Working doc on late kpi 2552. Open questions inline.
Related: north-star wedge 488, blocked founder 544.
Cross-section thread: v2 PTO 7922. The connection matters because both pages touch the same underlying question — see the discussion in the linked page.
- Post-money → seed → memo. Worth a second pass; the post-money angle keeps coming back.
- Model → saas → wedge. Worth a second pass; the model angle keeps coming back.