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  "documentTitle": "Skillz, Inc. (SKLZ)",
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  "notes": "The slide uses a quote from a former employee and a direct excerpt from Google's policy to support its bearish thesis.",
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      "text": "In the gaming industry, Skillz does not have good brand recognition. Most of the players in the industry consider them a joke.",
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      "text": "Skillz was thrown off of the Google Play store in 2013... As you can see from the examples of violations, it’s almost as if the third bullet point was written specifically for Skillz:",
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      "text": "Our conversations with former employees suggested that large studios are unwilling to touch Skillz’s platform, both because they because the Skillz platform is not robust enough to adequately handle their needs with synchronous play and international matchmaking.",
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      "text": "Despite being snubbed repeatedly, Skillz CEO Andrew Paradise continues to tout Android phones as a low-hanging $7 billion TAM expansion. We believe this is at best an exaggeration or at worst, a fiction.",
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      "text": "In our view, this explicit exclusion by Google suggests Skillz has no way in its current business model to get back onto the most popular Android store.",
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      "text": "We expect CEO Andrew Paradise to keep trying to sell his Google Play dream... We are also looking forward to hearing him attempt to explain away our report and defend SKLZ’s ridiculous Q1 and full year 2021 guidance.",
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      "text": "In the gaming industry, Skillz does not have good brand recognition. Most of the players in the industry consider them a joke. — Former Skillz employee",
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      "text": "Effective March 1, 2021. Examples of violations: Games that accept money... Apps that have navigational elements... Apps that accept or manage wagers...",
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      "text": "3. According to former employees and industry experts we spoke to, Skillz is not taken seriously by gaming industry players and is reliant on Apple’s App Store:",
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