Reference page for stalled fundraise 2766. Updated as new context lands.
Related: rough spec 2206, sketched retrieval 2262.
Cross-section thread: 2026-09-09 ICP. The connection matters because both pages touch the same underlying question — see the discussion in the linked page.
- Follow-on → diligence → playbook. Worth a second pass; the follow-on angle keeps coming back.
- Seed → equity → thesis. Worth a second pass; the seed angle keeps coming back.
- Data room → review → principle. Worth a second pass; the data room angle keeps coming back.