{ "kind": "all", "value": "all", "collectionKey": "slides:all:all:all-document-kinds:all-producers:all-orientations", "filters": { "documentKinds": [], "sourceTypes": [], "orientations": [] }, "total": 319975, "page": 1817, "pageSize": 60, "pageCount": 5333, "rows": [ { "docId": "019dd923-622b-71dc-a6da-51e90b9c27f9", "docSlug": "a41d94ca60e8", "documentTitle": "GoDaddy Inc. (GDDY)", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 1, "slideType": "cover", "function": "front_matter", "notes": null, "imagePath": "https://imgproxy.kitesheet.com/Kr9WCJ1oi-gxipVHAiNT1HuDDueHRTMZbdUxGVd03B4/rs:fit:1200:1200:0/q:82/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9hNDFkOTRjYTYwZTgvcDAwMS5qcGc", "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-51e90b9c27f9/1", "deckHref": "/decks/019dd923-622b-71dc-a6da-51e90b9c27f9", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-51e90b9c27f9#slide-1", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": "https://imgproxy.kitesheet.com/TK_hu9rsVDWEGUHBlv5UWmV2fplIczjji5XwsZfi5FA/rs:fit:1200:1200:0/q:82/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9hNDFkOTRjYTYwZTgvcDAwMS5wbmc", "thumbSrc": "https://imgproxy.kitesheet.com/Pm4E_HnQwpsdI63n0f52vESLmIK82ZC8RVPcNNul2Jw/rs:fit:480:480:0/q:78/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9hNDFkOTRjYTYwZTgvcDAwMS5qcGc", "thumbSrcAlt": "https://imgproxy.kitesheet.com/SVsA-upyzcjvABr6CJAx2gFkD_oXh2nrOl3qfpZz36c/rs:fit:480:480:0/q:78/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9hNDFkOTRjYTYwZTgvcDAwMS5wbmc" }, { "docId": "019dd923-622b-71dc-a6da-51e90b9c27f9", "docSlug": "a41d94ca60e8", "documentTitle": "GoDaddy Inc. (GDDY)", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 2, "slideType": "disclaimer", "function": "other", "notes": "Contains a watermark 'STARBOARD VALUE' across the center.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-51e90b9c27f9/2", "deckHref": "/decks/019dd923-622b-71dc-a6da-51e90b9c27f9", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-51e90b9c27f9#slide-2", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-51e90b9c27f9", "docSlug": "a41d94ca60e8", "documentTitle": "GoDaddy Inc. (GDDY)", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 3, "slideType": "transition", "function": "transition", "notes": "The slide uses a simple visual layout with logos inside dashed boxes to represent the three companies.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-51e90b9c27f9/3", "deckHref": "/decks/019dd923-622b-71dc-a6da-51e90b9c27f9", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-51e90b9c27f9#slide-3", "loopMatches": [], "arcBeatMatches": [ { "to": 8, "from": 3, "beatId": "8292dfe2-981c-4d82-aeac-b6b623239182", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Situation & Context", "beatSlug": "consultants-gambit-situation-context", "evidence": "The document provides an overview of the current situation and context for each company.", "position": 0, "confidence": 0.8, "parentBeatName": "Setup", "parentBeatSlug": "setup" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-51e90b9c27f9", "docSlug": "a41d94ca60e8", "documentTitle": "GoDaddy Inc. (GDDY)", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 4, "slideType": "peer_benchmark", "function": "compare_peers", "notes": "The slide highlights the performance of specific stocks presented at a previous investor summit.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-51e90b9c27f9/4", "deckHref": "/decks/019dd923-622b-71dc-a6da-51e90b9c27f9", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-51e90b9c27f9#slide-4", "loopMatches": [], "arcBeatMatches": [ { "to": 8, "from": 3, "beatId": "8292dfe2-981c-4d82-aeac-b6b623239182", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Situation & Context", "beatSlug": "consultants-gambit-situation-context", "evidence": "The document provides an overview of the current situation and context for each company.", "position": 0, "confidence": 0.8, "parentBeatName": "Setup", "parentBeatSlug": "setup" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 15, "slideType": "other", "function": "illustrate_case", "notes": "The slide uses a screenshot of a third-party website to demonstrate the capability of the GoDaddy platform.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/15", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-15", "loopMatches": [ { "to": 20, "from": 11, "name": "Golden Circle", "slug": "11-golden-circle", "bestFor": "Visionary leadership, brand positioning, mission statements", "matchId": "c2e1a96c-3770-4df6-b2e5-2ad57635d453", "evidence": "The document presents a clear and compelling investment thesis.", "position": 1, "objective": "Why should investors consider Starboard Value's ideas?", "structure": "The Why (Belief) -> The How (Process) -> The What (Result)", "confidence": 0.7, "description": "Invert the typical pitch by starting with why you exist, rather than what you do" } ], "arcBeatMatches": [ { "to": 20, "from": 11, "beatId": "a2fd2206-69ee-45d0-85d3-4ad8da2a62c8", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Solution & Approach", "beatSlug": "consultants-gambit-solution-approach", "evidence": "Starboard Value presents its ideas and proposed solutions for each company.", "position": 2, "confidence": 0.8, "parentBeatName": "Turn", "parentBeatSlug": "turn" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 16, "slideType": "key_messages", "function": "present_solution", "notes": "The slide uses a grid layout to categorize offerings into four pillars: Domains, Hosting, Web Presence, and Applications & Commerce.