{
  "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": 34,
  "pageCount": 183,
  "prevPage": 33,
  "nextPage": 35,
  "slideType": "expose_contradiction",
  "function": "expose_contradiction",
  "density": "dense",
  "nDataPoints": 0,
  "notes": "Uses a 'hypocrisy' or 'contradiction' framing to undermine credibility.",
  "elementsJson": [
    "paragraph",
    "quote_block",
    "screenshot"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b9a-1cc056790523/34",
  "deckHref": "/decks/019dd923-622c-750b-8b9a-1cc056790523",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b9a-1cc056790523.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b9a-1cc056790523#slide-34",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "In a 2012 talk, he admitted that having “only about 15 qubits” isn’t useful – yet IonQ’s only machine appears to be an 11-qubit toy.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-f5d2-7501-bd7b-6c10da3aec33",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.2,
        "x": 0.05,
        "y": 0.78
      },
      "kind": "image",
      "text": "YouTube video thumbnail of 2012 lecture",
      "attrs": null,
      "subkind": "screenshot",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7d5e93c9-911a-4a2e-8417-010fa3dc2529",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.4,
        "w": 0.9,
        "x": 0.05,
        "y": 0.45
      },
      "kind": "list",
      "text": "In 2013, Chris Monroe criticized an alleged quantum computing scam. In 2019 prior to the SPAC, Monroe warned of quantum hype. In 2012 lecture on ion trapping, Monroe admitted that 15 qubits isn't useful.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "531e45d5-d93c-4203-ac62-ceef72f12905",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.9,
        "x": 0.05,
        "y": 0.25
      },
      "kind": "paragraph",
      "text": "Leading researchers wryly noted that he was one of the leading voices wagging a finger at D-Wave... Monroe called it 'salesmanship' and 'not exactly science.'... In a 2012 talk, he admitted that having 'only about 15 qubits' isn't useful – yet IonQ's only machine appears to be an 11-qubit toy.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f20d8c06-fdaa-4d1b-a4ad-6270eb0ea407",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "quote",
      "text": "\"It's not exactly science, what they're doing,\" says Christopher Monroe... \"It's high-level engineering, and I think it's high-level salesmanship, too\"... \"There's no evidence that what they're doing has anything to do with quantum mechanics,\" he says. — Christopher Monroe (2013). \"The big quantum computing discoveries that will most impact society are still years away. In the meantime, we will see breathless announcements of records broken... But too much hype risks disillusionment that may slow the progress.\" — Christopher Monroe (2019). \"The field is still waiting for something that's useful and having only about 15 qubits is maybe not so useful.\" — Christopher Monroe (2012).",
      "attrs": null,
      "subkind": null,
      "toolName": "Authority citation",
      "toolSlug": "authority-citation",
      "confidence": null,
      "componentId": "019dd952-f5d2-7501-bd7b-7085917a112a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.7,
        "x": 0.05,
        "y": 0.95
      },
      "kind": "source-note",
      "text": "Source: Scorpion Capital consultation calls with experts; NPR article; The Quantum Insider article.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ae030ab0-4b7a-4a84-a283-6d72c44a8266",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.9,
        "x": 0.05,
        "y": 0.08
      },
      "kind": "title",
      "text": "The pre-SPAC Chris Monroe appears to be a different figure than the one with tens of millions in stock.",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "106f527e-33cf-43b8-b429-2763bcaf5f72",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "ceo-quote-contradiction",
      "slug": null,
      "matchId": "6c6e664d-7b30-482c-9b0e-6edb47e548e4",
      "evidence": "Contrasting past statements with current company status",
      "confidence": 1
    }
  ],
  "arcBeats": [
    {
      "to": 40,
      "from": 21,
      "beatId": "339bb186-3f92-4c30-87ab-74a0f5359f8b",
      "arcName": "Overcoming the Monster",
      "arcSlug": "overcoming-monster",
      "beatName": "The Struggle to Overcome Technical Challenges",
      "beatSlug": null,
      "evidence": "The deck describes the technical challenges faced by IonQ, including the difficulties of scaling its technology.",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": null,
      "parentBeatSlug": null
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}