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  "documentTitle": "Moelis & Company | Investment Banking Pitch Book | 24 slides",
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  "presentationDate": "2016-05-01 00:00:00",
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  "notes": "Includes a peer benchmarking table for beta and debt metrics, and a sensitivity analysis table for WACC based on debt/total cap and unlevered beta.",
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      "text": "Key assumptions including equity risk premium, Treasury yield, size premium, tax rate, and pre-tax cost of debt.",
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      "text": "Source: Bloomberg, Capital IQ, Selected Public SaaS Company Filings, Duff & Phelps 2016 Valuation Handbook, U.S. Department of the Treasury. Notes: Values as of 5/23/16. 1: Bloomberg adjusted beta. 2: Unlevered adjusted beta formula.",
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