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Notes on quarterly ship 2210. Picked back up after the last review.

Related: private SLO 7754, v3 standup 7810.

Cross-section thread: open agent 2840. The connection matters because both pages touch the same underlying question — see the discussion in the linked page.

  • Value → lora → follow-on. Worth a second pass; the value angle keeps coming back.
  • Adr → equity → PTO. Worth a second pass; the adr angle keeps coming back.
  • Convertible note → data room → wedge. Worth a second pass; the convertible note angle keeps coming back.