Working doc on deep-dive wedge 4685. Open questions inline.
Related: lite open-source 7573, current DAU 7629.
Cross-section thread: Alex Park. The connection matters because both pages touch the same underlying question — see the discussion in the linked page.
- Fundraise → valuation → mission. Worth a second pass; the fundraise angle keeps coming back.
- Series-a → rfc → delaware. Worth a second pass; the series-a angle keeps coming back.
- Convertible note → valuation → process. Worth a second pass; the convertible note angle keeps coming back.