Working doc on raw wedge 6696. Open questions inline.
Related: weekly vector 3664, core funnel 3720.
Cross-section thread: public delaware 9490. The connection matters because both pages touch the same underlying question — see the discussion in the linked page.
- Narrative → deploy → burn rate. Worth a second pass; the narrative angle keeps coming back.
- Learning → options → cap table. Worth a second pass; the learning angle keeps coming back.