{
  "kind": "tool",
  "value": "multiple-comparison",
  "collectionKey": "slides:tool:multiple-comparison:all-document-kinds:all-producers:all-orientations",
  "filters": {
    "documentKinds": [],
    "sourceTypes": [],
    "orientations": []
  },
  "total": 32,
  "page": 1,
  "pageSize": 24,
  "pageCount": 2,
  "rows": [
    {
      "docId": "019dd923-622c-750b-8b98-56362394aa64",
      "docSlug": "6dfd595fdfac",
      "documentTitle": "Ballard Power Systems (BLDP)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-01-25 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 8,
      "slideType": "valuation_table",
      "function": "show_valuation_bridge",
      "notes": "The slide uses historical valuation charts to argue that current multiples are at all-time highs, supporting a bearish thesis.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": "Capital structure and street valuation table",
      "slideHref": "/slides/019dd923-622c-750b-8b98-56362394aa64/8",
      "deckHref": "/decks/019dd923-622c-750b-8b98-56362394aa64",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-56362394aa64#slide-8",
      "loopMatches": [
        {
          "to": 10,
          "from": 7,
          "name": "Pattern Hunter",
          "slug": "02-pattern-hunter",
          "bestFor": "Time-pressed audiences, building consensus, when data is strong",
          "matchId": "41c5218b-adf5-43d4-8452-44e0de3ce56b",
          "evidence": "The document uses a pattern-hunting approach to identify concerns about Ballard's partnerships and business model.",
          "position": 0,
          "objective": "To identify patterns in Ballard's business model that may indicate a flawed investment opportunity.",
          "structure": "Evidence A -> Evidence B -> Evidence C -> Pattern/Conclusion",
          "confidence": 0.7,
          "description": "Group multiple pieces of evidence that together point to a pattern or conclusion"
        }
      ],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622b-71dc-a6dc-5545fa71721e",
      "docSlug": "852eb8103109",
      "documentTitle": "Time Warner Inc. (TWX)",
      "authorId": "14_Icahn",
      "authorName": "Lazard",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2006-02-01 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 301,
      "slideType": "valuation_table",
      "function": "summarize",
      "notes": "The slide explicitly dismisses precedent transactions due to lack of comparability.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": "Analyst valuations ranging from $13.7 - $21.7 billion",
      "slideHref": "/slides/019dd923-622b-71dc-a6dc-5545fa71721e/301",
      "deckHref": "/decks/019dd923-622b-71dc-a6dc-5545fa71721e",
      "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-5545fa71721e#slide-301",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019de06f-3105-7659-badc-d03fc4850c12",
      "docSlug": "2ec277514a41474f00af734acf0d62f8",
      "documentTitle": "Bear Stearns | Investment Banking Pitch Book | 80 slides",
      "authorId": "bear-stearns",
      "authorName": "Bear Stearns",
      "documentKindSlug": "consulting-deck",
      "documentKindLabel": "Consulting deck",
      "sourceTypeSlug": "investment_bank",
      "sourceTypeLabel": "Investment bank",
      "presentationDate": "2006-04-01 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.2938006,
      "pageNumber": 52,
      "slideType": "data_table",
      "function": "summarize",
      "notes": "The table includes a highlighted 'BSC REFERENCE RANGE' row.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": "Valuation summary table with columns for Valuation Method, Enterprise Value Range, Multiples",
      "slideHref": "/slides/019de06f-3105-7659-badc-d03fc4850c12/52",
      "deckHref": "/decks/019de06f-3105-7659-badc-d03fc4850c12",
      "deckAnchorHref": "/decks/019de06f-3105-7659-badc-d03fc4850c12#slide-52",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019de50e-9af1-73fb-b51c-b5d977e7aea8",
      "docSlug": "f72614474a6138eaf8e7b963f4b533d9",
      "documentTitle": "Centerview Partners | Investment Banking Pitch Book | 16 slides",
      "authorId": "centerview-partners",
      "authorName": "Centerview Partners",
      "documentKindSlug": "consulting-deck",
      "documentKindLabel": "Consulting deck",
      "sourceTypeSlug": "investment_bank",
      "sourceTypeLabel": "Investment bank",
      "presentationDate": "2013-05-01 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.294673,
      "pageNumber": 15,
      "slideType": "financial_analysis",
      "function": "analyze_data",
      "notes": "Includes sensitivity tables for two entities (SCC and MCC).",
      "imagePath": null,
      "matchCount": 1,
      "evidence": "SCC Implied Terminal Value Multiple sensitivity table",
