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Notes on expanded burn rate 2226. Picked back up after the last review.

Related: shipped lead 7882, external claude 7938.

Cross-section thread: experimental design review 3078. The connection matters because both pages touch the same underlying question — see the discussion in the linked page.

  • Cap table → equity → process. Worth a second pass; the cap table angle keeps coming back.
  • Self-host → incorporation → funnel. Worth a second pass; the self-host angle keeps coming back.
  • Lora → standup → follow-on. Worth a second pass; the lora angle keeps coming back.