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/16", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-16", "loopMatches": [ { "to": 20, "from": 11, "name": "Golden Circle", "slug": "11-golden-circle", "bestFor": "Visionary leadership, brand positioning, mission statements", "matchId": "c2e1a96c-3770-4df6-b2e5-2ad57635d453", "evidence": "The document presents a clear and compelling investment thesis.", "position": 1, "objective": "Why should investors consider Starboard Value's ideas?", "structure": "The Why (Belief) -> The How (Process) -> The What (Result)", "confidence": 0.7, "description": "Invert the typical pitch by starting with why you exist, rather than what you do" } ], "arcBeatMatches": [ { "to": 20, "from": 11, "beatId": "a2fd2206-69ee-45d0-85d3-4ad8da2a62c8", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Solution & Approach", "beatSlug": "consultants-gambit-solution-approach", "evidence": "Starboard Value presents its ideas and proposed solutions for each company.", "position": 2, "confidence": 0.8, "parentBeatName": "Turn", "parentBeatSlug": "turn" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 17, "slideType": "kpi_overview", "function": "analyze_data", "notes": "The slide uses two bar charts side-by-side to demonstrate growth trends in both volume (customers) and value (ARPU).", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/17", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-17", "loopMatches": [ { "to": 20, "from": 11, "name": "Golden Circle", "slug": "11-golden-circle", "bestFor": "Visionary leadership, brand positioning, mission statements", "matchId": "c2e1a96c-3770-4df6-b2e5-2ad57635d453", "evidence": "The document presents a clear and compelling investment thesis.", "position": 1, "objective": "Why should investors consider Starboard Value's ideas?", "structure": "The Why (Belief) -> The How (Process) -> The What (Result)", "confidence": 0.7, "description": "Invert the typical pitch by starting with why you exist, rather than what you do" } ], "arcBeatMatches": [ { "to": 20, "from": 11, "beatId": "a2fd2206-69ee-45d0-85d3-4ad8da2a62c8", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Solution & Approach", "beatSlug": "consultants-gambit-solution-approach", "evidence": "Starboard Value presents its ideas and proposed solutions for each company.", "position": 2, "confidence": 0.8, "parentBeatName": "Turn", "parentBeatSlug": "turn" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 18, "slideType": "section_divider", "function": "transition", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/18", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-18", "loopMatches": [ { "to": 20, "from": 11, "name": "Golden Circle", "slug": "11-golden-circle", "bestFor": "Visionary leadership, brand positioning, mission statements", "matchId": "c2e1a96c-3770-4df6-b2e5-2ad57635d453", "evidence": "The document presents a clear and compelling investment thesis.", "position": 1, "objective": "Why should investors consider Starboard Value's ideas?", "structure": "The Why (Belief) -> The How (Process) -> The What (Result)", "confidence": 0.7, "description": "Invert the typical pitch by starting with why you exist, rather than what you do" } ], "arcBeatMatches": [ { "to": 20, "from": 11, "beatId": "a2fd2206-69ee-45d0-85d3-4ad8da2a62c8", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Solution & Approach", "beatSlug": "consultants-gambit-solution-approach", "evidence": "Starboard Value presents its ideas and proposed solutions for each company.", "position": 2, "confidence": 0.8, "parentBeatName": "Turn", "parentBeatSlug": "turn" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 19, "slideType": "thesis_headline", "function": "present_solution", "notes": "Uses a simple additive framework to illustrate value creation.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/19", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-19", "loopMatches": [ { "to": 20, "from": 11, "name": "Golden Circle", "slug": "11-golden-circle", "bestFor": "Visionary leadership, brand positioning, mission statements", "matchId": "c2e1a96c-3770-4df6-b2e5-2ad57635d453", "evidence": "The document presents a clear and compelling investment thesis.", "position": 1, "objective": "Why should investors consider Starboard Value's ideas?", "structure": "The Why (Belief) -> The How (Process) -> The What (Result)", "confidence": 0.7, "description": "Invert the typical pitch by starting with why you exist, rather than what you do" } ], "arcBeatMatches": [ { "to": 20, "from": 11, "beatId": "a2fd2206-69ee-45d0-85d3-4ad8da2a62c8", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Solution & Approach", "beatSlug": "consultants-gambit-solution-approach", "evidence": "Starboard Value presents its ideas and proposed solutions for each company.", "position": 2, "confidence": 