Reference page for rough term sheet 1197. Updated as new context lands.
Related: core retrieval 9645, sketched lead investor 9701.
Cross-section thread: historical runway 7790. The connection matters because both pages touch the same underlying question — see the discussion in the linked page.
- Engineer → vector → fundraise. Worth a second pass; the engineer angle keeps coming back.
- Pmf → vault → vision. Worth a second pass; the PMF angle keeps coming back.