R.M. Green described structural properties that "doubly infinite" colored posets should possess so that they can be used to construct representations of most affine Kac-Moody algebras. These representations are analogs of the minuscule representations of the semisimple Lie algebras, and his posets ("full heaps") are analogs of the finite minuscule posets. Here only simply laced Kac-Moody algebras are considered. Working with their derived subalgebras, we provide a converse to Green's theorem. Smaller collections of colored structural properties are also shown to be necessary and sufficient for such posetbuilt representations to be produced for smaller subalgebras, especially the "Borel derived" subalgebra. These developments lead to the formulation of unified definitions of finite and infinite colored minuscule and d-complete posets. This paper launches a program that seeks to extend the notion of "minuscule representation" to Kac-Moody algebras, and to classify such representations.