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  "documentTitle": "Blackwells Capital | Activist Presentation Deck | 65 slides",
  "authorId": "blackwells-capital",
  "authorName": "Blackwells Capital",
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  "presentationDate": "2022-02-01 00:00:00",
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  "notes": "Uses a tornado-style bar chart to show valuation ranges against a current stock price anchor.",
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      "kind": "chart",
      "text": "Illustrative Value of Peloton Using Myriad Valuation Metrics",
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      "text": "Key M&A Assumptions",
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      "text": "Source: Company filings and consensus data per Capital IQ. Source: Company closing stock price trading session as of February 4, 2022, per Bloomberg. * Assumes $375 million of SG&A savings at 15x, split two-thirds to Peloton shareholders.",
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      "kind": "title",
      "text": "FAIR VALUE FOR PELOTON IN A SALE IS AT LEAST $65 PER SHARE",
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      "structure": "The Why (Belief) -> The How (Process) -> The What (Result)",
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      "description": "Invert the typical pitch by starting with why you exist, rather than what you do"
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