{
  "docId": "019dd923-622c-750b-8b9b-6ef5b0d488b8",
  "docSlug": "b900606b2182",
  "documentTitle": "J.C. Penney Company, Inc. (JCP)",
  "authorId": "01_Pershing_Square",
  "authorName": "William Ackman",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2012-05-16 00:00:00",
  "orientation": "portrait",
  "aspectRatio": 0.77272725,
  "pageNumber": 53,
  "pageCount": 64,
  "prevPage": 52,
  "nextPage": 54,
  "slideType": "transition",
  "function": "transition",
  "density": "sparse",
  "nDataPoints": 1,
  "notes": null,
  "elementsJson": [
    "headline_text"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b9b-6ef5b0d488b8/53",
  "deckHref": "/decks/019dd923-622c-750b-8b9b-6ef5b0d488b8",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b9b-6ef5b0d488b8.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-6ef5b0d488b8#slide-53",
  "components": [
    {
      "bbox": {
        "h": 0.054,
        "w": 0.57,
        "x": 0.215,
        "y": 0.463
      },
      "kind": "paragraph",
      "text": "Ron has been CEO for 106 days",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d0132084-1835-43a1-82ad-e4aa2a0c5822",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 64,
      "from": 51,
      "beatId": "7e76954f-ed93-40d4-bbef-a06711683bf7",
      "arcName": "Problem-Agitate-Solution",
      "arcSlug": "problem-agitate-solution",
      "beatName": "Business Model",
      "beatSlug": "sequoia-pitch-business-model",
      "evidence": "The document discusses the company's valuation and potential upside",
      "position": 3,
      "confidence": 0.9,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}