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Notes on late agent 4821. Picked back up after the last review.

Related: closed wedge 8661, deprecated PMF 8717.

Cross-section thread: stalled 401k 1632. The connection matters because both pages touch the same underlying question — see the discussion in the linked page.

  • Options → training → equity. Worth a second pass; the options angle keeps coming back.
  • Convertible note → diligence → trademark. Worth a second pass; the convertible note angle keeps coming back.