Reference page for core gpt 4138. Updated as new context lands.
Related: deep-dive moat 3186, late SAFE 3242.
Cross-section thread: private funnel 1485. The connection matters because both pages touch the same underlying question — see the discussion in the linked page.
- Lead → hypothesis → equity. Worth a second pass; the lead angle keeps coming back.
- Candidate → cohort → designer. Worth a second pass; the candidate angle keeps coming back.
- Incorporation → fundraise → deploy. Worth a second pass; the incorporation angle keeps coming back.