{ "docId": "019dd923-622c-750b-8b9a-1cc056790523", "docSlug": "340e94a59fc0", "documentTitle": "IonQ Inc. (IONQ)", "authorId": "58_Scorpion_Capital", "authorName": "Scorpion Capital", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "short_seller", "sourceTypeLabel": "Short seller", "presentationDate": "2022-05-03 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 174, "pageCount": 183, "prevPage": 173, "nextPage": 175, "slideType": "expose_contradiction", "function": "expose_contradiction", "density": "overcrowded", "nDataPoints": 0, "notes": "The slide uses Q&A transcripts to build a narrative of leadership negligence and physical absence.", "elementsJson": [ "paragraph", "quote_block" ], "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019dd923-622c-750b-8b9a-1cc056790523/174", "deckHref": "/decks/019dd923-622c-750b-8b9a-1cc056790523", "deckJsonHref": "/decks/019dd923-622c-750b-8b9a-1cc056790523.json", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9a-1cc056790523#slide-174", "components": [ { "bbox": null, "kind": "callout", "text": "Monroe is basically missing in action and Kim allegedly disappears for weeks at a time because he’s at Duke.", "attrs": null, "subkind": null, "toolName": "Visual emphasis", "toolSlug": "visual-emphasis", "confidence": null, "componentId": "019dd952-f5d2-7501-bd86-5aee0bc3aa6f", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.9, "x": 0.05, "y": 0.62 }, "kind": "paragraph", "text": "Employees are concerned that the CEO doesn’t understand quantum and the co-founders are “not even in the same location as the company”", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "21789802-45d0-4aec-b74b-cce5b8e1b3d9", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.9, "x": 0.05, "y": 0.28 }, "kind": "paragraph", "text": "Senior member of technical staff confirmed that Monroe and Kim are barely at the company", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "4f3b7097-7ddb-4436-af15-2d73e2052f5b", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.9, "x": 0.05, "y": 0.85 }, "kind": "paragraph", "text": "Kim was allegedly missing for weeks at a time “because he was at Duke”", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "d6364ddc-98d5-4daf-b7d7-5ebdbb9904fb", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.9, "x": 0.05, "y": 0.31 }, "kind": "quote", "text": "A: \"Yeah, that’s a good question. At least I know with Jungsang, it’s about half of his time...Chris, he does so many things, and he’s not really a hands-on type of person. If I say half of the time, that’s kind of hard to estimate since you don’t see him.\"", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "16ddc96d-c8c1-4b15-a2fb-1311980c4b84", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.18, "w": 0.9, "x": 0.05, "y": 0.65 }, "kind": "quote", "text": "\"If you listen to the kinds of comments that I had, then I’m pretty sure many employees who I think are reasonable people would agree with my comments. In other words, I would imagine that they have some concerns. I can speak about myself. One of the main concerns is that the CEO of the company doesn’t understand quantum, and he is driving the company in some strange direction, and he says strange things, and he overpromises. Simultaneously with that, the technical leaders who are Jungsang Kim and Chris Monroe, they have their professor tenures at Duke University that is located in Durham, North Carolina, whereas IonQ is located in Maryland. So, it’s an hour’s flight away. The intellectual leadership is not even in the same location as the company.” – Former employee, senior member of technical staff", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "29eb38d2-788b-4b98-a776-c62d18d99d67", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.18, "w": 0.9, "x": 0.05, "y": 0.39 }, "kind": "quote", "text": "Q: \"And how often was Chris Monroe there?\" A: \"Not that often. I would say once a week or so.\" Q: \"For like a couple of hours or something like that?\" A: \"Yeah, just taking calls and talking to management, not necessarily doing work. Jungsang was definitely the guy actually sitting down and doing calculations.\" Q: \"How many times did you see Chris Monroe come to the company when you were there?\" A: \"That’s kind of hard to estimate. I’d say once a week.\" Q: \"Jungsang Kim is based at Duke, or he’s based at IonQ?\" A: \"I think he’s based at Duke.\"– Ex-IonQ employee, senior member of technical staff", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "52868558-f812-43b5-9878-3f5570451b11", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.05, "w": 0.9, "x": 0.05, "y": 0.88 }, "kind": "quote", "text": "\"Jungsang Kim would fly back and forth, so there would be weeks where he was there and then weeks when he wasn’t because he was at Duke.\" – Ex-IonQ employee, member of technical staff", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "68ffdd01-458e-4781-a012-bf2c546f1df0", "frameworkName": null, "frameworkSlug": null }, { "bbox": null, "kind": "quote", "text": "If you listen to the kinds of comments that I had, then I’m pretty sure many employees who I think are reasonable people would agree with my comments. In other words, I would imagine that they have some concerns. I can speak about myself. One of the main concerns is that the CEO of the company doesn’t understand quantum, and he is driving the company in some strange direction, and he says strange things, and he overpromises. Simultaneously with that, the technical leaders who are Jungsang Kim and Chris Monroe, they have their professor tenures at Duke University that is located in Durham, North Carolina, whereas IonQ is located in Maryland. So, it’s an hour’s flight away. The intellectual leadership is not even in the same location as the company. — Former employee, senior member of technical staff", "attrs": null, "subkind": null, "toolName": "Authority citation", "toolSlug": "authority-citation", "confidence": null, "componentId": "019dd952-f5d2-7501-bd86-5cbda9ab991c", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.3, "x": 0.05, "y": 0.96 }, "kind": "source-note", "text": "Source: Scorpion Capital consultation calls with experts", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "e334f451-559f-48a7-a56c-28f281b2097b", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.9, "x": 0.05, "y": 0.08 }, "kind": "title", "text": "Two other ex-employees confirmed the color, suggesting widespread concern among employees about the unusual situation and indicated that Monroe and Kim – the CTO and CSO – are barely at the company. Monroe is basically missing in action and Kim allegedly disappears for weeks at a time because he’s at Duke.", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f944c829-bb5a-403a-847d-afd9c24262d6", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }