Sarissa Capital · activist-deck
Sarissa Capital | Activist Presentation Deck | 95 slides
95 pages · 5 arc beats · 4 loops
Sarissa Capital | Activist Presentation Deck | 95 slides
Sarissa Capital · 2023-06 arc beats above · slides in the middle · loops below · scroll → 4 LOOPS
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Deck intelligence map
5 coverage by narrative range · generated from this deck JSON
Narrative range 155 total
Metadata
Components
Metrics
Tools
Frameworks
Beats
Loops
Problem Statement 1 slides 100% 1/1 slides 100% 1/1 slides · 2 hits — 0/1 slides
100% 1/1 slides 100% 1/1 slides 100% 1/1 slides — 0/1 slides
Expose Contradiction 74 slides 100% 74/74 slides 100% 74/74 slides · 329 hits — 0/74 slides
9.5% 7/74 slides · 8 hits 79.7% 59/74 slides 100% 74/74 slides · 131 hits 56.8% 42/74 slides Villain Critique 57 slides 100% 57/57 slides 100% 57/57 slides · 256 hits — 0/57 slides
3.5% 2/57 slides 78.9% 45/57 slides 100% 57/57 slides · 114 hits 45.6% 26/57 slides Propose Solution 13 slides 100% 13/13 slides 100% 13/13 slides · 53 hits — 0/13 slides
23.1% 3/13 slides 53.8% 7/13 slides 100% 13/13 slides · 18 hits — 0/13 slides
Closing Ask 10 slides 100% 10/10 slides 100% 10/10 slides · 46 hits — 0/10 slides
50% 5/10 slides 30% 3/10 slides 100% 10/10 slides · 15 hits — 0/10 slides
Slide inventory
95 every slide · same image gating as the playbook
03
The slide uses a 2x2 grid layout to illustrate the lack of focus or scale in the company's business units.diagnose_problem
Open slide detailBeat · Problem Statement
04
The slide uses a waterfall-style bridge to visualize the components of value (Net Cash, Commercial Franchise, Royalties, Manufacturing, Prudent R&D Spend) that show_valuation_bridge
06
The slide uses a series of company logos and acquisition metrics to establish credibility.cite_precedent
08
Uses a visual metaphor of a gap/chasm between the two parties.expose_contradiction
09
Includes branding elements (Sarissa Capital logo and Spartan icon).closing_ask
11
The slide uses a visual bridge to emphasize the delta between the two indices.compare_peers
12
The slide uses a visual gap analysis to emphasize the underperformance of ALKS relative to its peers.compare_peers
13
The chart uses a visual bridge to emphasize the performance delta between the indices and ALKS.compare_peers
14
Uses a visual metaphor (roller coaster) to imply volatility and cyclical failure.expose_contradiction
15
Uses a dual-chart layout to highlight the divergence between operational success and market valuation.expose_contradiction
16
Uses visual framing (dashed boxes) to contrast revenue scale vs loss scale.expose_contradiction
17
The slide uses a satirical tone to frame the company's financial performance as incompetent.expose_contradiction
18
Uses a vivid analogy to frame capital allocation as wasteful.name_villain
19
Uses a visual metaphor of predator/prey to emphasize the disparity between expenses and revenue.expose_contradiction
20
The illustration uses a metaphor of Spartan-like figures guarding a treasure chest, likely representing the activist's role in protecting shareholder capital.state_demand
22
Uses a cartoon character to mock the company's financial performance.expose_contradiction
Open slide detailBeat · Expose Contradiction
23
Uses a 'House That Pops Built' illustration to visually represent the company as unstable or poorly constructed.name_villain
Open slide detailBeat · Expose Contradiction
24
The table highlights the financial dependency on specific royalty streams and their respective patent cliffs.analyze_data
Open slide detailBeat · Expose Contradiction
25
Uses a cartoon illustration to emphasize the 'easy money' narrative.quantify_opportunity
Open slide detailBeat · Expose Contradiction
26
The slide argues that royalty revenue is essentially pure profit, contrasting it with the company's overall spending.expose_contradiction
Open slide detailBeat · Expose Contradiction
28
The chart uses a red arrow to visually emphasize the growth trend.analyze_data
Open slide detailBeat · Expose Contradiction
29
The slide uses a callout to explain why the S&M percentage is calculated against commercial revenues rather than total revenues.expose_contradiction
Open slide detailBeat · Expose Contradiction
30
Uses a map-based visual to represent the scale of the target population relative to the company's reach.size_opportunity
31
The chart uses red arrows to emphasize the valuation gap between Alkermes and larger peers.compare_peers
32
Uses a visual metaphor of paper bags containing pills to represent sales force efficiency.name_villain
33
Uses red underlining to highlight key phrases in quotes; uses a callout box to synthesize the contradiction.expose_contradiction
34
The slide uses a contrast between the physical assets (facilities) and the implied poor performance/uncertainty of the manufacturing business unit.expose_contradiction
35
Uses a two-column layout to present evidence of operational failure.expose_contradiction
36
The slide uses a red dashed box to highlight the stagnation of revenue levels over the 5-year period.diagnose_problem
Open slide detailBeat · Expose Contradiction
37
Uses a seesaw visual metaphor to illustrate the imbalance between costs and revenue.diagnose_problem
Open slide detailBeat · Expose Contradiction
38
Uses a visual metaphor of transferring a factory icon to a larger cluster of factories to represent value unlocking.propose_solution
Open slide detailBeat · Expose Contradiction
39
The slide uses a cartoon of Einstein to sarcastically frame the company's R&D strategy as incompetent.expose_contradiction
Open slide detailBeat · Expose Contradiction
40
The chart uses a stacked bar format where the bottom segment represents R&D and the top represents the remainder of revenue, with percentages labeled.name_villain
Open slide detailBeat · Expose Contradiction
41
The slide uses a callout bracket to summarize total spend, framing the investment as a negative outcome for shareholders.name_villain