0.8, "parentBeatName": "Turn", "parentBeatSlug": "turn" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 20, "slideType": "kpi_overview", "function": "analyze_data", "notes": "The slide uses a timeline-based visual to present a 3-year plan (2022-2024).", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/20", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-20", "loopMatches": [ { "to": 20, "from": 11, "name": "Golden Circle", "slug": "11-golden-circle", "bestFor": "Visionary leadership, brand positioning, mission statements", "matchId": "c2e1a96c-3770-4df6-b2e5-2ad57635d453", "evidence": "The document presents a clear and compelling investment thesis.", "position": 1, "objective": "Why should investors consider Starboard Value's ideas?", "structure": "The Why (Belief) -> The How (Process) -> The What (Result)", "confidence": 0.7, "description": "Invert the typical pitch by starting with why you exist, rather than what you do" } ], "arcBeatMatches": [ { "to": 20, "from": 11, "beatId": "a2fd2206-69ee-45d0-85d3-4ad8da2a62c8", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Solution & Approach", "beatSlug": "consultants-gambit-solution-approach", "evidence": "Starboard Value presents its ideas and proposed solutions for each company.", "position": 2, "confidence": 0.8, "parentBeatName": "Turn", "parentBeatSlug": "turn" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 21, "slideType": "before_after", "function": "expose_gap", "notes": "Uses a side-by-side bar chart comparison to highlight performance gaps.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/21", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-21", "loopMatches": [ { "to": 30, "from": 21, "name": "Before After", "slug": "21-before-after", "bestFor": "Product demos, process improvements, ROI justification", "matchId": "5d53bba9-7e3a-400a-bfe2-9211b03335c3", "evidence": "The document provides supporting data and evidence for its claims.", "position": 2, "objective": "What is the potential impact of Starboard Value's ideas on the companies' growth and profitability?", "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta", "confidence": 0.7, "description": "Show the dramatic contrast between the old way and the new way through side-by-side comparison" } ], "arcBeatMatches": [ { "to": 30, "from": 21, "beatId": "e7ce04e0-d3d1-4b63-9f69-c60d3599a46a", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Evidence & Proof", "beatSlug": "consultants-gambit-evidence-proof", "evidence": "The document provides supporting data and evidence for its claims.", "position": 3, "confidence": 0.8, "parentBeatName": "Evidence", "parentBeatSlug": "evidence" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 22, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "The slide uses a contrast between absolute FCF (missing) and FCF per share (meeting) to highlight financial engineering.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/22", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-22", "loopMatches": [ { "to": 30, "from": 21, "name": "Before After", "slug": "21-before-after", "bestFor": "Product demos, process improvements, ROI justification", "matchId": "5d53bba9-7e3a-400a-bfe2-9211b03335c3", "evidence": "The document provides supporting data and evidence for its claims.", "position": 2, "objective": "What is the potential impact of Starboard Value's ideas on the companies' growth and profitability?", "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta", "confidence": 0.7, "description": "Show the dramatic contrast between the old way and the new way through side-by-side comparison" } ], "arcBeatMatches": [ { "to": 30, "from": 21, "beatId": "e7ce04e0-d3d1-4b63-9f69-c60d3599a46a", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Evidence & Proof", "beatSlug": "consultants-gambit-evidence-proof", "evidence": "The document provides supporting data and evidence for its claims.", "position": 3, "confidence": 0.8, "parentBeatName": "Evidence", "parentBeatSlug": "evidence" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 23, "slideType": "peer_benchmark", "function": "compare_peers", "notes": "The chart highlights GoDaddy (GDDY) in red to emphasize its underperformance relative to the peer group median.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/23", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-23", "loopMatches": [ { "to": 30, "from": 21, "name": "Before After", "slug": "21-before-after", "bestFor": "Product demos, process improvements, ROI justification", "matchId": "5d53bba9-7e3a-400a-bfe2-9211b03335c3", "evidence": "The document provides supporting data and evidence for its claims.", "position": 2, "objective": "What is the potential impact of Starboard Value's ideas on the companies' growth and profitability?", "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta", "confidence": 0.7, "description": "Show the dramatic contrast between the old way and the new way through side-by-side comparison" } ], "arcBeatMatches": [ { "to": 30, "from": 21, "beatId": "e7ce04e0-d3d1-4b63-9f69-c60d3599a46a", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Evidence & Proof", "beatSlug": "consultants-gambit-evidence-proof", "evidence": "The document provides supporting data and evidence for its claims.", "position": 3, "confidence": 0.8, "parentBeatName": "Evidence", "parentBeatSlug": "evidence" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 24, "slideType": "before_after", "function": "present_solution", "notes": "The slide uses a 'before-after' framing to contrast historical performance with a future target, while simultaneously critiquing the target as insufficient.