      "slideHref": "/slides/019de50e-9af1-73fb-b51c-b5d977e7aea8/15",
      "deckHref": "/decks/019de50e-9af1-73fb-b51c-b5d977e7aea8",
      "deckAnchorHref": "/decks/019de50e-9af1-73fb-b51c-b5d977e7aea8#slide-15",
      "loopMatches": [
        {
          "to": 16,
          "from": 3,
          "name": "Logic Chain",
          "slug": "01-logic-chain",
          "bestFor": "Skeptical audiences, controversial recommendations, rigorous analysis",
          "matchId": "d6a92cb4-c535-4268-aaba-bec178d75147",
          "evidence": "The deck presents a clear logical flow from situation to solution.",
          "position": 0,
          "objective": "To logically connect the situation, evidence, and proposed solution.",
          "structure": "Premise 1 (Accepted truth) -> Premise 2 (Observed fact) -> Therefore... (Inevitable conclusion)",
          "confidence": 0.7,
          "description": "Build an airtight chain of logic where each premise leads inevitably to the conclusion"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 16,
          "from": 13,
          "beatId": "5732e8d3-5bbb-4c83-ab56-77d9bdef08c3",
          "arcName": "The Consultant's Gambit",
          "arcSlug": "consultants-gambit",
          "beatName": "Impact & Next Steps",
          "beatSlug": "consultants-gambit-impact-next-steps",
          "evidence": "The deck outlines the management plan, financial modeling, and DCF analysis to illustrate the potential impact.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": "Resolution",
          "parentBeatSlug": "resolution"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019de06f-282d-7350-a06d-bc456ac0913f",
      "docSlug": "6c3e35fc0cf9d4ea447e77c9ca521494",
      "documentTitle": "Credit Suisse | Investment Banking Pitch Book | 31 slides",
      "authorId": "credit-suisse",
      "authorName": "Credit Suisse First Boston",
      "documentKindSlug": "consulting-deck",
      "documentKindLabel": "Consulting deck",
      "sourceTypeSlug": "investment_bank",
      "sourceTypeLabel": "Investment bank",
      "presentationDate": "2004-12-01 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3324081,
      "pageNumber": 26,
      "slideType": "financial_analysis",
      "function": "analyze_data",
      "notes": "The chart is a floating bar chart (waterfall-style) representing valuation ranges.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": "Valuation multiples table",
      "slideHref": "/slides/019de06f-282d-7350-a06d-bc456ac0913f/26",
      "deckHref": "/decks/019de06f-282d-7350-a06d-bc456ac0913f",
      "deckAnchorHref": "/decks/019de06f-282d-7350-a06d-bc456ac0913f#slide-26",
      "loopMatches": [
        {
          "to": 28,
          "from": 25,
          "name": "Cost Of Inaction",
          "slug": "27-cost-of-inaction",
          "bestFor": "Urgent budget requests, compliance, risk mitigation",
          "matchId": "18a3b655-080d-4e81-8128-5a73a83863a7",
          "evidence": "The document highlights the potential risks and costs of inaction",
          "position": 1,
          "objective": "What are the consequences of not investing in PROJECT SOLAR?",
          "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
          "confidence": 0.6,
          "description": "Quantify what happens if the audience does nothing"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 30,
          "from": 20,
          "beatId": "73b84a3e-5537-4ba9-a214-97c6f9445134",
          "arcName": "The Sequoia Pitch",
          "arcSlug": "sequoia-pitch",
          "beatName": "Financials",
          "beatSlug": "sequoia-pitch-financials",
          "evidence": "The financial projections and comparable company analysis",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": "Evidence",
          "parentBeatSlug": "evidence"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019de071-5fc5-77c1-b1b0-4fa4e1c12ab5",
      "docSlug": "5c7629e4c3cd9c3ad25ea91c235b76ca",
      "documentTitle": "Cyxtera | Results Presentation Deck | 29 slides",
      "authorId": "cyxtera",
      "authorName": "Cyxtera",
      "documentKindSlug": "conference-presentation",
      "documentKindLabel": "Conference presentation",
      "sourceTypeSlug": "investor_relations",
      "sourceTypeLabel": "Investor relations",
      "presentationDate": "2021-08-01 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.7777778,
      "pageNumber": 25,
      "slideType": "valuation_table",
      "function": "show_valuation_bridge",
      "notes": "Includes detailed footnotes explaining the calculation of net debt and leverage metrics.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": "Capitalization and credit metrics table",
      "slideHref": "/slides/019de071-5fc5-77c1-b1b0-4fa4e1c12ab5/25",
