government EIA approval. We are now one step closer to breaking ground on this state-of-the-art, 200-bed facility!
— Paramendra Kumar Bhagat (@paramendra) May 19, 2026
Electricity is apple. Compute is apple sauce. Compute is the most cutting-edge "product" in the global economy today. There is bottomless demand. A good excuse to harvest all of Nepal's hydroelectricity potential in one fell swoop.
— Paramendra Kumar Bhagat (@paramendra) May 19, 2026
Okay. So. Be realistic. The idea is not to defeat China, whatever that means. The idea is to help China evolve. Think Deng, but for political reforms. Deng always meant to do political reforms. He just wanted to do economic reforms first. Can you blame him? Compare Deng's tenure to the farm famines, and the Cultural Revolution. Night and day. Deng thought Gorbachev was stupid. The 10 years after the collapse of the Soviet Union were a disaster for ordinary Russians. Your living standard is going down, down, down, despite all the resources. You don't want to wish that upon your opponents. Because that defeats the argument. If communism is bad, then the post-communist Russia should have just taken off. It didn't. It led to a collapse for a decade. Beware western media coverage of you. It can lull you into thinking you are the man. Gorbachev? Liberator. Yeltsin? Liberator. You can say Putin is a bad guy. Or you can say he came in and stabilized the situation by creating a strong center. First, things stabilized, and then the living standards started going up.
I am a small d democrat, by the way.
There was a king Akbar in India. He had a Prime Minister Birbal. Their stories are legendary and sold on the sidewalks of India. One day Akbar showed a stick to Birbal and said, on penalty of death, make that stick smaller, but you cannot touch it. For any ordinary mortal, that was certain death. But Birbal was no ordinary mortal. And all Indians know it.
Birbal put a bigger stick next to the stick. There, the stick is now shorter.
So, if you are a China Hawk, like Ben, Vinod, and Marc are, you help put that bigger stick next to the stick. That bigger stick is Nepal. You do your best to strengthen the forces of free speech and democracy inside Nepal. You do something that gives Nepal triple digit growth rates that China never experienced. And people would be like, whoa!
And that is my China Hawk position.
I am raising 100M at a 1B valuation. Electricity in the Himalayas are cheap. And cooling is easy and free. Cooling is super complicated in space despite near absolute zero temperatures because, vacuum. I offer you cheap compute, the Sams and Darios of the world.
Himalayan Compute: Building the Trillion-Dollar AI Engine of the Himalayas argues that Nepal is uniquely positioned to become one of the world’s most important AI infrastructure hubs by converting its vast untapped hydropower potential into exportable compute. 👇👆
— Paramendra Kumar Bhagat (@paramendra) May 4, 2026
— Paramendra Kumar Bhagat (@paramendra) May 4, 2026
Rather than selling raw electricity, Nepal can multiply economic value by transforming hydropower into GPU-powered AI clusters, creating jobs, revenue, and global relevance. 👇👆@IVP@ValiantCP@MenloVentures @ProbeCap @ThriveCapital@insightpartners
— Paramendra Kumar Bhagat (@paramendra) May 4, 2026
At the center is a bold 10-year roadmap—the Grand Solara Vision—showing how a Silicon Valley-style private startup can scale from an initial Phase 1 deployment to multi-gigawatt AI campuses and ultimately trillion-dollar valuation territory. 👆👇
— Paramendra Kumar Bhagat (@paramendra) May 4, 2026
— Paramendra Kumar Bhagat (@paramendra) May 4, 2026
...... and 10% to a foundation that funds direct cash transfers to Nepal’s poorest citizens—ensuring poverty reduction is structurally built into the business. 👆👇 @CanvasVentures @XSeed_Capital @CRV @FlybridgeVC @MercuryFund@ShastaVentures
— Paramendra Kumar Bhagat (@paramendra) May 4, 2026
The book details the infrastructure stack required—modular data center campuses, advanced cooling, fiber connectivity, colocation, sovereign AI zones, and Compute-as-a-Service platforms— 👆👇👇@BullpenCapital @SusaVC @uncorkcapital @CrosscutVC@NextViewVC @DivcoWest
— Paramendra Kumar Bhagat (@paramendra) May 4, 2026
It outlines a capital strategy moving from early venture funding to project finance, sovereign wealth capital, and public markets, enabling massive scale without destructive dilution. 👇👆 @TenayaCapital @FPrimeCapital@InterWest@TAVenturesVC@500Latam @Newfundcapital
— Paramendra Kumar Bhagat (@paramendra) May 4, 2026
It concludes with a moral call to action—Nepal can end poverty and achieve national transformation not through aid or incrementalism, but through bold execution, meritocracy, diaspora-driven brain gain, and building the AI engine of the future. 👇👆
— Paramendra Kumar Bhagat (@paramendra) May 4, 2026
Appendix C: Raising 100M At A 1B Valuation: Born A Unicorn
Himalayan Compute Seed/Series A: $100M Raise at $1B Pre-Money Valuation Deal Structure Notes (per your description):
a16z invests $100M for ~3% post-money ownership (implying ~$3.23B post-money; adjust exact % for standard math if needed).
Anti-dilution protection (likely weighted-average or full ratchet variant) as the premium for taking a smaller stake.
This aligns incentives: At $1T valuation, their stake is worth ~$30B (300x return). Strong motivation for a16z to provide ongoing support, intros, and governance.
