{
  "docId": "019dd923-5eff-723e-9be6-92c6ebb0485b",
  "docSlug": "3a374c651714cf6d",
  "documentTitle": "2024 Prosus Acquisition Presentation",
  "authorId": "Despegar",
  "authorName": "Prosus",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.778,
  "pageNumber": 11,
  "pageCount": 12,
  "prevPage": 10,
  "nextPage": 12,
  "slideType": "business_case",
  "function": "present_solution",
  "density": "balanced",
  "nDataPoints": 3,
  "notes": null,
  "elementsJson": [
    "headline_text",
    "numbered_list",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5eff-723e-9be6-92c6ebb0485b/11",
  "deckHref": "/decks/019dd923-5eff-723e-9be6-92c6ebb0485b",
  "deckJsonHref": "/decks/019dd923-5eff-723e-9be6-92c6ebb0485b.json",
  "deckAnchorHref": "/decks/019dd923-5eff-723e-9be6-92c6ebb0485b#slide-11",
  "components": [
    {
      "bbox": {
        "h": 0.03,
        "w": 0.3,
        "x": 0.02,
        "y": 0.97
      },
      "kind": "disclaimer",
      "text": "1Consensus figures from Bloomberg as of December 20, 2024",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "525778f3-cf4d-4f56-b273-31fd48e4a356",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.6,
        "w": 0.9,
        "x": 0.05,
        "y": 0.2
      },
      "kind": "list",
      "text": "1. Despegar is the #1 Online Travel Agency (OTA) in brand awareness in LatAm's large and growing market, with a strong management team, partner relationships and product & technology\n2. Despegar is a growing and profitable company with expanding margins\n   - $5.6bn in gross bookings, $761m in revenues and Adj. EBITDA of $172m in 2024E\n3. Prosus's LatAm ecosystem can improve Despegar's business, and offer the best value to consumers in local commerce, travel, experiences, and fintech",
      "attrs": null,
      "subkind": "numbered",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3bddcc25-3ef2-493e-b936-1dc9fdff8238",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Adj. EBITDA: $172m",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-6676-7447-a808-cd7bf01f3968",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.6,
        "x": 0.05,
        "y": 0.08
      },
      "kind": "title",
      "text": "The transaction has strong strategic rationale",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "27104282-c927-4990-80a5-073efd0eb515",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Thesis archetype",
      "slug": "thesis-archetype",
      "agent": null,
      "layer": "slide",
      "matchId": "b9ffcd51-5e38-4131-bc37-c31c2b8e95b0",
      "evidence": "The transaction has strong strategic rationale",
      "confidence": 0.7
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 11,
      "from": 10,
      "beatId": "9789aaaa-4709-46b1-a59c-4e335375e425",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Solution & Approach",
      "beatSlug": "consultants-gambit-solution-approach",
      "evidence": "Slides 10-11 outline the business case and strategic rationale",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Turn",
      "parentBeatSlug": "turn"
    }
  ],
  "loops": [
    {
      "to": 12,
      "from": 1,
      "name": "Golden Circle",
      "slug": "11-golden-circle",
      "bestFor": "Visionary leadership, brand positioning, mission statements",
      "matchId": "0ab61644-ee34-421c-8b05-693bbb0301c3",
      "evidence": "The document follows the golden circle by starting with why (slide 1), then what (slides 2-11), and implicitly how (slide 12)",
      "position": 1,
      "objective": "Why is this acquisition important?",
      "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"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}