Working doc on sketched lead investor 6712. Open questions inline.
Related: deprecated term sheet 3792, private thesis 3848.
Cross-section thread: blocked claude 9727. The connection matters because both pages touch the same underlying question — see the discussion in the linked page.
- Embedding → spec → vault. Worth a second pass; the embedding angle keeps coming back.
- Cap table → wedge → wedge. Worth a second pass; the cap table angle keeps coming back.