{
  "docId": "019dd923-622c-750b-8b99-1b3c88355559",
  "docSlug": "08d6aefbccb5",
  "documentTitle": "Genius Sports Limited (GENI)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Ben Axler",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2021-08-05 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 25,
  "pageCount": 61,
  "prevPage": 24,
  "nextPage": 26,
  "slideType": "expose_contradiction",
  "function": "expose_contradiction",
  "density": "balanced",
  "nDataPoints": 8,
  "notes": "Uses red 'X' marks to visually emphasize contradictions.",
  "elementsJson": [
    "headline_text",
    "paragraph",
    "comparison_table"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b99-1b3c88355559/25",
  "deckHref": "/decks/019dd923-622c-750b-8b99-1b3c88355559",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b99-1b3c88355559.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b99-1b3c88355559#slide-25",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "Based on our research, we find many inconsistencies with Craig-Hallum’s report.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-e6ec-7186-b7c2-7246098cef46",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.9,
        "x": 0.05,
        "y": 0.15
      },
      "kind": "paragraph",
      "text": "Based on our research, we find many inconsistencies with Craig-Hallum’s report. On January 20th, 2021, boutique sell-side research firm Craig-Hallum initiated coverage on Genius with a price target of $25 per share. That day Genius’ share price (at the time trading as DMYD) increased over 20%.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "cd384752-ed1e-456a-b53f-ddb485af3c9f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.4,
        "x": 0.05,
        "y": 0.95
      },
      "kind": "source-note",
      "text": "Source: Craig Hallum research report (1/20/2021), Spruce Point research",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "eb94bd97-b304-44ec-9dc6-52fd54b5b2c3",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.65,
        "w": 0.9,
        "x": 0.05,
        "y": 0.25
      },
      "kind": "table",
      "text": "Comparison table with columns: Category, Craig-Hallum Claim, Spruce Point Reality",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "90c7f722-7f4a-406e-b184-174ddfcaa477",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.45,
        "x": 0.305,
        "y": 0.05
      },
      "kind": "title",
      "text": "Concerns With Craig-Hallum Report",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "32604c08-8b38-4f4a-a16d-786e477e5016",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "expose_contradiction",
      "slug": null,
      "matchId": "03340dad-faba-40e4-8bed-233ed122f0a1",
      "evidence": "Direct side-by-side comparison of claims vs reality",
      "confidence": 1
    }
  ],
  "arcBeats": [
    {
      "to": 53,
      "from": 8,
      "beatId": "f3e1ffe1-c3ed-402d-bf3c-dc6cefa18b8e",
      "arcName": "Problem-Agitate-Solution",
      "arcSlug": "problem-agitate-solution",
      "beatName": "Agitation",
      "beatSlug": "problem-agitate-solution-agitate-make-it-worse",
      "evidence": "The deck agitates the problem by detailing various concerns, including unrealistic growth assumptions, questionable revenue recognition practices, and financial strain.",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Development",
      "parentBeatSlug": "development"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}