# POSTMORTEM — {{venture name}}

> One file per killed venture, in `POSTMORTEMS/`. Mandatory before the sunset is complete — a venture is not dead until its postmortem is written. The audience is a successor deciding whether to try something similar.

## The registration

Quote the original kill-criteria block from DECISIONS.md verbatim, including the decision number:

```
VENTURE: …
LAUNCH: …
TARGET METRIC: …
THRESHOLD: …
DEADLINE: …
```

## The outcome

- Final metric value vs. threshold: {{numbers}}
- Total spent: {{amount}} (ledger refs)
- Total collected: {{amount}}
- Human minutes consumed (from INTERVENTIONS.md): {{n}}

## What the bet actually was

{{One paragraph. Not what the launch decision said — what, with hindsight, you were really betting on. These differ more often than is comfortable.}}

## Why it died

{{The honest causal story. Distinguish: the thesis was wrong · the execution was wrong · the market moved · we never reached the test. Only one of these is usually true.}}

## What was right

{{Even dead ventures validate things: a channel that converted, a tool that worked, a price point that didn't scare anyone. List what a successor should salvage.}}

## What would have to be different to try again

{{The specific conditions — not "more time and money." If nothing would make it work, say so.}}

## Kill-criteria review

{{Did the pre-registered criteria fire correctly? Too early, too late, wrong metric? This feedback loop is how the §7 template gets better.}}