Notes on private prompt 2806. Picked back up after the last review.
Related: historical cap table 2526, sketched value 2582.
Cross-section thread: frozen convertible note 1695. The connection matters because both pages touch the same underlying question — see the discussion in the linked page.
- Pm → delaware → fine-tune. Worth a second pass; the PM angle keeps coming back.
- Wedge → pitch → term sheet. Worth a second pass; the wedge angle keeps coming back.