{
  "docId": "019de06f-a515-7234-8755-d4ff08b2a96a",
  "docSlug": "985e9e1781556c9ffdf94b3dbbcfdd3a",
  "documentTitle": "Goldman Sachs | Investment Banking Pitch Book | 46 slides",
  "authorId": "goldman-sachs",
  "authorName": "Goldman Sachs",
  "documentKindSlug": "deck",
  "documentKindLabel": "Deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2018-06-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.294673,
  "pageNumber": 40,
  "pageCount": 46,
  "prevPage": 39,
  "nextPage": 41,
  "slideType": "appendix_data",
  "function": "analyze_data",
  "density": "dense",
  "nDataPoints": 45,
  "notes": "Includes a sensitivity table for implied value at various yields.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de06f-a515-7234-8755-d4ff08b2a96a/40",
  "deckHref": "/decks/019de06f-a515-7234-8755-d4ff08b2a96a",
  "deckJsonHref": "/decks/019de06f-a515-7234-8755-d4ff08b2a96a.json",
  "deckAnchorHref": "/decks/019de06f-a515-7234-8755-d4ff08b2a96a#slide-40",
  "components": [
    {
      "bbox": {
        "h": 0.2,
        "w": 0.1,
        "x": 0.04,
        "y": 0.25
      },
      "kind": "callout",
      "text": "GP assumed NTM yield based on 2020E yield at the high end of the sensitivity range",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e075ca6f-16e8-4ff7-80bd-e3d66eeaca81",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.6,
        "x": 0.13,
        "y": 0.9
      },
      "kind": "source-note",
      "text": "Source: Arkose Management, Bloomberg market data as of 04-Jun-2018. Distributions discounted according to the mid-period convention; all values discounted to 30-Jun-2018.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a4adee5b-3b36-4bb7-83c6-792ff8da7d48",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.2,
        "w": 0.3,
        "x": 0.23,
        "y": 0.65
      },
      "kind": "table",
      "text": "Implied Value at Various Yields sensitivity table.",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "121697f7-72be-4af6-a3c7-c1c16694a985",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.38,
        "w": 0.75,
        "x": 0.13,
        "y": 0.21
      },
      "kind": "table",
      "text": "Detailed DCF-style calculation table for GP dividends and share price.",
      "attrs": null,
      "subkind": "valuation",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e52a1bb5-20e1-46c5-ae01-1fa601b1cc02",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.6,
        "x": 0.13,
        "y": 0.07
      },
      "kind": "title",
      "text": "Illustrative Present Value of Future Share Price - GP",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3c0b74a0-30d1-418e-acdb-0b098d0c8af7",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Valuation: DCF",
      "slug": "dcf",
      "agent": "architect",
      "layer": "slide",
      "matchId": "2e5d7ae1-2172-406c-bf1b-2b52cbb8d8a3",
      "evidence": "Detailed DCF-style calculation table for GP dividends and share price",
      "confidence": 0.7
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 46,
      "from": 38,
      "beatId": "38d38818-75bd-4bb8-8516-e9a4dbbc3ac1",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Appendices",
      "beatSlug": "sequoia-pitch-team",
      "evidence": "The document includes various appendices, such as cost of capital, valuation materials, and tax analysis, which can be considered as providing additional information about the team and their expertise.",
      "position": 4,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}