      "deckHref": "/decks/019de071-5fc5-77c1-b1b0-4fa4e1c12ab5",
      "deckAnchorHref": "/decks/019de071-5fc5-77c1-b1b0-4fa4e1c12ab5#slide-25",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019de070-1e66-763e-aca2-f25d3f6f8200",
      "docSlug": "8cd98377008c7cf250dd0087bfdb4c7a",
      "documentTitle": "Evercore | Investment Banking Pitch Book | 54 slides",
      "authorId": "evercore",
      "authorName": "Evercore",
      "documentKindSlug": "consulting-deck",
      "documentKindLabel": "Consulting deck",
      "sourceTypeSlug": "investment_bank",
      "sourceTypeLabel": "Investment bank",
      "presentationDate": "2020-06-01 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.2938006,
      "pageNumber": 29,
      "slideType": "financial_analysis",
      "function": "analyze_data",
      "notes": "Evercore slide 22. Detailed breakdown of NAV components including debt, cash, and adjustments.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": "Valued Based on Trading Value and Charter Shares Valued at Look-through Price within LBRD",
      "slideHref": "/slides/019de070-1e66-763e-aca2-f25d3f6f8200/29",
      "deckHref": "/decks/019de070-1e66-763e-aca2-f25d3f6f8200",
      "deckAnchorHref": "/decks/019de070-1e66-763e-aca2-f25d3f6f8200#slide-29",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019de073-b590-7474-b61a-bf0192434ec8",
      "docSlug": "3804a6c5af2cad81f263d21acb752b69",
      "documentTitle": "Evercore | Investment Banking Pitch Book | 61 slides",
      "authorId": "evercore",
      "authorName": "Evercore",
      "documentKindSlug": "consulting-deck",
      "documentKindLabel": "Consulting deck",
      "sourceTypeSlug": "investment_bank",
      "sourceTypeLabel": "Investment bank",
      "presentationDate": "2022-10-01 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.2938006,
      "pageNumber": 7,
      "slideType": "financial_analysis",
      "function": "analyze_data",
      "notes": "The table includes projections for 2022E-2024E and calculates Enterprise Value/EBITDA multiples.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": "Table showing SIRE Common Unit Price, Units Outstanding, Equity Values, Net Debt, Enterprise Value, and EBITDA multiples across 7 price scenarios.",
      "slideHref": "/slides/019de073-b590-7474-b61a-bf0192434ec8/7",
      "deckHref": "/decks/019de073-b590-7474-b61a-bf0192434ec8",
      "deckAnchorHref": "/decks/019de073-b590-7474-b61a-bf0192434ec8#slide-7",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 9,
          "from": 1,
          "beatId": "5bde9cb6-8b70-40db-847c-301e3373bbab",
          "arcName": "The Consultant's Gambit",
          "arcSlug": "consultants-gambit",
          "beatName": "Situation & Context",
          "beatSlug": "consultants-gambit-situation-context",
          "evidence": "The document begins with a situation analysis and executive summary.",
          "position": 0,
          "confidence": 0.8,
          "parentBeatName": "Setup",
          "parentBeatSlug": "setup"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019de073-b590-7474-b61a-bf0192434ec8",
      "docSlug": "3804a6c5af2cad81f263d21acb752b69",
      "documentTitle": "Evercore | Investment Banking Pitch Book | 61 slides",
      "authorId": "evercore",
      "authorName": "Evercore",
      "documentKindSlug": "consulting-deck",
      "documentKindLabel": "Consulting deck",
      "sourceTypeSlug": "investment_bank",
      "sourceTypeLabel": "Investment bank",
      "presentationDate": "2022-10-01 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.2938006,
      "pageNumber": 32,
      "slideType": "financial_analysis",
      "function": "analyze_data",
      "notes": "The table shows a valuation bridge from EBITDA to unit price for three consecutive years, accounting for net debt and unit counts.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": "Table containing EBITDA, multiples, Enterprise Value, Net Debt, Equity Value, Units, and Unit Price ranges for 2022E, 2023E, and 2024E",
      "slideHref": "/slides/019de073-b590-7474-b61a-bf0192434ec8/32",
      "deckHref": "/decks/019de073-b590-7474-b61a-bf0192434ec8",
      "deckAnchorHref": "/decks/019de073-b590-7474-b61a-bf0192434ec8#slide-32",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 61,
          "from": 25,
          "beatId": "8300dd62-430b-4886-abfc-060a7ad4eeaa",
          "arcName": "The Consultant's Gambit",
          "arcSlug": "consultants-gambit",
          "beatName": "Impact & Next Steps",
          "beatSlug": "consultants-gambit-impact-next-steps",
          "evidence": "The document concludes with sensitivity cases, peer benchmarking, and supplemental data.",
          "position": 3,
          "confidence": 0.8,
