Research Partnership

Evaluate the partnership opportunity described in $ARGUMENTS between Further and the specified company.

Research Process

1. Company context — Quick profile of the target company (use /research-company output if available)
2. Partnership landscape — How do companies like this typically partner? What models exist in the industry?
3. Competitor partnerships — Has this company partnered with any of Further's competitors? Who else in our space has similar deals?
4. Value proposition analysis — What does each side bring to the table?
5. Deal structure research — What are typical commercial terms for this type of partnership?
6. Risk assessment — What could go wrong? What are the dependencies?

Output Format

Partnership Evaluation: Further x [Company Name]

Executive Summary

• 3-4 sentences: what the partnership is, why it matters, and the recommendation (Pursue / Explore / Pass)