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  "docSlug": "72469199073c",
  "documentTitle": "C3.ai, Inc. (AI)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Spruce Point Capital Management",
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  "presentationDate": "2022-02-16 00:00:00",
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  "notes": "The slide uses a red flag icon to signal a warning about the accounting team's composition.",
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      "text": "Given anomalies we've observed in the revenue reporting and commissions with the BH joint venture, we are concerned that C3's commissions accounting manager has only been with the Company three months, and that it is currently looking to hire a new “Senior Revenue Manager”.(1) There are many new hires within C3's accounting department that have been with the Company under a year, and its Chief Accounting Officer has only been at the Company for a little over 1 year and was recently appointed Dec 3, 2021.(2)",
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      "text": "Given anomalies we've observed in the revenue reporting and commissions with the BH joint venture, we are concerned that C3's commissions accounting manager has only been with the Company three months, and that it is currently looking to hire a new \"Senior Revenue Manager\".",
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      "kind": "paragraph",
      "text": "1) C3 job posting for Senior Revenue Manager\n2) Chief Accounting Officer appointment",
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      "text": "Key Accounting Professionals At C3.ai",
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      "kind": "title",
      "text": "We Believe C3 Is Thinly Staffed In The Accounting Function",
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      "objective": "To test the hypothesis that C3.ai's financials and business practices are flawed",
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