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  "documentTitle": "Porch Group Inc (PRCH)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Ben Axler",
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  "presentationDate": "2021-04-08 00:00:00",
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      "kind": "callout",
      "text": "Notice carefully that Porch made this metric a top priority in its initial press release",
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      "kind": "callout",
      "text": "“Unique Platform” See next slide for what that means in dollars and cents",
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      "kind": "callout",
      "text": "Before even mentioning anything about revenue, Porch cited in its SPAC deal press release “$2.2 billion of gross services volumes through its platform” in an attempt, we believe, to puff up its large market relevance.",
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      "text": "gross services volumes: $2.2 billion",
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      "text": "NEW YORK, NY and SEATTLE, WA, July 31, 2020 - PropTech Acquisition Corporation (NASDAQ: PTAC) (“PropTech” or “PTAC”), a special purpose acquisition company targeting businesses in the real estate technology industry, and Porch.com, Inc. (“Porch” or “the company”), a leading software and services platform for the home inspection and home service industries, have entered into a definitive agreement which would result in Porch becoming a publicly listed company.",
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      "text": "“$2.2 billion of gross services volumes through its platform” — SPAC deal announcement",
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      "text": "Source: SPAC deal announcement",
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      "text": "SPAC Media Hype On Dubious Metrics",
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