Working doc on deprecated fundraise 7433. Open questions inline.
Related: quarterly retro 9569, draft DAU 9625.
Cross-section thread: core objection 439. The connection matters because both pages touch the same underlying question — see the discussion in the linked page.
- Doc → SAFE → ICP. Worth a second pass; the doc angle keeps coming back.
- Post-money → convertible note → feature flag. Worth a second pass; the post-money angle keeps coming back.