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/24", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-24", "loopMatches": [ { "to": 30, "from": 21, "name": "Before After", "slug": "21-before-after", "bestFor": "Product demos, process improvements, ROI justification", "matchId": "5d53bba9-7e3a-400a-bfe2-9211b03335c3", "evidence": "The document provides supporting data and evidence for its claims.", "position": 2, "objective": "What is the potential impact of Starboard Value's ideas on the companies' growth and profitability?", "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta", "confidence": 0.7, "description": "Show the dramatic contrast between the old way and the new way through side-by-side comparison" } ], "arcBeatMatches": [ { "to": 30, "from": 21, "beatId": "e7ce04e0-d3d1-4b63-9f69-c60d3599a46a", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Evidence & Proof", "beatSlug": "consultants-gambit-evidence-proof", "evidence": "The document provides supporting data and evidence for its claims.", "position": 3, "confidence": 0.8, "parentBeatName": "Evidence", "parentBeatSlug": "evidence" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 25, "slideType": "problem_statement", "function": "diagnose_problem", "notes": "The slide uses a dual-bar chart to illustrate the inverse relationship between revenue growth and T&D expense ratios.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/25", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-25", "loopMatches": [ { "to": 30, "from": 21, "name": "Before After", "slug": "21-before-after", "bestFor": "Product demos, process improvements, ROI justification", "matchId": "5d53bba9-7e3a-400a-bfe2-9211b03335c3", "evidence": "The document provides supporting data and evidence for its claims.", "position": 2, "objective": "What is the potential impact of Starboard Value's ideas on the companies' growth and profitability?", "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta", "confidence": 0.7, "description": "Show the dramatic contrast between the old way and the new way through side-by-side comparison" } ], "arcBeatMatches": [ { "to": 30, "from": 21, "beatId": "e7ce04e0-d3d1-4b63-9f69-c60d3599a46a", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Evidence & Proof", "beatSlug": "consultants-gambit-evidence-proof", "evidence": "The document provides supporting data and evidence for its claims.", "position": 3, "confidence": 0.8, "parentBeatName": "Evidence", "parentBeatSlug": "evidence" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 26, "slideType": "thesis_headline", "function": "quantify_opportunity", "notes": "Uses a simple additive framework to justify a financial target.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/26", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-26", "loopMatches": [ { "to": 30, "from": 21, "name": "Before After", "slug": "21-before-after", "bestFor": "Product demos, process improvements, ROI justification", "matchId": "5d53bba9-7e3a-400a-bfe2-9211b03335c3", "evidence": "The document provides supporting data and evidence for its claims.", "position": 2, "objective": "What is the potential impact of Starboard Value's ideas on the companies' growth and profitability?", "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta", "confidence": 0.7, "description": "Show the dramatic contrast between the old way and the new way through side-by-side comparison" } ], "arcBeatMatches": [ { "to": 30, "from": 21, "beatId": "e7ce04e0-d3d1-4b63-9f69-c60d3599a46a", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Evidence & Proof", "beatSlug": "consultants-gambit-evidence-proof", "evidence": "The document provides supporting data and evidence for its claims.", "position": 3, "confidence": 0.8, "parentBeatName": "Evidence", "parentBeatSlug": "evidence" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 27, "slideType": "thesis_headline", "function": "propose_solution", "notes": "Uses the 'Rule of 40' framework (Growth + EBITDA Margin).", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/27", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-27", "loopMatches": [ { "to": 30, "from": 21, "name": "Before After", "slug": "21-before-after", "bestFor": "Product demos, process improvements, ROI justification", "matchId": "5d53bba9-7e3a-400a-bfe2-9211b03335c3", "evidence": "The document provides supporting data and evidence for its claims.", "position": 2, "objective": "What is the potential impact of Starboard Value's ideas on the companies' growth and profitability?", "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta", "confidence": 0.7, "description": "Show the dramatic contrast between the old way and the new way through side-by-side comparison" } ], "arcBeatMatches": [ { "to": 30, "from": 21, "beatId": "e7ce04e0-d3d1-4b63-9f69-c60d3599a46a", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Evidence & Proof", "beatSlug": "consultants-gambit-evidence-proof", "evidence": "The document provides supporting data and evidence for its claims.", "position": 3, "confidence": 0.8, "parentBeatName": "Evidence", "parentBeatSlug": "evidence" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 28, "slideType": "peer_benchmark", "function": "compare_peers", "notes": "The chart uses a 'Rule of 40' style metric (Growth + Margin). GoDaddy is represented twice (current and projected).", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/28", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-28", "loopMatches": [ { "to": 30, "from": 21, "name": "Before After", "slug": "21-before-after", "bestFor": "Product demos, process improvements, ROI justification", "matchId": "5d53bba9-7e3a-400a-bfe2-9211b03335c3", "evidence": "The document provides supporting data and evidence for its claims.", "position": 2, "objective": "What is the potential impact of Starboard Value's ideas on the companies' growth and profitability?", "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta", "confidence": 0.7, "description": "Show the dramatic contrast between the old way and the new way through side-by-side comparison" } ], "arcBeatMatches": [ { "to": 30, "from": 21, "beatId": "e7ce04e0-d3d1-4b63-9f69-c60d3599a46a", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Evidence & Proof", "beatSlug": "consultants-gambit-evidence-proof", "evidence": "The document provides supporting data and evidence for its claims.", "position": 3, "confidence": 0.8, "parentBeatName": "Evidence", "parentBeatSlug": "evidence" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 29, "slideType": "before_after", "function": "quantify_opportunity", "notes": "Uses a before-after bridge visual to imply value creation.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/29", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-29", "loopMatches": [ { "to": 30, "from": 21, "name": "Before After", "slug": "21-before-after", "bestFor": "Product demos, process improvements, ROI justification", "matchId": "5d53bba9-7e3a-400a-bfe2-9211b03335c3", "evidence": "The document provides supporting data and evidence for its claims.", "position": 2, "objective": "What is the potential impact of Starboard Value's ideas on the companies' growth and profitability?", "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta", "confidence": 0.7, "description": "Show the dramatic contrast between the old way and the new way through side-by-side comparison" } ], "arcBeatMatches": [ { "to": 30, "from": 21, "beatId": "e7ce04e0-d3d1-4b63-9f69-c60d3599a46a", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Evidence & Proof", "beatSlug": "consultants-gambit-evidence-proof", "evidence": "The document provides supporting data and evidence for its claims.", "position": 3, "confidence": 0.8, "parentBeatName": "Evidence", "parentBeatSlug": "evidence" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 30, "slideType": "peer_benchmark", "function": "compare_peers", "notes": "The chart highlights GoDaddy (red) and a hypothetical 'PF GDDY' (green) against a peer group, showing the valuation gap.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/30", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-30", "loopMatches": [ { "to": 30, "from": 21, "name": "Before After", "slug": "21-before-after", "bestFor": "Product demos, process improvements, ROI justification", "matchId": "5d53bba9-7e3a-400a-bfe2-9211b03335c3", "evidence": "The document provides supporting data and evidence for its claims.", "position": 2, "objective": "What is the potential impact of Starboard Value's ideas on the companies' growth and profitability?", "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta", "confidence": 0.7, "description": "Show the dramatic contrast between the old way and the new way through side-by-side comparison" } ], "arcBeatMatches": [ { "to": 30, "from": 21, "beatId": "e7ce04e0-d3d1-4b63-9f69-c60d3599a46a", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Evidence & Proof", "beatSlug": "consultants-gambit-evidence-proof", "evidence": "The document provides supporting data and evidence for its claims.", "position": 3, "confidence": 0.8, "parentBeatName": "Evidence", "parentBeatSlug": "evidence" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 31, "slideType": "agenda", "function": "transition", "notes": "The slide uses placeholders for the second and third ideas.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/31", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-31", "loopMatches": [], "arcBeatMatches": [ { "to": 40, "from": 31, "beatId": "31a2c25e-d640-468d-9042-96c0af540495", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Impact & Next Steps", "beatSlug": "consultants-gambit-impact-next-steps", "evidence": "The document outlines the potential impact and next steps for each company.", "position": 4, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 32, "slideType": "agenda", "function": "transition", "notes": "The third item is a solid dark blue rectangle, indicating a redacted or placeholder topic.