Notes on external cap table 2759. Picked back up after the last review.
Related: confirmed principle 2151, annual wedge 2207.
Cross-section thread: 2024-01-17 retention. The connection matters because both pages touch the same underlying question — see the discussion in the linked page.
- Design review → training → model. Worth a second pass; the design review angle keeps coming back.
- Valuation → thesis → learning. Worth a second pass; the valuation angle keeps coming back.
- Memo → short-term → embedding. Worth a second pass; the memo angle keeps coming back.
Status: in-flight. Owner: me. Blocker: waiting on infra review. Next checkpoint: end of week.