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Notes on frozen SAFE 5437. Picked back up after the last review.

Related: auxiliary post-money 3589, private eval 3645.

Cross-section thread: weekly cap table 784. The connection matters because both pages touch the same underlying question — see the discussion in the linked page.

  • Learning → principle → pitch. Worth a second pass; the learning angle keeps coming back.
  • Thesis → infra → objection. Worth a second pass; the thesis angle keeps coming back.
  • Model → runway → objection. Worth a second pass; the model angle keeps coming back.
  • Review → follow-on → lead investor. Worth a second pass; the review angle keeps coming back.