{
  "docId": "019de072-1f6e-7109-8d50-4e45b3936efe",
  "docSlug": "033864d6d616563cf5318ae3626e6da2",
  "documentTitle": "Blackwells Capital | Activist Presentation Deck | 65 slides",
  "authorId": "blackwells-capital",
  "authorName": "Blackwells Capital",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2022-02-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 46,
  "pageCount": 65,
  "prevPage": 45,
  "nextPage": 47,
  "slideType": "peer_benchmark",
  "function": "compare_peers",
  "density": "balanced",
  "nDataPoints": 12,
  "notes": "The slide highlights governance deficiencies by showing low prevalence of specific practices among major market indices.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de072-1f6e-7109-8d50-4e45b3936efe/46",
  "deckHref": "/decks/019de072-1f6e-7109-8d50-4e45b3936efe",
  "deckJsonHref": "/decks/019de072-1f6e-7109-8d50-4e45b3936efe.json",
  "deckAnchorHref": "/decks/019de072-1f6e-7109-8d50-4e45b3936efe#slide-46",
  "components": [
    {
      "bbox": {
        "h": 0.05,
        "w": 0.94,
        "x": 0.03,
        "y": 0.17
      },
      "kind": "callout",
      "text": "Peloton's governance is not in line with peers or market practice",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6f33ff98-c74f-4aac-b0e7-d412dafbcd9e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.18,
        "w": 0.45,
        "x": 0.52,
        "y": 0.277
      },
      "kind": "chart",
      "text": "% of Companies with a Classified Board",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0b00d4b1-7ce8-4142-8635-5bb9a87cd0ca",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.18,
        "w": 0.45,
        "x": 0.03,
        "y": 0.608
      },
      "kind": "chart",
      "text": "% of Companies with No Majority Voting Standard for Director Elections",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9eb65625-c0cd-4b0a-81ba-ccc49d729aec",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.18,
        "w": 0.45,
        "x": 0.52,
        "y": 0.608
      },
      "kind": "chart",
      "text": "% of Companies That Do Not Allow Shareholders to Call Special Meetings",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c117582b-512f-4503-8551-91b644dad3a0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.18,
        "w": 0.45,
        "x": 0.03,
        "y": 0.277
      },
      "kind": "chart",
      "text": "% of Companies with Dual-Class Shares with Unequal Voting",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f4c2f252-301b-4711-9f52-9fade08697af",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.2,
        "x": 0.17,
        "y": 0.96
      },
      "kind": "source-note",
      "text": "Source: FactSet. Note: Data as of February 4, 2022.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f209baeb-0580-45c8-b08f-43fbf7f8d1d8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.72,
        "x": 0.14,
        "y": 0.04
      },
      "kind": "title",
      "text": "PELOTON'S CORE GOVERNANCE PRACTICES ARE OUT-OF-STEP",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "16166ea4-b332-4508-af84-447ab0375d4b",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "2x2 matrix",
      "slug": "matrix-2x2",
      "agent": null,
      "layer": "slide",
      "matchId": "8926d39a-2363-4b7a-85bd-7939fdb20c05",
      "evidence": "charts/bar-vertical: comparing Peloton's governance practices to peers",
      "confidence": 0.5
    },
    {
      "name": "Slide recipe: the peer-gap chart",
      "slug": "peer-gap-chart-recipe",
      "agent": "designer",
      "layer": "slide",
      "matchId": "88df21fe-c6ec-42c1-abe7-d673d690a80f",
      "evidence": "Peloton's governance is not in line with peers or market practice",
      "confidence": 0.8
    }
  ],
  "frameworks": [
    {
      "name": "governance",
      "slug": null,
      "matchId": "9cd1884a-21a7-4d57-b881-1f4f39c95b56",
      "evidence": "Comparison of corporate governance metrics against market indices.",
      "confidence": 0.9
    }
  ],
  "arcBeats": [
    {
      "to": 54,
      "from": 43,
      "beatId": "6dfc22bb-77a1-4de9-93d4-40aaf636a7e5",
      "arcName": "Overcoming the Monster",
      "arcSlug": "overcoming-monster",
      "beatName": "The Struggle",
      "beatSlug": "overcoming-monster-the-struggle",
      "evidence": "Discussion of Peloton's Board and Governance",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Development",
      "parentBeatSlug": "development"
    }
  ],
  "loops": [
    {
      "to": 65,
      "from": 1,
      "name": "Golden Circle",
      "slug": "11-golden-circle",
      "bestFor": "Visionary leadership, brand positioning, mission statements",
      "matchId": "74a923c7-9706-414c-a2cd-ac4acf730c75",
      "evidence": "The document presents a clear and detailed critique of Peloton's management and governance",
      "position": 1,
      "objective": "To present a clear call to action",
      "structure": "The Why (Belief) -> The How (Process) -> The What (Result)",
      "confidence": 0.7,
      "description": "Invert the typical pitch by starting with why you exist, rather than what you do"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}