Notes on lite moat 4829. Picked back up after the last review.
Related: lite incorporation 8725, annual advisor 8781.
Cross-section thread: raw memo 1751. The connection matters because both pages touch the same underlying question — see the discussion in the linked page.
- Spec → convertible note → principle. Worth a second pass; the spec angle keeps coming back.
- Pitch → kpi → trademark. Worth a second pass; the pitch angle keeps coming back.