This $100M is not for building massive capacity—it is rocket fuel for de-risking the entire 10-year trillion-dollar journey. Think of it as the Apollo program’s early R&D and prototype phase: secure the “launch site” (Nepal enablers), prove technical and commercial viability, and set up the assembly line for exponential scaling. The goal is to reach $10B–$50B+ valuation by the end of this capital (or shortly after) via milestones that unlock larger rounds, project finance, and anchor contracts. High-Level Allocation of the $100M (18–24 Month Runway Target)1. Policy, Legal & Government Partnership (20% – $20M) Critical for Nepal-specific moats and speed.
$8–10M: One Desk Policy execution support (dedicated team in PMO, legal frameworks, lobbying, stakeholder alignment with Balen government and ministries). Secure 10% gov equity agreement and fast-track mechanisms for land, permits, power, fiber, visas, environmental clearances, and Special Economic Zone (SEZ) status.
$5M: Legal structuring (US/Delaware corp, Nepal subsidiary, contracts, IP, tax optimization, foundation setup for 10% poverty shares).
$3–5M: Policy advocacy, international agreements (US/India/Gulf alignment for sovereign compute), and risk mitigation (political insurance, stability pacts). Outcome: Irreversible regulatory moat. Without this, nothing else scales. Turns bureaucracy from blocker to accelerator.
2. Power, Land & Site Development (25% – $25M) Foundational infrastructure.
$10–12M: Hydropower PPA negotiations and commitments (target initial 50–200 MW secured or optioned; partnerships with Nepal Electricity Authority and private producers). Include transmission upgrades.
$8M: Land acquisition/banking (multiple sites near hydro substations; environmental surveys, zoning). Aim for 100–500+ acres pre-permitted.
$5M: Initial site development (geotech, basic infrastructure, security perimeters). Outcome: Locked-in low-cost renewable power (core cost advantage) and shovel-ready sites. This de-risks future multi-GW expansion.
3. Technical Infrastructure & Phase 1 Deployment (20% – $20M) Build a credible flagship to prove the model.
$10–12M: Phase 1 cluster (10–50 MW initial buildout): modular containers, liquid/immersion cooling, basic networking, security. Focus on GPU/accelerator-ready design (partner with NVIDIA ecosystem or alternatives).
$5M: Fiber connectivity (deals with providers for low-latency links to India and global routes; redundancy).
$3M: Pilots, testing, and initial colocation/CaaS platform MVP. Outcome: Operational revenue (even small $5–20M ARR run-rate) and proof-of-concept for customers. Demonstrates execution to unlock bigger capital.
4. Talent, Team & Operations (15% – $15M) Merit-based global + diaspora team.
$8M: Core leadership and engineering hires (Founder/CEO support, CTO, Head of Power, Head of Sales, Nepal GM, policy lead). Competitive packages with equity.
$4M: Nepal AI Infrastructure Academy (initial training programs for technicians, engineers; partnerships with universities).
$3M: Operations setup (offices in SF/Kathmandu, tools, compliance, cybersecurity). Outcome: World-class team that attracts diaspora returnees and global talent. Builds internal execution engine.
$5M: Business development and sales (target 1–3 flagship anchors: US AI labs, Indian enterprises, Gulf sovereigns). Travel, demos, contract negotiations.
$3M: Marketing/branding (position as “trusted green compute hub”; Silicon Valley presence).
$2M: Early partnerships (NVIDIA/AMD supply, cooling tech, hyperscaler hybrid). Outcome: Signed LOIs or contracts worth tens of millions ARR, validating demand and de-risking future raises.
Working capital and unforeseen delays (common in infra projects).
Total: $100M. Runway designed for 18–24 months with aggressive milestones, assuming some early revenue offsets burn.How This $100M Unlocks the Trillion-Dollar RoadmapThis capital gets you to proof-of-viability, not full scale. It creates a flywheel:
Milestones by End of $100M (Target 2027–2028):
One Desk Policy operational.
50–200+ MW power/land secured.
Phase 1 (10–50 MW) live with first paying customers.
$10–50M ARR run-rate or strong pipeline.
Strong team and academy pipeline.
Valuation inflection to $5B–$20B+ for next round (Series B/project finance).
Subsequent Capital Layers (Post-$100M):
Series B / Growth Equity ($200–500M+): Expand to hundreds of MW.
Strategic rounds: Gulf sovereigns, Indian conglomerates, US defense-tech.
By Year 5–10: Massive capacity (GW → tens of GW) via retained earnings + infrastructure capital markets. Reaches the 120 GW-scale scenario in prior projections through compounding execution.
Risk Mitigation & Moon-Shot Discipline:
Unlike typical Silicon Valley “spray and pray,” this is disciplined infra execution: every dollar builds permanent moats (power, land, policy, contracts).
Quarterly milestones tied to board oversight (a16z involvement helps).
Anti-dilution protects early investors while founder control remains high initially.
Foundation and gov equity ensure national alignment, reducing political risk.
Path to $1T: The $100M buys the “permission to scale” in Nepal and the first commercial proof. Combined with exploding AI demand, hydropower advantage, and geopolitical tailwinds, it positions Himalayan Compute as the default Indo-Pacific compute hub. Subsequent capital efficiency (project finance) + high-margin recurring revenue + ecosystem effects (new industries in Nepal) drive the exponential growth to trillions in valuation. This allocation is front-loaded on unblockers (policy + power) because they are the biggest risks and highest-leverage uses of early capital. Technical build and sales follow once foundations are set. Adjust percentages based on precise negotiations (e.g., more/less on Phase 1 depending on partner contributions). This is the credible first step on the road to the moon. Execution speed and policy wins in the first 12 months will determine everything. Ready to refine with term sheet details or scenario modeling. Himalayan Compute: Grand Solara Vision