Open slide detailBeat · Expose Contradiction
42
Uses a callout box to interpret the press release text.expose_contradiction
Open slide detailBeat · Expose Contradiction
43
The caricature depicts the CEO wearing a crown, implying arrogance or wastefulness.name_villain
Open slide detailBeat · Expose Contradiction
44
Uses red dashed boxes and stamps to visually indicate program status (discontinued/spun out).expose_contradiction
Open slide detailBeat · Expose Contradiction
45
Uses a visual metaphor of burning money to represent the failed acquisition value.expose_contradiction
Open slide detailBeat · Expose Contradiction
46
Uses a cartoon character to mock management's spending habits.name_villain
Open slide detailBeat · Expose Contradiction
48
The slide uses a sarcastic annotation about the Soviet Union to highlight the long tenure of the CEO.expose_contradiction
49
Uses a famous literary parable to illustrate the 'fish in water' cognitive bias, implying the CEO is oblivious to the environment they created.name_villain
50
Uses a causal-chain/contrast structure to highlight management failure.expose_contradiction
51
Uses callout boxes to highlight the contradiction between two public statements.expose_contradiction
52
Uses a 'villain' framing technique to highlight management inconsistency.expose_contradiction
53
Uses a red arrow to visually connect the timeline of quotes to the summary callout.expose_contradiction
54
Uses a 'Press for change' button metaphor to signal urgency.name_villain
55
The slide uses a large red-bordered callout box to overlay a rhetorical question onto a standard corporate proxy disclosure table.expose_contradiction
56
Uses a caricature of the CEO with a crown to emphasize the 'pads his pockets' narrative.expose_contradiction
57
Uses a bathtub metaphor to illustrate capital extraction.expose_contradiction
58
The slide uses a red dashed box to highlight specific concerns regarding the CEO's conduct.name_villain
59
Uses a visual overlay (arrow) to imply a negative trend or contrast between the CEO's public image and the stock performance.expose_contradiction
61
Uses icons to represent the three points: a headshot for the CEO, a table for the board, and scales for governance.name_villain
Open slide detailBeat · Expose Contradiction
62
Uses a screenshot of a press release to frame the board's action as a reactive, insufficient measure.expose_contradiction
Open slide detailBeat · Expose Contradiction
63
Uses callouts to point out specific accounting adjustments in a press release excerpt.expose_contradiction
Open slide detailBeat · Expose Contradiction
64
Uses a viral Twitter meme by Brian Feroldi to critique financial reporting practices.expose_contradiction
Open slide detailBeat · Expose Contradiction
65
Includes a meme to emphasize the criticism of the delayed timeline.expose_contradiction
Open slide detailBeat · Expose Contradiction
66
Uses a visual metaphor of a Spartan warrior (Sarissa) and a crowned CEO (Pops) to depict the power dynamic.expose_contradiction
Open slide detailBeat · Expose Contradiction
67
The slide uses a timeline to contrast the CEO-centric communication channel with the eventual need for public pressure to reach independent directors.expose_contradiction
Open slide detailBeat · Expose Contradiction
68
Uses a cartoon metaphor to frame the board's refusal to engage as willful blindness.expose_contradiction
Open slide detailBeat · Expose Contradiction
69
Uses a cartoon illustration to characterize the board as willfully ignorant or resistant.name_villain
Open slide detailBeat · Expose Contradiction
70
Uses a contrast-based argument to frame the board's decision as irrational or detrimental to shareholder value.expose_contradiction
71
Uses a press release excerpt as a case study for corporate restructuring.cite_precedent
72
The slide uses a 'VS' comparison frame to highlight conflicting accounts of the same date (March 2, 2022).expose_contradiction
73
Includes a visual metaphor of a food cart referencing the 'bring their own food' joke in the email.expose_contradiction
74
Uses a cartoon illustration of a handshake to emphasize the failed attempt at a deal.expose_contradiction
75
Uses a pyramid metaphor where the CEO is at the top and directors are at the base; includes a caricature of the CEO with a crown.name_villain
76
Uses a cartoon metaphor to frame the board as exclusionary and hostile to a major shareholder.expose_contradiction
Open slide detailBeat · Expose Contradiction
77
The slide uses a narrative structure to frame the company's refusal as unreasonable given Sarissa's past cooperation.expose_contradiction
Open slide detailBeat · Expose Contradiction
78
Slide displays headshots and company logos for three nominees: Alex Denner, Patrice Bonfiglio, and Sarah Schlesinger.introduce_nominees
Open slide detailBeat · Propose Solution
82
The slide uses a 'magic hat' visual to frame the company's anticipated argument as a trick or fabrication.preempt_rebuttal
Open slide detailBeat · Propose Solution
83
Uses email screenshots as primary evidence of corporate governance contradictions.expose_contradiction
Open slide detailBeat · Propose Solution
84
Uses a cartoon character and a checkmark icon to illustrate the inconsistency in the board's logic.expose_contradiction
Open slide detailBeat · Propose Solution
86
The slide uses a sarcastic annotation about the Soviet Union to emphasize the length of the CEO's tenure since 1991.closing_ask
Open slide detailBeat · Propose Solution
87
Uses a press release excerpt to expose a contradiction between the nominee's background and the company's current strategic direction.name_villain
Open slide detailBeat · Propose Solution
88
Uses a red box to highlight the call to action and a yellow box for the concluding argument.closing_ask
Open slide detailBeat · Propose Solution
90
Includes specific voting instructions for nominees, compensation, and other proposals.state_next_steps
Open slide detailBeat · Propose Solution