{ "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": 175, "pageCount": 183, "prevPage": 174, "nextPage": 176, "slideType": "expose_contradiction", "function": "expose_contradiction", "density": "overcrowded", "nDataPoints": 0, "notes": "The slide uses direct quotes from industry experts to undermine the credibility of the company's leadership structure.", "elementsJson": [ "paragraph", "quote_block" ], "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019dd923-622c-750b-8b9a-1cc056790523/175", "deckHref": "/decks/019dd923-622c-750b-8b9a-1cc056790523", "deckJsonHref": "/decks/019dd923-622c-750b-8b9a-1cc056790523.json", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9a-1cc056790523#slide-175", "components": [ { "bbox": null, "kind": "callout", "text": "I didn't want to wager my entire career on IonQ, when the two founders of the company, they did not wager their careers on the company.", "attrs": null, "subkind": null, "toolName": "Visual emphasis", "toolSlug": "visual-emphasis", "confidence": null, "componentId": "019dd952-f5d2-7501-bd86-87d76d4b9c28", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.12, "w": 0.9, "x": 0.05, "y": 0.23 }, "kind": "paragraph", "text": "A leading researcher who has published papers with Kim and Monroe stated they’re “the thought leadership,” and that he turned down a job at IonQ because their failure to give up their full-time professor roles indicates they’re not “100% committed,” adding that he didn’t want to wager his career on IonQ if the co-founders refuse to.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "59062d85-b961-4613-b41b-2aa0f8c4a8bf", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.9, "x": 0.05, "y": 0.82 }, "kind": "quote", "text": "I would say Jungsang's here pretty much every week... Chris, it's hard to say. That man has many, many roles... he's probably the least involved among all these other C-executives that we're talking about.", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "781665d9-8914-4814-800e-9798ea20e13b", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.2, "w": 0.9, "x": 0.05, "y": 0.42 }, "kind": "quote", "text": "I was offered a job at IonQ and I declined it... The technical leaders of the company are Chris Monroe and Jungsang Kim... they're full-time university professors. It felt to me that they weren't 100% committed to IonQ.", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "ca450c8e-3e3e-4301-9888-900a8fa7f197", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.1, "w": 0.9, "x": 0.05, "y": 0.68 }, "kind": "quote", "text": "I would really like to stress that Chris Monroe is the visionary behind the company and the technology... but it's difficult to say how often. But now, Chris joined Duke, so he's in Raleigh, North Carolina. He lives in a different city.", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f43cb89f-3414-4bd8-9676-15aa91f59062", "frameworkName": null, "frameworkSlug": null }, { "bbox": null, "kind": "quote", "text": "I was offered a job at IonQ and I declined it. I'd thought very carefully about whether I should invest my career into IonQ, which for me is a major deal. One of the reasons you may be interested in learning is, the technical leaders of the company are Chris Monroe and Jungsang Kim. And the majority of the technical employees are either graduate students or post-docs coming from Chris Monroe's or Jungsang Kim's group. What I'm trying to say is that the thought leadership belongs to Chris and Jungsang. Both Chris and Jungsang, they're full-time university professors. To me, it was very unsatisfactory that the technical leaders kept their university tenures. It felt to me that they weren't 100% committed to IonQ. I didn't want to wager my entire career on IonQ, when the two founders of the company, they did not wager their careers on the company. — Leading quantum computing researcher who has published papers with IonQ's founders", "attrs": null, "subkind": null, "toolName": "Authority citation", "toolSlug": "authority-citation", "confidence": null, "componentId": "019dd952-f5d2-7501-bd86-8b02b0045645", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.3, "x": 0.05, "y": 0.95 }, "kind": "source-note", "text": "Source: Scorpion Capital consultation calls with experts", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "bd89bf66-959d-4ba8-bed8-3acb5ff47d88", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.9, "x": 0.05, "y": 0.08 }, "kind": "title", "text": "Our interviews indicate that Monroe is “the visionary” and “main guy” behind the entire company, but only comes in “once in a while” and is “probably the least involved” among C-level executives.", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b03089b2-13a3-4458-a813-818965fa5753", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [ { "name": "fraud-exposure", "slug": null, "matchId": "f5374f7e-e071-4a74-a2cf-3aef6e06f98e", "evidence": "Uses expert testimony to highlight a contradiction between the founders' roles and their actual commitment to the company.", "confidence": 0.9 } ], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }