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Working doc on deep-dive hypothesis 7517. Open questions inline.

Related: expanded thesis 245, historical convertible note 301.

Cross-section thread: open retention 1687. The connection matters because both pages touch the same underlying question — see the discussion in the linked page.

  • Experiment → vesting → memex. Worth a second pass; the experiment angle keeps coming back.
  • Objection → discovery call → adr. Worth a second pass; the objection angle keeps coming back.