{
  "docId": "019dd923-622b-71dc-a6db-fe3a4e8c9446",
  "docSlug": "715a408c4252",
  "documentTitle": "Multiple (ValueAct portfolio: Moody's, CBRE, Motorola Solutions, Adobe, Halliburton, Autodesk, Gardner Denver, Sara Lee, Verisign, CR Bard)",
  "authorId": "10_ValueAct",
  "authorName": "Jeff Ubben",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2012-10-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 8,
  "pageCount": 26,
  "prevPage": 7,
  "nextPage": 9,
  "slideType": "comparison_table",
  "function": "present_framework",
  "density": "sparse",
  "nDataPoints": 0,
  "notes": "The slide uses a table to map business attributes (Pricing Power, Industry Structure, Barriers to Entry) to specific company examples.",
  "elementsJson": [
    "headline_text",
    "comparison_table",
    "logo_grid"
  ],
  "metadataConfidence": 0.95,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622b-71dc-a6db-fe3a4e8c9446/8",
  "deckHref": "/decks/019dd923-622b-71dc-a6db-fe3a4e8c9446",
  "deckJsonHref": "/decks/019dd923-622b-71dc-a6db-fe3a4e8c9446.json",
  "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-fe3a4e8c9446#slide-8",
  "components": [
    {
      "bbox": {
        "h": 0.06,
        "w": 0.9,
        "x": 0.05,
        "y": 0.85
      },
      "kind": "callout",
      "text": "Recurring revenue, Predictable growth, High free cash flow",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "842f0df2-5a7b-49ab-807e-7b9d57f504e5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.65,
        "w": 0.9,
        "x": 0.05,
        "y": 0.14
      },
      "kind": "table",
      "text": "High Quality framework table with attributes and company logos",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "10bcd889-bc7d-4252-a11f-ca354b4c8a6d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.9,
        "x": 0.05,
        "y": 0.03
      },
      "kind": "title",
      "text": "Businesses That Can Thrive, but Withstand Uncertainty",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9ff4a035-fa57-4075-ad53-10f8c2065200",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "quality-investing-framework",
      "slug": null,
      "matchId": "c6fda074-cfa9-4723-b1f3-818d5e8f842b",
      "evidence": "The slide outlines specific criteria (pricing power, industry structure, barriers to entry) used to identify high-quality, resilient businesses.",
      "confidence": 0.85
    }
  ],
  "arcBeats": [
    {
      "to": 8,
      "from": 6,
      "beatId": "cb1e47b6-9b4c-485c-9325-1440b44acd0d",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Solution",
      "beatSlug": "sequoia-pitch-solution",
      "evidence": "The VALUEACT CAPITAL Circle of Life and Businesses That Can Thrive",
      "position": 1,
      "confidence": 0.7,
      "parentBeatName": "Turn",
      "parentBeatSlug": "turn"
    }
  ],
  "loops": [
    {
      "to": 8,
      "from": 4,
      "name": "Tale Two Worlds",
      "slug": "04-tale-two-worlds",
      "bestFor": "Competitive analysis, benchmarking, case for change",
      "matchId": "e31e463e-7176-4b5b-b871-42fe1dc37b7f",
      "evidence": "The Past Reign of Shareholder Passivity and The VALUEACT CAPITAL Circle of Life",
      "position": 0,
      "objective": "Comparing traditional financials and value investing approach",
      "structure": "Current State -> Desired State / Benchmark -> The Gap & Implication",
      "confidence": 0.6,
      "description": "Show the gap between two states to drive urgency or highlight opportunity"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}