Salesforce, Inc. (CRM)

Starboard Value · 2024-10
arc beats above · slides in the middle · loops below · scroll → 2 LOOPS
SETUP TENSION ANALYSIS EVIDENCE RESOLUTION APPENDIX
HOVER FOR DETAILS · CLICK A SLIDE FOR FULLSCREEN · STEP 1
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Deck intelligence map

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coverage by narrative range · generated from this deck JSON

Slide inventory

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every slide · same image gating as the playbook
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Slide 1
front_matter
03
The slide uses a 'callback' technique to link current investment opportunities to past analysis.cite_precedent
Open slide detailBeat · Situation & Context
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The chart uses a 'Rule of 50' benchmark (Revenue Growth + Adj. Operating Margin).expose_gap
Open slide detailBeat · Situation & ContextLoop · Pattern Hunter
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The chart compares actual historical performance against prior consensus estimates to demonstrate margin outperformance.analyze_data
Open slide detailBeat · Problem & ComplicationLoop · Pattern Hunter
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The chart highlights the 'Rule of 50' metric, showing CRM's improvement compared to a prior period.compare_peers
Open slide detailBeat · Evidence & ProofLoop · Pattern Hunter
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The slide uses a stock performance chart to validate the thesis that strategic changes have driven shareholder value.analyze_data
Open slide detailBeat · Evidence & Proof
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The chart uses a broken axis for the higher multiples (ORCL, NOW).compare_peers
Open slide detailBeat · Evidence & ProofLoop · Cost Of Inaction
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The slide uses a central hub-and-spoke diagram to illustrate the Salesforce platform architecture.present_solution
Open slide detailBeat · Solution & ApproachLoop · Cost Of Inaction
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Uses waterfall-style bridge charts to show historical improvement and remaining gap to peer median.expose_gap
Open slide detailBeat · Solution & ApproachLoop · Cost Of Inaction
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The slide uses a 'Rule of 50' framework (Growth % + Margin %) to argue for operational improvements.propose_solution
Open slide detailBeat · Solution & Approach
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The chart uses a 'Rule of 50' framework, which is a common SaaS performance benchmark. It includes a 'PF CRM' (Pro Forma) bar to illustrate the target.compare_peers
Open slide detailBeat · Impact & Next Steps
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The slide uses a 'Rule of 50' framework to justify a lower forward valuation multiple for Salesforce.compare_peers
Open slide detailBeat · Impact & Next Steps
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Includes the company logo and website URL.front_matter
Open slide detailBeat · Impact & Next Steps