          "parentBeatName": "Resolution",
          "parentBeatSlug": "resolution"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622b-71dc-a6dc-bd2165321181",
      "docSlug": "98bc08b5f4d0",
      "documentTitle": "Forward Air Corporation (FWRD)",
      "authorId": "21_Ancora",
      "authorName": "Ancora",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2025-05-16 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 26,
      "slideType": "valuation_table",
      "function": "show_valuation_bridge",
      "notes": "Includes peer benchmarking tables for LTL and Asset-Light sectors and a valuation sensitivity table.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": "The slide compares Forward Air's valuation multiples to those of its peers.",
      "slideHref": "/slides/019dd923-622b-71dc-a6dc-bd2165321181/26",
      "deckHref": "/decks/019dd923-622b-71dc-a6dc-bd2165321181",
      "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-bd2165321181#slide-26",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622b-71dc-a6da-ec9fdcc5ff89",
      "docSlug": "c9a111b83a1b",
      "documentTitle": "AerCap Holdings (AER)",
      "authorId": "04_Greenlight_Capital",
      "authorName": "David Einhorn",
      "documentKindSlug": "conference-presentation",
      "documentKindLabel": "Conference presentation",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2015-04-07 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 49,
      "slideType": "valuation_table",
      "function": "analyze_data",
      "notes": "The slide uses a 'gain' framing to argue that the buyer (AerCap) secured a bargain relative to the seller's (AIG/ILFC) assets.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": "P/BV (x): 0.67x, P/E: 8.5x",
      "slideHref": "/slides/019dd923-622b-71dc-a6da-ec9fdcc5ff89/49",
      "deckHref": "/decks/019dd923-622b-71dc-a6da-ec9fdcc5ff89",
      "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-ec9fdcc5ff89#slide-49",
      "loopMatches": [
        {
          "to": 60,
          "from": 41,
          "name": "Cost Of Inaction",
          "slug": "27-cost-of-inaction",
          "bestFor": "Urgent budget requests, compliance, risk mitigation",
          "matchId": "dc577220-bfe6-4a21-b491-0cb2f28fd49e",
          "evidence": "The presentation evaluates specific companies.",
          "position": 2,
          "objective": "Highlight the cost of inaction in the face of these challenges.",
          "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
          "confidence": 0.6,
          "description": "Quantify what happens if the audience does nothing"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 60,
          "from": 41,
          "beatId": "c33874b5-0fff-4869-accc-ad9d4d881cff",
          "arcName": "Problem-Agitate-Solution",
          "arcSlug": "problem-agitate-solution",
          "beatName": "Solution",
          "beatSlug": null,
          "evidence": "Evaluation of specific companies like AerCap and athenahealth.",
          "position": 3,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019de50e-c2de-71b9-b1d3-ec7eb206eedd",
      "docSlug": "edfe5527ed71be06343713362a7b477c",
      "documentTitle": "Inovalon | Results Presentation Deck | 27 slides",
      "authorId": "inovalon",
      "authorName": "Inovalon",
      "documentKindSlug": "conference-presentation",
      "documentKindLabel": "Conference presentation",
      "sourceTypeSlug": "investor_relations",
      "sourceTypeLabel": "Investor relations",
      "presentationDate": "2016-02-01 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 20,
      "slideType": "valuation_table",
      "function": "analyze_data",
      "notes": "Data presented in millions of dollars.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": "Cash, Cash Equivalents and Short-Term Investments: 728.2; Other Current Assets: 115.8; Other Assets: 268.9; Total Assets: 1,112.9; Current Liabilities: 52.4; Long-Term Debt: 281.7; Other Liabilities: 39.6",
      "slideHref": "/slides/019de50e-c2de-71b9-b1d3-ec7eb206eedd/20",
      "deckHref": "/decks/019de50e-c2de-71b9-b1d3-ec7eb206eedd",
      "deckAnchorHref": "/decks/019de50e-c2de-71b9-b1d3-ec7eb206eedd#slide-20",
      "loopMatches": [
        {
          "to": 20,
          "from": 20,
          "name": "Quick Win Big Bet",
          "slug": "47-quick-win-big-bet",
          "bestFor": "Transformation planning, 100-day plans, resource allocation",
          "matchId": "fdf5939c-b4cf-4ba8-91be-d051b77e7f95",
          "evidence": "The valuation table and acquisition focus slides suggest a big bet on strategic expansion",
          "position": 1,
          "objective": "Highlight strategic expansion potential",
          "structure": "The Full List -> Quick Wins (Low effort, High impact) -> Big Bets (High effort, High impact) -> Sequenced Roadmap",
