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  "documentTitle": "SpringOwl | Activist Presentation Deck | 99 slides",
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  "authorName": "SpringOwl",
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  "presentationDate": "2015-12-01 00:00:00",
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  "notes": "Uses a hub-and-spoke diagram to illustrate the negative outcomes of the misallocated capital.",
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      "kind": "diagram",
      "text": "Yahoo! surrounded by: Over spending on product development, Weaker core business, Less competitive, Lack of innovation, Behind on mobile race",
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      "text": "-$2.5B in value destroyed on Under-water Stock Purchases; -$3B spent on M&A Valued at Zero; -$4B spent on Product Development/R&D leading to No New Successful Products",
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      "text": "-$9.5B in Misallocated Capital Since 2012",
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      "text": "We’re really proud of our record on capital allocation – Marissa Mayer, 12/09/15",
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      "text": "Source: Company Fillings (10K) / 1. http://video.cnbc.com/gallery/?video=3000464388",
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      "text": "$10 Billion in Misallocated Capital Is A Poor Choice",
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