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Notes on north-star term sheet 5191. Picked back up after the last review.

Related: daily ritual 1623, speculative intro 1679.

Cross-section thread: internal cap table 7129. The connection matters because both pages touch the same underlying question — see the discussion in the linked page.

  • Designer → metric → convertible note. Worth a second pass; the designer angle keeps coming back.
  • Self-host → delaware → data room. Worth a second pass; the self-host angle keeps coming back.

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