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/32", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-32", "loopMatches": [], "arcBeatMatches": [ { "to": 40, "from": 31, "beatId": "31a2c25e-d640-468d-9042-96c0af540495", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Impact & Next Steps", "beatSlug": "consultants-gambit-impact-next-steps", "evidence": "The document outlines the potential impact and next steps for each company.", "position": 4, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 33, "slideType": "executive_summary", "function": "establish_context", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/33", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-33", "loopMatches": [], "arcBeatMatches": [ { "to": 40, "from": 31, "beatId": "31a2c25e-d640-468d-9042-96c0af540495", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Impact & Next Steps", "beatSlug": "consultants-gambit-impact-next-steps", "evidence": "The document outlines the potential impact and next steps for each company.", "position": 4, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 34, "slideType": "key_messages", "function": "establish_context", "notes": "The slide uses a hierarchical structure to display the portfolio composition.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/34", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-34", "loopMatches": [], "arcBeatMatches": [ { "to": 40, "from": 31, "beatId": "31a2c25e-d640-468d-9042-96c0af540495", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Impact & Next Steps", "beatSlug": "consultants-gambit-impact-next-steps", "evidence": "The document outlines the potential impact and next steps for each company.", "position": 4, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 35, "slideType": "valuation_reveal", "function": "show_valuation_bridge", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/35", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-35", "loopMatches": [], "arcBeatMatches": [ { "to": 40, "from": 31, "beatId": "31a2c25e-d640-468d-9042-96c0af540495", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Impact & Next Steps", "beatSlug": "consultants-gambit-impact-next-steps", "evidence": "The document outlines the potential impact and next steps for each company.", "position": 4, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 36, "slideType": "other", "function": "establish_context", "notes": "The slide uses a hub-and-spoke diagram to illustrate the corporate structure of News Corp.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/36", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-36", "loopMatches": [], "arcBeatMatches": [ { "to": 40, "from": 31, "beatId": "31a2c25e-d640-468d-9042-96c0af540495", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Impact & Next Steps", "beatSlug": "consultants-gambit-impact-next-steps", "evidence": "The document outlines the potential impact and next steps for each company.", "position": 4, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 37, "slideType": "other", "function": "establish_context", "notes": "This appears to be a section divider or introductory slide for a company profile.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/37", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-37", "loopMatches": [], "arcBeatMatches": [ { "to": 40, "from": 31, "beatId": "31a2c25e-d640-468d-9042-96c0af540495", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Impact & Next Steps", "beatSlug": "consultants-gambit-impact-next-steps", "evidence": "The document outlines the potential impact and next steps for each company.", "position": 4, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 38, "slideType": "executive_summary", "function": "summarize", "notes": "The slide highlights market dominance (#1) and financial growth (10% CAGR) alongside ownership structure.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/38", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-38", "loopMatches": [], "arcBeatMatches": [ { "to": 40, "from": 31, "beatId": "31a2c25e-d640-468d-9042-96c0af540495", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Impact & Next Steps", "beatSlug": "consultants-gambit-impact-next-steps", "evidence": "The document outlines the potential impact and next steps for each company.", "position": 4, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 39, "slideType": "valuation_reveal", "function": "show_valuation_bridge", "notes": "The slide uses a simple arithmetic bridge to highlight the hidden value of the stake.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/39", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-39", "loopMatches": [], "arcBeatMatches": [ { "to": 40, "from": 31, "beatId": "31a2c25e-d640-468d-9042-96c0af540495", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Impact & Next Steps", "beatSlug": "consultants-gambit-impact-next-steps", "evidence": "The document outlines the potential impact and next steps for each company.", "position": 4, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 40, "slideType": "valuation_reveal", "function": "show_valuation_bridge", "notes": "The slide uses a simple arithmetic bridge to highlight undervaluation.