          "confidence": 0.6,
          "description": "Separate initiatives into immediate wins and longer-term strategic bets"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 20,
          "from": 20,
          "beatId": "4108e255-fabb-4a6b-955d-cced554d158d",
          "arcName": "Rags to Riches",
          "arcSlug": "rags-to-riches",
          "beatName": "Valuation Table",
          "beatSlug": null,
          "evidence": "Highlights the company's strong balance sheet position",
          "position": 3,
          "confidence": 0.7,
          "parentBeatName": null,
          "parentBeatSlug": null
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019de074-b830-71a9-8058-b0cb4bc8b645",
      "docSlug": "51618b49aae8e2db2d96ea2b43165e32",
      "documentTitle": "Kinnevik | Results Presentation Deck | 45 slides",
      "authorId": "kinnevik",
      "authorName": "Kinnevik",
      "documentKindSlug": "shareholder-letter",
      "documentKindLabel": "Shareholder letter",
      "sourceTypeSlug": "investor_relations",
      "sourceTypeLabel": "Investor relations",
      "presentationDate": "2023-04-01 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.4138439,
      "pageNumber": 9,
      "slideType": "valuation_table",
      "function": "analyze_data",
      "notes": "Includes a specific note on IFRIC 23 tax liability treatment.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": "Table showing Tele2, Portfolio Value, Cash, Debt, Net Assets, and NAV per share across Q1 2023, Q4 2022, and Q1 2022.",
      "slideHref": "/slides/019de074-b830-71a9-8058-b0cb4bc8b645/9",
      "deckHref": "/decks/019de074-b830-71a9-8058-b0cb4bc8b645",
      "deckAnchorHref": "/decks/019de074-b830-71a9-8058-b0cb4bc8b645#slide-9",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622b-71dc-a6dc-022165a95b3b",
      "docSlug": "b11f53a9759d",
      "documentTitle": "ADT Corporation (ADT)",
      "authorId": "11_Corvex",
      "authorName": "Keith Meister",
      "documentKindSlug": "conference-presentation",
      "documentKindLabel": "Conference presentation",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2012-10-24 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.70665085,
      "pageNumber": 13,
      "slideType": "valuation_table",
      "function": "show_valuation_bridge",
      "notes": "The slide argues that ADT's cash flow profile is similar to REITs and should be valued using AFFO multiples.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": "Valuation comparison across different industries (ADT, MLPs, Staples, REITs)",
      "slideHref": "/slides/019dd923-622b-71dc-a6dc-022165a95b3b/13",
      "deckHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b",
      "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-022165a95b3b#slide-13",
      "loopMatches": [
        {
          "to": 25,
          "from": 5,
          "name": "Cost Of Inaction",
          "slug": "27-cost-of-inaction",
          "bestFor": "Urgent budget requests, compliance, risk mitigation",
          "matchId": "8ceff48f-9a91-4ff1-b01a-14f8b1bf3058",
          "evidence": "Slides 5 and 25 discuss the inefficiencies of the current capital structure and the benefits of optimization.",
          "position": 0,
          "objective": "Highlight the cost of maintaining the current capital structure and the benefits of change.",
          "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
          "confidence": 0.7,
          "description": "Quantify what happens if the audience does nothing"
        }
      ],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-296b2ce8c9e2",
      "docSlug": "70a313a8c0c3",
      "documentTitle": "McDonald's Corporation (MCD)",
      "authorId": "01_Pershing_Square",
      "authorName": "William Ackman",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2005-11-15 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 34,
      "slideType": "valuation_table",
      "function": "show_valuation_bridge",
      "notes": "The slide presents a valuation model based on 2006E EBITDA multiples.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": "McOpCo would likely be valued at $6.0 billion to $7.1 billion of equity market value or 6.5x–7.5x EV/’06E EBITDA.",
      "slideHref": "/slides/019dd923-622c-750b-8b9b-296b2ce8c9e2/34",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-296b2ce8c9e2",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-296b2ce8c9e2#slide-34",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019de070-612f-730c-851b-f7d3b5093050",
      "docSlug": "435b7accf5008d3c4051326da39daf17",
      "documentTitle": "Momentus | SPAC Presentation Deck | 38 slides",
      "authorId": "momentus",
