{
  "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": 84,
  "pageCount": 183,
  "prevPage": 83,
  "nextPage": 85,
  "slideType": "quote_slide",
  "function": "expose_contradiction",
  "density": "dense",
  "nDataPoints": 0,
  "notes": "The slide uses a 'villain critique' approach by leveraging an expert's voice to undermine the company's technical credibility and ethical standing.",
  "elementsJson": [
    "paragraph",
    "quote_block",
    "footnote"
  ],
  "metadataConfidence": 0.95,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b9a-1cc056790523/84",
  "deckHref": "/decks/019dd923-622c-750b-8b9a-1cc056790523",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b9a-1cc056790523.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b9a-1cc056790523#slide-84",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "The critique was something like, how can you guys be selling devices you’re calling quantum computers when the only problems you can solve with these devices are essentially trivial?",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-f5d2-7501-bd7f-6c9c72a4165f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.9,
        "x": 0.05,
        "y": 0.65
      },
      "kind": "quote",
      "text": "IonQ's machine can only run calculations so \"trivial\" that \"you can almost do them in your head\"... raised everybody's eyebrows... especially jarring given that Monroe himself has been very critical of D-Wave... how can you guys be selling devices you're calling quantum computers when the only problems you can solve with these devices are essentially trivial?",
      "attrs": null,
      "subkind": "testimonial",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c2ec9c4e-f2d8-409b-bb7d-04e8f51c7392",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.9,
        "x": 0.05,
        "y": 0.35
      },
      "kind": "quote",
      "text": "Quantum computing hype doesn't match reality and IonQ's hardware is immature; prone to errors and decoherence... There are a lot of promises regarding what it can deliver, and there's a big gap with respect to the reality... maturity of the hardware... decoherence and the need for quantum error correction",
      "attrs": null,
      "subkind": "testimonial",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ce364c08-1e03-473d-856b-a191b710c026",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "quote",
      "text": "“I’ve known Monroe and Kim for probably about 20 years... Quantum computing currently is absolutely going through a major hype phase. There’s no question about that. There are a lot of promises regarding what it can deliver, and there’s a big gap with respect to the reality of what’s actually out there.” — Leading quantum computing scientist",
      "attrs": null,
      "subkind": null,
      "toolName": "Authority citation",
      "toolSlug": "authority-citation",
      "confidence": null,
      "componentId": "019dd952-f5d2-7501-bd7f-720d3edc2e39",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "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": "dfff7dc5-37a4-4b6c-935a-a02dad806a5d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.9,
        "x": 0.05,
        "y": 0.08
      },
      "kind": "title",
      "text": "A leading quantum computing scientist who has known IonQ’s founders for 20 years described the hype as massively divorced from reality and laundry-listed the problems with IonQ’s hardware, such as its immaturity and issues with decoherence and high error rates. He described the calculations their computer could do as trivial that you don’t even need a pocket calculator – that you could almost do them in your head. He stated that their SPAC raised “everybody’s eyebrows” in the field, and described co-founder Monroe’s hypocrisy as jarring, given his previous criticism of quantum hype from sketchy companies like D-Wave.",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "af39dcf2-57bd-4506-b5fc-d097d56e80d3",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "antagonist-introduction",
      "slug": null,
      "matchId": "e1347fba-9779-41f7-a705-40b948b010b8",
      "evidence": "The slide frames the founders as hypocritical and the company as a purveyor of hype.",
      "confidence": 0.85
    }
  ],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}