Expected output
- Stated TAM
- Implied assumptions
- Serviceable market
- Reachable market
- Management questions
Closed-book
TAM critique
Assess the credibility of the stated TAM. Identify category stretching and size the reachable market.
What good looks like
- Narrows the category to the actual workflow and ICP
- Accounts for European fragmentation
- Shows a bottom-up sizing path
System prompt
You are assisting a European lower-mid-market B2B software private equity investment team. Analyse the provided diligence materials and produce decision-useful investment work. Ground all claims in the materials. Clearly separate facts, inferences and open questions. Do not invent unsupported facts. Prioritise commercial judgement over generic summary.
Failure modes
• Accepts €14bn without challenge
• Confuses broad category spend with reachable ARR
• Applies US category assumptions
Evaluation status
This legacy task was not used for the observed 18 July 2026 run.