{
  "docId": "019dd923-622c-750b-8b9a-4b91788fc785",
  "docSlug": "5fadb686cc03",
  "documentTitle": "Twist Bioscience (TWST)",
  "authorId": "58_Scorpion_Capital",
  "authorName": "Scorpion Capital",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2022-11-15 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.2941177,
  "pageNumber": 84,
  "pageCount": 236,
  "prevPage": 83,
  "nextPage": 85,
  "slideType": "expose_contradiction",
  "function": "expose_contradiction",
  "density": "dense",
  "nDataPoints": 2,
  "notes": "The slide highlights the contradiction between the company's claims of high-tech automation and the reality of manual, labor-intensive lab work.",
  "elementsJson": [
    "paragraph",
    "quote_block"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b9a-4b91788fc785/84",
  "deckHref": "/decks/019dd923-622c-750b-8b9a-4b91788fc785",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b9a-4b91788fc785.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b9a-4b91788fc785#slide-84",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "But building the pipeline, you're right; it was definitely hard to keep track of.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd953-0932-77cf-bfea-568cdaed2f2d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.9,
        "x": 0.05,
        "y": 0.35
      },
      "kind": "paragraph",
      "text": "Manufacturing process is based on standard, manual lab work; multiple shifts with large numbers of people; \"very hard to keep track\" and \"keep count\"",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0c16f718-a558-40e7-8d8e-fcada4ef01f3",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.45,
        "w": 0.9,
        "x": 0.05,
        "y": 0.42
      },
      "kind": "quote",
      "text": "Q: \"So, this all sounds like very manual, traditional laboratory work at that stage.\"\nA: \"That part is, yeah.\"\nQ: \"So, you have these tiny, little volumes. To amplify, how many hours does it take to amplify a sample?\"\nA: \"To get them grown, all these cells are grown with the appropriate DNA inside; it takes about 16 hours...We use 100 ml flasks, and they'll sit in a shaking incubator at a certain temperature, and it'll look clear the morning before...\"\nQ: \"And how many people was the amplification group?\"\nA: \"We established four shifts and five people on each shift, so 20 people with four team leads.\"\nQ: \"How many orders would each shift amplify/process?\"\nA: \"It's very hard to keep count. Thousands and thousands, an endless Excel list.\"\nQ: \"Did you guys make errors or mess up orders? It sounds like a lot to keep track of.\"\nA: \"It's definitely a lot to keep track of. I would create things like tracker sheets, and we have a lot of really sophisticated interfaces to keep everything in order. But building the pipeline, you're right; it was definitely hard to keep track of.\" - Ex-Twist employee in a manufacturing role",
      "attrs": null,
      "subkind": "testimonial",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2b5efd14-d4c4-479a-a048-7f097e2fb2a0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "quote",
      "text": "“We established four shifts and five people on each shift, so 20 people with four team leads.” — Ex-Twist employee in a manufacturing role",
      "attrs": null,
      "subkind": null,
      "toolName": "Authority citation",
      "toolSlug": "authority-citation",
      "confidence": null,
      "componentId": "019dd953-0932-77cf-bfea-5ba9cde37771",
      "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": "f89fe284-0195-4454-a159-f9aef9375003",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.9,
        "x": 0.05,
        "y": 0.08
      },
      "kind": "title",
      "text": "The chip's inability to make sufficient amounts of DNA vs. traditional methods, and the need for additional, time consuming, expensive steps to amplify the material into usable quantities for orders is a second critical bottleneck and fatal flaw, on top of the multi-day delays while batching orders to fill up a chip. An ex-employee outlined the multiple shifts and large numbers of people involved in the amplification process.",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c065d9a5-26bb-4d28-90bb-2740df1ab66f",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "antagonist-introduction",
      "slug": null,
      "matchId": "4acf50c3-23d3-4b54-8169-0b1c62ab8c7e",
      "evidence": "Uses ex-employee testimony to frame the company's process as a 'fatal flaw'.",
      "confidence": 0.8
    }
  ],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}