{
  "docId": "019dd923-5fed-74f2-a96f-c0a09608519f",
  "docSlug": "bi-d5ab5f96209b8a35",
  "documentTitle": "REVEALED: Goldman Sachs' $1 trillion WeWork IPO pitch deck",
  "authorId": "Pitchdecks",
  "authorName": null,
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "portrait",
  "aspectRatio": 0.706,
  "pageNumber": 103,
  "pageCount": 128,
  "prevPage": 102,
  "nextPage": 104,
  "slideType": "revenue_buildup",
  "function": "analyze_data",
  "density": "balanced",
  "nDataPoints": 7,
  "notes": "The slide uses a sequential calculation flow (Members * ARPPM = Revenue, etc.) to justify a $1T valuation.",
  "elementsJson": [
    "big_number",
    "process_diagram"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5fed-74f2-a96f-c0a09608519f/103",
  "deckHref": "/decks/019dd923-5fed-74f2-a96f-c0a09608519f",
  "deckJsonHref": "/decks/019dd923-5fed-74f2-a96f-c0a09608519f.json",
  "deckAnchorHref": "/decks/019dd923-5fed-74f2-a96f-c0a09608519f#slide-103",
  "components": [
    {
      "bbox": {
        "h": 0.28,
        "w": 0.23,
        "x": 0.58,
        "y": 0.08
      },
      "kind": "legend",
      "text": "Red circles highlight key input and output metrics (20M members, $200B revenue).",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "83b4689a-5716-4d8f-b338-f4021df38a70",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.65,
        "w": 0.62,
        "x": 0.19,
        "y": 0.11
      },
      "kind": "list",
      "text": "Members: 20M; ARPPM: $10,000; Implied Revenue: $200B; EBITDA Margin: 25%; Implied EBITDA: $50B; EV / EBITDA: 20x; Enterprise Value: $1T",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "398f91be-5fbb-45d7-8588-930f4ddbb531",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Enterprise Value: $1T",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-cb15-71a0-ba8d-d9a2ad8c2a56",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "List presentation",
      "slug": "list-presentation",
      "agent": null,
      "layer": "slide",
      "matchId": "f12fea7e-625c-4fbf-8ec0-1912a934f5b0",
      "evidence": "list/bullet: Members: 20M; ARPPM: $10,000; Implied Revenue: $200B; EBITDA Margin: 25%; Implied EBITDA: $50B; EV / EBITDA: 20x; Enterprise Value: $1T",
      "confidence": 0.8
    }
  ],
  "frameworks": [
    {
      "name": "logical-chain",
      "slug": null,
      "matchId": "fbd147d6-c00f-4efd-8f32-d9cf41e72b3c",
      "evidence": "The slide presents a sequential mathematical derivation of Enterprise Value.",
      "confidence": 0.9
    }
  ],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}