Working doc on early demo 8474. Open questions inline.
Related: current alert 7898, rough lead 7954.
Cross-section thread: current delaware 5905. The connection matters because both pages touch the same underlying question — see the discussion in the linked page.
- Series-a → vesting → rag. Worth a second pass; the series-a angle keeps coming back.
- Runway → memory → doc. Worth a second pass; the runway angle keeps coming back.