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/40", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-40", "loopMatches": [], "arcBeatMatches": [ { "to": 40, "from": 31, "beatId": "31a2c25e-d640-468d-9042-96c0af540495", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Impact & Next Steps", "beatSlug": "consultants-gambit-impact-next-steps", "evidence": "The document outlines the potential impact and next steps for each company.", "position": 4, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 41, "slideType": "key_messages", "function": "establish_context", "notes": "The slide uses a hierarchical structure to emphasize Dow Jones's position within the broader News Corp portfolio.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/41", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-41", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 42, "slideType": "other", "function": "establish_context", "notes": "The slide features a collage of WSJ media formats (print, web, mobile) and a magazine cover.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/42", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-42", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 43, "slideType": "kpi_overview", "function": "analyze_data", "notes": "The slide highlights the shift toward Professional Information Services and the 22% CAGR in EBITDA.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/43", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-43", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 44, "slideType": "comparison_table", "function": "compare_peers", "notes": "The slide uses a bar chart comparison to argue for a valuation premium for Dow Jones relative to NYT.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/44", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-44", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 45, "slideType": "valuation_table", "function": "compare_peers", "notes": "Uses a waterfall-style visual to decompose the valuation of News Corp.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/45", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-45", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 46, "slideType": "valuation_reveal", "function": "show_valuation_bridge", "notes": "The slide uses a simple multiplication bridge to justify a $7B+ valuation.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/46", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-46", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 47, "slideType": "valuation_reveal", "function": "show_valuation_bridge", "notes": "Uses a simple subtraction bridge to highlight undervaluation.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/47", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-47", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 48, "slideType": "other", "function": "establish_context", "notes": "The slide uses a hierarchical structure to display the portfolio of assets.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/48", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-48", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 49, "slideType": "valuation_reveal", "function": "show_valuation_bridge", "notes": "The slide uses a simple additive visual metaphor to represent the sum of parts valuation.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/49", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-49", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 50, "slideType": "valuation_reveal", "function": "show_valuation_bridge", "notes": "Uses a sum-of-the-parts valuation logic to argue for undervaluation.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/50", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-50", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 51, "slideType": "valuation_reveal", "function": "show_valuation_bridge", "notes": "Uses a waterfall-style bridge to show enterprise value components.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/51", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-51", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 52, "slideType": "valuation_reveal", "function": "show_valuation_bridge", "notes": "The chart uses a waterfall-bridge format to illustrate the valuation gap.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/52", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-52", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 53, "slideType": "agenda", "function": "transition", "notes": "The third idea is represented by a blank dark blue rectangle, likely a placeholder for a company name or logo.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/53", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-53", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 54, "slideType": "agenda", "function": "front_matter", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/54", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-54", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 55, "slideType": "kpi_overview", "function": "summarize", "notes": "Includes company logo and revenue split donut chart.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/55", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-55", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 56, "slideType": "other", "function": "establish_context", "notes": "The slide uses a value chain diagram to map the drug development process from discovery to approval, highlighting the 'Core Fortrea Business' area.