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  "documentTitle": "Samsara Inc. (IOT)",
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      "text": "Even when the vehicle telematics industry was nascent with more robust growth potential, larger industry players were acquired between 4x - 8x revenue, significantly less than Samsara's hefty 16x multiple.",
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      "text": "We believe that the absence in recent years of large acquisitions or investments being made by strategic or private equity firms in fleet telematics should speak to the relative unattractiveness of the industry. Even when the vehicle telematics industry was nascent with more robust growth potential, larger industry players were acquired between 4x – 8x revenue, significantly less than Samsara's hefty 16x multiple.",
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      "text": "Large Precedent Acquisitions In Vehicle Telematics And IoT",
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      "text": "Precedent M&A Valuations In Vehicle Telematics Illustrate Samsara's Massive Overvaluation",
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