      "authorName": "Momentus",
      "documentKindSlug": "pitchdeck",
      "documentKindLabel": "Pitch deck",
      "sourceTypeSlug": "investment_bank",
      "sourceTypeLabel": "Investment bank",
      "presentationDate": "2020-10-01 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.7777778,
      "pageNumber": 34,
      "slideType": "peer_benchmark",
      "function": "compare_peers",
      "notes": "The slide uses a grouped bar chart structure to compare valuation multiples across different industry segments (Traditional Launch vs. Large Defense/Space).",
      "imagePath": null,
      "matchCount": 1,
      "evidence": "EV/Revenue and EV/EBITDA valuation multiples",
      "slideHref": "/slides/019de070-612f-730c-851b-f7d3b5093050/34",
      "deckHref": "/decks/019de070-612f-730c-851b-f7d3b5093050",
      "deckAnchorHref": "/decks/019de070-612f-730c-851b-f7d3b5093050#slide-34",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019de06f-df05-761a-9a17-dad128a6a445",
      "docSlug": "9fe13dede04268865e14c2120c8621c0",
      "documentTitle": "Morgan Stanley | Investment Banking Pitch Book | 36 slides",
      "authorId": "morgan-stanley",
      "authorName": "Morgan Stanley",
      "documentKindSlug": "consulting-deck",
      "documentKindLabel": "Consulting deck",
      "sourceTypeSlug": "investment_bank",
      "sourceTypeLabel": "Investment bank",
      "presentationDate": "2019-08-01 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.381295,
      "pageNumber": 17,
      "slideType": "financial_analysis",
      "function": "compare_options",
      "notes": "The slide uses a tornado/floating bar chart to visualize valuation ranges across different financial methodologies.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": "Public Trading Multiples, Discounted Equity Value, Discounted Cash Flow",
      "slideHref": "/slides/019de06f-df05-761a-9a17-dad128a6a445/17",
      "deckHref": "/decks/019de06f-df05-761a-9a17-dad128a6a445",
      "deckAnchorHref": "/decks/019de06f-df05-761a-9a17-dad128a6a445#slide-17",
      "loopMatches": [
        {
          "to": 20,
          "from": 6,
          "name": "Mece Breakdown",
          "slug": "40-mece-breakdown",
          "bestFor": "Problem structuring, ensuring completeness, strategic analysis",
          "matchId": "6fce7dc6-72ad-4005-8cea-dfcf35ea3f37",
          "evidence": "The financial analysis and benchmarking provide a detailed breakdown",
          "position": 0,
          "objective": "To provide a comprehensive financial analysis",
          "structure": "The Whole -> Category A (distinct) -> Category B (distinct) -> Category C (distinct) -> Complete Coverage",
          "confidence": 0.7,
          "description": "Divide a complex topic into mutually exclusive, collectively exhaustive categories"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 20,
          "from": 6,
          "beatId": "d423cc92-7c84-418d-b1ac-a6e15c550d3c",
          "arcName": "The Consultant's Gambit",
          "arcSlug": "consultants-gambit",
          "beatName": "Evidence & Proof",
          "beatSlug": "consultants-gambit-evidence-proof",
          "evidence": "The financial analysis and benchmarking provide evidence and proof",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": "Evidence",
          "parentBeatSlug": "evidence"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b96-1aee342c3a73",
      "docSlug": "10dc4f9f3e31",
      "documentTitle": "American Tower (AMT)",
      "authorId": "51_Muddy_Waters",
      "authorName": "Carson C. Block",
      "documentKindSlug": "research-note",
      "documentKindLabel": "Research note",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2013-07-17 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 84,
      "slideType": "valuation_table",
      "function": "show_valuation_bridge",
      "notes": "Detailed financial model with footnotes explaining adjustments for currency, tax, and specific asset acquisitions.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": "Valuation Metrics table and Sensitivity Table",
      "slideHref": "/slides/019dd923-622c-750b-8b96-1aee342c3a73/84",
      "deckHref": "/decks/019dd923-622c-750b-8b96-1aee342c3a73",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b96-1aee342c3a73#slide-84",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b96-5d5485212a1d",
      "docSlug": "94b7a97af4bb",
      "documentTitle": "Groupe Casino Guichard-Perrachon SA (CO FP)",
      "authorId": "51_Muddy_Waters",
      "authorName": "Carson C. Block",
      "documentKindSlug": "research-note",
      "documentKindLabel": "Research note",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2015-12-16 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 17,
