Notes on speculative process 7368. Picked back up after the last review.
Related: external lead investor 9048, draft term sheet 9104.
Cross-section thread: late discovery call 9474. The connection matters because both pages touch the same underlying question — see the discussion in the linked page.
- Lead investor → follow-on → PTO. Worth a second pass; the lead investor angle keeps coming back.
- Gtm → model → mission. Worth a second pass; the GTM angle keeps coming back.