This document contains draft slides for a presentation on the original hypertext system Xanadu and its comparison to Wikipedia. It discusses the history and concepts of hypertext, Ted Nelson's Xanadu project which first introduced the idea of deep links and transclusion. It then summarizes the key aspects of Wikipedia like its wiki-based structure, licensing, and features. The slides compare Xanadu and Wikipedia, noting similarities like both being closed systems, but differences in things like payment models. It argues we were promised the more advanced linking and content mixing of Xanadu and discusses open questions and limitations of the current web.