      "slideType": "appendix_methodology",
      "function": "present_framework",
      "notes": "The slide critiques S&P's lease accounting methodology and details the sum-of-the-parts valuation approach for Casino's assets.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": "apply a multiple that reflects the health of the business (10x), and subtract the net debt to arrive at an equity value of €468 million",
      "slideHref": "/slides/019dd923-622c-750b-8b96-5d5485212a1d/17",
      "deckHref": "/decks/019dd923-622c-750b-8b96-5d5485212a1d",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b96-5d5485212a1d#slide-17",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019de070-0aa2-7187-a04c-7f1e9c13b053",
      "docSlug": "43e42ba0c12fb27dab9c9932961913a4",
      "documentTitle": "Nikola | SPAC Presentation Deck | 58 slides",
      "authorId": "nikola",
      "authorName": "Nikola",
      "documentKindSlug": "conference-presentation",
      "documentKindLabel": "Conference presentation",
      "sourceTypeSlug": "investment_bank",
      "sourceTypeLabel": "Investment bank",
      "presentationDate": "2020-04-01 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.2938006,
      "pageNumber": 35,
      "slideType": "valuation_table",
      "function": "show_valuation_bridge",
      "notes": "Includes two sensitivity tables and a revenue/EBITDA buildup table.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": "VALUATION BENCHMARKING",
      "slideHref": "/slides/019de070-0aa2-7187-a04c-7f1e9c13b053/35",
      "deckHref": "/decks/019de070-0aa2-7187-a04c-7f1e9c13b053",
      "deckAnchorHref": "/decks/019de070-0aa2-7187-a04c-7f1e9c13b053#slide-35",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 37,
          "from": 32,
          "beatId": "e83cf400-4e08-4e08-a16c-f8ad20181903",
          "arcName": "The Sequoia Pitch",
          "arcSlug": "sequoia-pitch",
          "beatName": "Financials",
          "beatSlug": "sequoia-pitch-financials",
          "evidence": "The document provides a financial overview, proposed transaction overview, and valuation benchmarking.",
          "position": 4,
          "confidence": 0.8,
          "parentBeatName": "Evidence",
          "parentBeatSlug": "evidence"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-15d71754f3a1",
      "docSlug": "2fca39b214c5",
      "documentTitle": "N/A",
      "authorId": "99_Other",
      "authorName": "10X EBITDA",
      "documentKindSlug": "other",
      "documentKindLabel": "Other",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2025-02-01 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 37,
      "slideType": "other",
      "function": "other",
      "notes": "This appears to be a page from a technical interview preparation guide for investment banking.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": "Enterprise Value represents value to both debt and equity holders.",
      "slideHref": "/slides/019dd923-622c-750b-8b9b-15d71754f3a1/37",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-15d71754f3a1",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-15d71754f3a1#slide-37",
      "loopMatches": [
        {
          "to": 45,
          "from": 32,
          "name": "Golden Circle",
          "slug": "11-golden-circle",
          "bestFor": "Visionary leadership, brand positioning, mission statements",
          "matchId": "83136bdf-071e-4db7-8834-0eccabf5f975",
          "evidence": "The guide explains enterprise value and equity value concepts.",
          "position": 1,
          "objective": "Understand enterprise value and equity value",
          "structure": "The Why (Belief) -> The How (Process) -> The What (Result)",
          "confidence": 0.6,
          "description": "Invert the typical pitch by starting with why you exist, rather than what you do"
        }
      ],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-15d71754f3a1",
      "docSlug": "2fca39b214c5",
      "documentTitle": "N/A",
      "authorId": "99_Other",
      "authorName": "10X EBITDA",
      "documentKindSlug": "other",
      "documentKindLabel": "Other",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2025-02-01 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 41,
      "slideType": "other",
      "function": "establish_context",
      "notes": "This is a Q&A style educational slide from a technical finance guide.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": "We should use Enterprise Value because business KPIs relate to the business operations.",
      "slideHref": "/slides/019dd923-622c-750b-8b9b-15d71754f3a1/41",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-15d71754f3a1",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-15d71754f3a1#slide-41",
      "loopMatches": [
        {
