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  "documentTitle": "Lazard | Investment Banking Pitch Book | 49 slides",
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  "authorName": "Lazard",
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  "presentationDate": "2019-08-01 00:00:00",
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  "density": "overcrowded",
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  "notes": "Includes both 'Raven (Street)' and 'Raven (Standalone)' projections; highlights reference ranges for valuation multiples.",
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      "kind": "callout",
      "text": "The public market valuation of Raven is based on the public view of Raven without the perspective of an In-Vail view",
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      "kind": "source-note",
      "text": "Source: Vail management, public company filings and FactSet as of 8/16/2019. Note: Median and quartile metrics exclude Raven.",
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