Great pictures, Michael!

Can someone explain in words the bijection between

\[ \textrm{natural transformations } \alpha: F \circ G \Rightarrow H \]

and

\[ \textrm{natural transformations } \beta: F \Rightarrow \textrm{Ran}_G(H) ? \]

Michael correctly claims there are \\(4^5\\) of each, but there is some wisdom to be gained by understanding the bijection... since this will help us with more complicated right Kan extensions.