{
  "docId": "019dd923-5f69-752d-a9b4-5f88c37882a1",
  "docSlug": "AB8IF90dSuGJompzvkEO",
  "documentTitle": "Read the pitch deck cloud startup Macrometa used to raise a $20 million Series A round to build the 'Snowflake of the edge'",
  "authorId": "Pitchdecks",
  "authorName": "Macrometa",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.778,
  "pageNumber": 31,
  "pageCount": 36,
  "prevPage": 30,
  "nextPage": 32,
  "slideType": "other",
  "function": "other",
  "density": "dense",
  "nDataPoints": 0,
  "notes": "The slide details a specific fundraising event involving a convertible note to accommodate a strategic investor.",
  "elementsJson": [
    "headline_text",
    "numbered_list"
  ],
  "metadataConfidence": 0.9,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5f69-752d-a9b4-5f88c37882a1/31",
  "deckHref": "/decks/019dd923-5f69-752d-a9b4-5f88c37882a1",
  "deckJsonHref": "/decks/019dd923-5f69-752d-a9b4-5f88c37882a1.json",
  "deckAnchorHref": "/decks/019dd923-5f69-752d-a9b4-5f88c37882a1#slide-31",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "Pelion and Macrometa fall in love with each other",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-943c-7132-8259-b4481510f425",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.4,
        "w": 0.5,
        "x": 0.45,
        "y": 0.3
      },
      "kind": "list",
      "text": "1. We were introduced to Pelion by our GTM partner just as we were about to close our Seed Plus with DNX\n2. Pelion aligned very well with our goals, culture and values PLUS they knew the space well having backed one of our main GTM partners\n3. But we had no space for them in our round\n4. So, the board got together and worked out a structure to add a convertible note to the round to let them participate: No Cap on Valuation + standard discount + no liquidation pref + no board/observer seat\n5. They didn’t push back signaling they really were aligned on the long game with us\n6. We took $XXm in a convertible note in Oct’20 from Pelion - we didn’t need it but it was our way of investing in the relationship",
      "attrs": null,
      "subkind": "numbered",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "bafe402a-82ad-4ec0-bd9b-d214e720e95a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.5,
        "x": 0.45,
        "y": 0.25
      },
      "kind": "title",
      "text": "Pelion and Macrometa fall in love with each other",
      "attrs": null,
      "subkind": "action-title",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "deaa46d2-86c7-45a3-96b4-ffdd54ec4fb1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.35,
        "x": 0.03,
        "y": 0.45
      },
      "kind": "title",
      "text": "Clear Goals",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "22d325c3-1c1d-4b50-ad6d-48cb86a779aa",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Audience frame",
      "slug": "audience-frame",
      "agent": null,
      "layer": "slide",
      "matchId": "b54b3cb9-a915-48ac-9ab6-a08334d7e368",
      "evidence": "Pelion and Macrometa fall in love with each other",
      "confidence": 0.5
    }
  ],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}