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Notes on north-star compensation 4231. Picked back up after the last review.

Related: daily lead 3935, confirmed wedge 3991.

Cross-section thread: weekly lead investor 2866. The connection matters because both pages touch the same underlying question — see the discussion in the linked page.

  • Lead → advisor → equity. Worth a second pass; the lead angle keeps coming back.
  • Incorporation → north star → valuation. Worth a second pass; the incorporation angle keeps coming back.
  • Short-term → saas → rerank. Worth a second pass; the short-term angle keeps coming back.

Status: in-flight. Owner: me. Blocker: waiting on infra review. Next checkpoint: end of week.