          "to": 45,
          "from": 32,
          "name": "Golden Circle",
          "slug": "11-golden-circle",
          "bestFor": "Visionary leadership, brand positioning, mission statements",
          "matchId": "83136bdf-071e-4db7-8834-0eccabf5f975",
          "evidence": "The guide explains enterprise value and equity value concepts.",
          "position": 1,
          "objective": "Understand enterprise value and equity value",
          "structure": "The Why (Belief) -> The How (Process) -> The What (Result)",
          "confidence": 0.6,
          "description": "Invert the typical pitch by starting with why you exist, rather than what you do"
        }
      ],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-15d71754f3a1",
      "docSlug": "2fca39b214c5",
      "documentTitle": "N/A",
      "authorId": "99_Other",
      "authorName": "10X EBITDA",
      "documentKindSlug": "other",
      "documentKindLabel": "Other",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2025-02-01 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 43,
      "slideType": "other",
      "function": "other",
      "notes": "The content is structured as a series of numbered interview questions (165-168) and their corresponding answers.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": "The important thing the interviewer is looking for is that you pair metrics on an apples-to-apples basis.",
      "slideHref": "/slides/019dd923-622c-750b-8b9b-15d71754f3a1/43",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-15d71754f3a1",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-15d71754f3a1#slide-43",
      "loopMatches": [
        {
          "to": 45,
          "from": 32,
          "name": "Golden Circle",
          "slug": "11-golden-circle",
          "bestFor": "Visionary leadership, brand positioning, mission statements",
          "matchId": "83136bdf-071e-4db7-8834-0eccabf5f975",
          "evidence": "The guide explains enterprise value and equity value concepts.",
          "position": 1,
          "objective": "Understand enterprise value and equity value",
          "structure": "The Why (Belief) -> The How (Process) -> The What (Result)",
          "confidence": 0.6,
          "description": "Invert the typical pitch by starting with why you exist, rather than what you do"
        }
      ],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019de50f-3aaf-71d0-8eb4-37be51379196",
      "docSlug": "1c5b2abb4a0c4985683456b7146eaef1",
      "documentTitle": "Tudor, Pickering, Holt &amp; Co | Investment Banking Pitch Book | 60 slides",
      "authorId": "tudor-pickering-holt-co",
      "authorName": "Tudor, Pickering, Holt & Co",
      "documentKindSlug": "consulting-deck",
      "documentKindLabel": "Consulting deck",
      "sourceTypeSlug": "investment_bank",
      "sourceTypeLabel": "Investment bank",
      "presentationDate": "2018-10-01 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3324081,
      "pageNumber": 22,
      "slideType": "financial_analysis",
      "function": "analyze_data",
      "notes": "Includes valuation metrics like EBITDA and DCF multiples, and net debt adjustments.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": "Valuation and Multiples table",
      "slideHref": "/slides/019de50f-3aaf-71d0-8eb4-37be51379196/22",
      "deckHref": "/decks/019de50f-3aaf-71d0-8eb4-37be51379196",
      "deckAnchorHref": "/decks/019de50f-3aaf-71d0-8eb4-37be51379196#slide-22",
      "loopMatches": [
        {
          "to": 25,
          "from": 22,
          "name": "Aha Moment",
          "slug": "03-aha-moment",
          "bestFor": "Data-heavy sections, research findings, analytical arguments",
          "matchId": "b338f705-43ff-49a1-9196-edfd63a51c63",
          "evidence": "The document presents financial analysis and contribution analysis",
          "position": 0,
          "objective": "Understand the analysis at transaction value",
          "structure": "The Problem/Question -> What the Data Shows -> The Insight",
          "confidence": 0.7,
          "description": "Establish a tension, present data, then deliver the insight that changes everything"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 35,
          "from": 16,
          "beatId": "ea2f1fde-5bda-41a3-bf9d-c5f48d33f70c",
          "arcName": "The Consultant's Gambit",
          "arcSlug": "consultants-gambit",
          "beatName": "Solution & Approach",
          "beatSlug": "consultants-gambit-solution-approach",
          "evidence": "The document provides financial analysis and projections for AMGP and the transaction",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": "Turn",
          "parentBeatSlug": "turn"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    }
  ]
}