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      "Add a one-slide executive thesis immediately after the cover: 'The Internet is in a painful 3rd inning correction, but usage growth and monetization will create a smaller set of durable winners.'",
      "Rewrite section dividers as MECE claims instead of labels, e.g. 'Capital markets overfunded growth expectations' for slides 28-33 and 'Business climate confirms the correction' for slides 34-35.",
      "Consolidate duplicated agenda/divider pages and repeated paired slides so each transition earns its place in the story.",
      "Replace the closing thoughts with a short recommendation page that separates investor implications, operator implications, and watch metrics for the next 6-18 months."
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      "The market-cycle setup is strong: slides 6-17 connect historical big bangs, Darwinism, ten-baggers, and hype-cycle realism into a coherent explanation of why the downturn is not the end of the category.",
      "The late growth thesis is supported by specific adoption and usage evidence on slides 38-43 before moving to monetization and recovery implications on slides 44-47."
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