{
  "docId": "019dd923-622b-71dc-a6da-8cb69d3843ea",
  "docSlug": "436ccd4c75f6",
  "documentTitle": "Tripadvisor, Inc. (TRIP)",
  "authorId": "03_Starboard_Value",
  "authorName": "Starboard Value",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2025-10-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 39,
  "pageCount": 44,
  "prevPage": 38,
  "nextPage": 40,
  "slideType": "preempt_rebuttal",
  "function": "cite_precedent",
  "density": "overcrowded",
  "nDataPoints": 3,
  "notes": "Uses news headlines as social proof/precedent for a business strategy.",
  "elementsJson": [
    "headline_text",
    "subtitle_text",
    "callout_box",
    "screenshot"
  ],
  "metadataConfidence": 0.95,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622b-71dc-a6da-8cb69d3843ea/39",
  "deckHref": "/decks/019dd923-622b-71dc-a6da-8cb69d3843ea",
  "deckJsonHref": "/decks/019dd923-622b-71dc-a6da-8cb69d3843ea.json",
  "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-8cb69d3843ea#slide-39",
  "components": [
    {
      "bbox": {
        "h": 0.06,
        "w": 1,
        "x": 0,
        "y": 0.89
      },
      "kind": "callout",
      "text": "We believe Tripadvisor's data could also be monetized through more significant licensing agreements",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c4a59480-fe65-4ddb-9f8a-5c6796448399",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "callout",
      "text": "We believe Tripadvisor’s data could also be monetized through more significant licensing agreements",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-fb96-7553-b1e0-e49de6a4740b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.146,
        "w": 0.456,
        "x": 0.262,
        "y": 0.283
      },
      "kind": "image",
      "text": "Google strikes $60 million deal with Reddit",
      "attrs": null,
      "subkind": "screenshot",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1776809e-4398-4e11-a038-349097372eea",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.146,
        "w": 0.456,
        "x": 0.262,
        "y": 0.69
      },
      "kind": "image",
      "text": "OpenAI may pay Reddit $70M for licensing deal",
      "attrs": null,
      "subkind": "screenshot",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a5f5b319-5384-4a6c-a15b-3f4b84e5e861",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.146,
        "w": 0.456,
        "x": 0.262,
        "y": 0.461
      },
      "kind": "image",
      "text": "News Corp Inks OpenAI Licensing Deal Potentially Worth More Than $250 Million",
      "attrs": null,
      "subkind": "screenshot",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c4b717dc-de88-4201-a566-9268ce47db11",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "quote",
      "text": "Google strikes $60 million deal with Reddit, allowing search giant to train AI models on human posts — MoneyWatch. News Corp Inks OpenAI Licensing Deal Potentially Worth More Than $250 Million — News Corp. OpenAI may pay Reddit $70M for licensing deal — Search Engine Land.",
      "attrs": null,
      "subkind": null,
      "toolName": "Authority citation",
      "toolSlug": "authority-citation",
      "confidence": null,
      "componentId": "019dd952-fb96-7553-b1e0-eb5fb91985e1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.2,
        "x": 0.01,
        "y": 0.975
      },
      "kind": "source-note",
      "text": "Source: CBS MoneyWatch, Variety, Search Engine Land.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ce11747f-c48f-4358-a9a7-481d4694ad95",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.75,
        "x": 0.03,
        "y": 0.13
      },
      "kind": "subtitle",
      "text": "Brand Tripadvisor has one of the most valuable sets of consumer travel data that could be licensed to various AI partners.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "dfe265e6-4221-4255-a1a0-bb5cc1d6e41b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.85,
        "x": 0.03,
        "y": 0.06
      },
      "kind": "title",
      "text": "3 Tripadvisor's Incredibly Valuable Dataset Could Also Be Monetized",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "209f359c-8338-47b6-bfa2-2f4454fb8562",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "authority-citation",
      "slug": null,
      "matchId": "034503f4-f671-42c1-b3c1-502fa053aab3",
      "evidence": "Citing industry news headlines to validate a business thesis.",
      "confidence": 0.8
    }
  ],
  "arcBeats": [
    {
      "to": 44,
      "from": 34,
      "beatId": "65b63574-f9bd-4059-9662-6e2939e550da",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Impact & Next Steps",
      "beatSlug": "consultants-gambit-impact-next-steps",
      "evidence": "Slides 34-44 discuss the potential impact and next steps, including Tripadvisor's strategic value and attractiveness as an acquisition target.",
      "position": 4,
      "confidence": 0.8,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}