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  "documentTitle": "DoubleVerify Holdings, Inc. (DV)",
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  "presentationDate": "2023-05-02 00:00:00",
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      "kind": "callout",
      "text": "A Few Months Later, Smaller Customer Growth Spend Also Started To Decline",
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      "text": "DV started to shift discussion to its smaller customer spend, but based on our recent review, spending is slowing there too.",
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      "text": "+29% # GENERATING >$200 K / YR",
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      "text": "+95% Q4 2022 GRR",
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      "text": "customer growth: +29%",
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      "text": "DV started to shift discussion to its smaller customer spend, but based on our recent review, spending is slowing there too. Based a Spruce Point interview of a former employee, we learned that DV's product is not adapted for smaller businesses.",
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      "text": "We grew the total number of customers generating more than $200,000 of revenue by 38% year-over-year on a trailing 12-month basis. — CEO, Aug 3, 2022; Our gross retention rate remains over 95%, and we have achieved 41% growth in the total number of customers generating more than $200,000 of revenue on a trailing 12-month basis. — CEO, Nov 8, 2022",
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      "text": "Source: Year End 2022 Investor Presentation",
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      "text": "Source: Q2 2022 and Q3 2022 Conf Call",
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