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/56", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-56", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 57, "slideType": "comparison_table", "function": "present_solution", "notes": "The slide uses checkmarks to indicate that CROs address all listed challenges and that scale is a critical factor in doing so.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/57", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-57", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 58, "slideType": "competitive_analysis", "function": "compare_peers", "notes": "Includes annotations regarding ownership status (Acquired by TMO, PE Consortium, Private) for specific firms.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/58", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-58", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 59, "slideType": "thesis_headline", "function": "size_opportunity", "notes": "The slide uses a 'build-up' logic to justify a market growth thesis.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/59", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-59", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 60, "slideType": "thesis_headline", "function": "size_opportunity", "notes": "The slide uses a map to visualize global reach and callout boxes for key operational metrics.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/60", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-60", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 61, "slideType": "timeline", "function": "establish_context", "notes": "The slide illustrates a corporate spin-off history using a timeline and business unit mapping.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/61", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-61", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 62, "slideType": "peer_benchmark", "function": "compare_peers", "notes": "The chart uses color coding (blue for peers, red for Fortrea) to emphasize the performance gap.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/62", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-62", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 63, "slideType": "peer_benchmark", "function": "compare_peers", "notes": "The slide uses a dashed line to indicate the peer median of 18%.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/63", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-63", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 64, "slideType": "peer_benchmark", "function": "compare_peers", "notes": "Includes a quote from CEO Tom Pike supporting the margin improvement thesis.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/64", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-64", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 65, "slideType": "before_after", "function": "illustrate_case", "notes": "The slide uses a 'before-after' framing to establish credibility for the CEO's ability to drive profitability.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/65", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-65", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 66, "slideType": "before_after", "function": "cite_precedent", "notes": "The slide uses a historical performance chart as a precedent to argue for future performance at a different company (Fortrea).", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/66", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-66", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 67, "slideType": "valuation_table", "function": "compare_peers", "notes": "The chart uses a 'valuation bridge' logic to show how Fortrea's multiple would compress if it achieved peer-level margins.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/67", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-67", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 68, "slideType": "precedent_table", "function": "compare_peers", "notes": "The chart compares historical transaction multiples to argue that Fortrea is undervalued.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/68", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-68", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 69, "slideType": "valuation_table", "function": "show_valuation_bridge", "notes": "The slide uses a comparison table to calculate implied share price based on EBITDA margin expansion to peer levels.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/69", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-69", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-4f76d1ed07b0", "docSlug": "2d207abf9499", "documentTitle": "GoDaddy, News Corp, Fortrea", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-10-17 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 70, "slideType": "cover", "function": "front_matter", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6da-4f76d1ed07b0/70", "deckHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-4f76d1ed07b0#slide-70", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true } ] }