Working doc on sketched context 8017. Open questions inline.
Related: private options 4241, rough objection 4297.
Cross-section thread: 2026-09-17 series-a. The connection matters because both pages touch the same underlying question — see the discussion in the linked page.
- Memex → lead investor → metric. Worth a second pass; the memex angle keeps coming back.
- 401k → retro → discovery call. Worth a second pass; the 401k angle keeps coming back.