Glossary
Claim Ledger
The pitch deck, one row per claim. Each row is checked against the connected systems and the data-room evidence once they arrive, and each row ends up confirmed, contradicted, or open. Open rows become the questions for the Company Call.
Why it matters
A pitch deck is a list of claims. The Claim Ledger makes that list explicit and gives every claim a status, so the deal team can see at a glance which parts of the story the systems support, which they contradict, and which nobody has been able to check yet. It is the spine of the diagnostic: the cross-check, the Company Call and the Evidence Appendix all hang off it.
How Zoe reads it
Each row starts open. When the company's systems connect, Said vs True runs against the rows it can reach and marks them confirmed or contradicted. Data-room evidence can close more. Whatever stays open becomes a question for the Company Call, and the scored answer is recorded on the row. The finished ledger ships in the Deal Package.
Related terms
From term to finding
Ask to see the language inside a Deal Package.
A finished example shows how operating signals become scored findings for the IC.