{
  "docId": "019dd923-5e88-73ef-bd5c-d1d55ad428b9",
  "docSlug": "c17329da4b0462b2",
  "documentTitle": "2025 Accel Race for compute",
  "authorId": "Accel",
  "authorName": "Accel",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "vc_research",
  "sourceTypeLabel": "VC research",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.778,
  "pageNumber": 12,
  "pageCount": 64,
  "prevPage": 11,
  "nextPage": 13,
  "slideType": "industry_trends",
  "function": "analyze_data",
  "density": "balanced",
  "nDataPoints": 16,
  "notes": "Includes a callout box listing recent notable IPOs/companies.",
  "elementsJson": [
    "headline_text",
    "bar_chart_vertical",
    "logo_grid"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5e88-73ef-bd5c-d1d55ad428b9/12",
  "deckHref": "/decks/019dd923-5e88-73ef-bd5c-d1d55ad428b9",
  "deckJsonHref": "/decks/019dd923-5e88-73ef-bd5c-d1d55ad428b9.json",
  "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd5c-d1d55ad428b9#slide-12",
  "components": [
    {
      "bbox": {
        "h": 0.45,
        "w": 0.07,
        "x": 0.89,
        "y": 0.215
      },
      "kind": "callout",
      "text": "List of companies: Navan, Circle, CoreWeave, Netskope, Via, Figma, Innoscripta, SailPoint, ServiceTitan, Rubrik, Planisware, Onestream",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "54510ec9-b00c-4139-b525-d1408ee41976",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.6,
        "w": 0.92,
        "x": 0.04,
        "y": 0.26
      },
      "kind": "chart",
      "text": "Software & AI IPOs by year",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ced07676-e453-40c5-8f64-1c74d2f57ce0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Number of IPOs: 8",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-41ab-72d9-bbac-ca70de685d49",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.2,
        "x": 0.04,
        "y": 0.96
      },
      "kind": "source-note",
      "text": "Source: Accel Analysis, Qatalyst",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b50111b7-56d4-41f5-a37d-7fa6318c7190",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.45,
        "x": 0.04,
        "y": 0.09
      },
      "kind": "title",
      "text": "Tech IPO markets starting to reopen",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b08d95c1-6bfd-43c3-97d3-e66884ef392f",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Action Titles",
      "slug": "action-titles",
      "agent": "Architect",
      "layer": "slide",
      "matchId": "019de0b2-5477-76df-893c-808a6fe60cf0",
      "evidence": "Title states 'tech IPO markets starting to reopen'",
      "confidence": 80
    },
    {
      "name": "Annotation",
      "slug": "annotation",
      "agent": "Designer",
      "layer": "slide",
      "matchId": "019de0b2-549f-7739-9863-a383a280dd39",
      "evidence": "Logo callout box on 2025 cohort bar",
      "confidence": 75
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 32,
      "from": 4,
      "beatId": "019de0b2-4e94-708e-a81b-2a03d1d6ada8",
      "arcName": "The Triple Take",
      "arcSlug": "triple-take",
      "beatName": "The Facts (What)",
      "beatSlug": null,
      "evidence": "Market data, NASDAQ, Super Six, M&A, AI-native efficiency",
      "position": 1,
      "confidence": 82,
      "parentBeatName": null,
      "parentBeatSlug": null
    },
    {
      "to": 13,
      "from": 4,
      "beatId": "019de0b2-4f34-7027-aa52-0ea5ea295d2d",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Situation & Context",
      "beatSlug": null,
      "evidence": "Industrial revolution framing, NASDAQ, Super Six, IPOs",
      "position": 1,
      "confidence": 60,
      "parentBeatName": null,
      "parentBeatSlug": null
    }
  ],
  "loops": [
    {
      "to": 13,
      "from": 4,
      "name": "Why Now",
      "slug": "15-why-now",
      "bestFor": "Sales pitches, fundraising, requesting immediate budget approval",
      "matchId": "019de0b2-4ff9-732a-a76d-964b9b28abcb",
      "evidence": "Jensen quote, NASDAQ platform-shift chart, geopolitical-resilience scale, Super Six concentration.",
      "position": 1,
      "objective": "Frame AI as the defining market shift right now",
      "structure": "The Context (Trends) -> The Trigger Event -> The Window of Opportunity",
      "confidence": 78,
      "description": "Create temporal urgency by proving that the window of opportunity is opening or closing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}