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  "docSlug": "340e94a59fc0",
  "documentTitle": "IonQ Inc. (IONQ)",
  "authorId": "58_Scorpion_Capital",
  "authorName": "Scorpion Capital",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2022-05-03 00:00:00",
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  "notes": "Uses an ex-employee quote to frame the current CEO as a promoter rather than a technical leader.",
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      "kind": "callout",
      "text": "I guess he wasn't hype enough. And then this guy came in and just set up a SPAC, just to go public.",
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      "kind": "image",
      "text": "Current IonQ CEO, Peter Chapman",
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      "text": "IonQ is based in Maryland and was founded by two professors, Chris Monroe and Jungsang Kim, who are Chief Scientist and CTO, respectively. Ex-employees indicate they still run the show despite rarely showing up, along with an absentee, figurehead CEO based in Seattle with no grasp of quantum computing. Tellingly, neither Monroe or Kim has left his full-time university role or the teaching load, grad students, and research labs involved. Although IonQ was only founded in 2016, it already seems to be on its third CEO. The first appears to be a physics PhD who only lasted two years. An ex-employee opined that he was fired because he \"avoided the quantum hype\"; \"I guess he wasn't hype enough. And then this guy came in and just set up a SPAC.\"",
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      "kind": "quote",
      "text": "Ex-employee opines that previous CEO was fired because he wasn't promotional enough \"I thought Dave Moehring ran things very well. I was shocked to hear that he was fired. I thought he was a great CEO when I was there. He was one of the main people who avoided the quantum hype. He was very grounded in what we can do and what they should pitch that they're doing. I guess he wasn't hype enough. And then this guy came in and just set up a SPAC, just to go public. I can imagine people would be concerned about that.\" - Ex-IonQ employee, member of technical staff",
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      "kind": "quote",
      "text": "I thought Dave Moehring ran things very well. I was shocked to hear that he was fired. I thought he was a great CEO when I was there. He was one of the main people who avoided the quantum hype. He was very grounded in what we can do and what they should pitch that they're doing. I guess he wasn't hype enough. And then this guy came in and just set up a SPAC, just to go public. I can imagine people would be concerned about that. — Ex-IonQ employee, member of technical staff",
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      "kind": "source-note",
      "text": "Source: screenshot from https://www.youtube.com/watch?v=FiaACOJ74s8; Scorpion Capital consultation calls with experts",
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      "arcName": "Overcoming the Monster",
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