High load in the day during sunlight is mostly true for summer heat, but in the winter you have cold evenings which requires base load or storage, combined with solar angle/efficiency being worse in the winter.
It is most likely AI generated with a nice "Raised $50B" hallucination and filled with cliches ("thrown down the gauntlet", "mountain you don’t climb just once", "not for the faint of heart").
Regulatory compliance like Sarbanes Oxley is another huge factor. And VC's having large capital pools make it easy for companies to stay private vastly longer without needing to raise funding from the public.
It's very unfortunate for the public markets, as basic only VC's and PE get access to high growth young companies. Now most of the growth is squeezed out by the VC's and the public gets just the tail end of mature companies.