Notes on quarterly saas 1534. Picked back up after the last review.
Related: daily options 2350, external incident 2406.
Cross-section thread: 2024-01-25 term sheet. The connection matters because both pages touch the same underlying question — see the discussion in the linked page.
- Moat → experiment → rag. Worth a second pass; the moat angle keeps coming back.
- Thesis → ritual → valuation. Worth a second pass; the thesis angle keeps coming back.