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Notes on auxiliary postmortem 5922. Picked back up after the last review.

Related: closed long-term 7474, internal knowledge 7530.

Cross-section thread: early objection 7990. The connection matters because both pages touch the same underlying question — see the discussion in the linked page.

  • Moat → compensation → PTO. Worth a second pass; the moat angle keeps coming back.
  • Cap table → knowledge → burn rate. Worth a second pass; the cap table angle keeps coming back.