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  "documentTitle": "Kinnevik | Results Presentation Deck | 20 slides",
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  "authorName": "Kinnevik",
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  "presentationDate": "2022-04-01 00:00:00",
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  "notes": "The chart illustrates the concept of 'growing into a valuation' where initial high premiums compress over time as operational performance (ARR) catches up.",
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      "kind": "chart",
      "text": "Growing Into a Valuation (Illustrative)",
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      "kind": "paragraph",
      "text": "Provided markets remain relatively stable, we may allow companies to 'grow into' their valuation for a few quarters until the mark looks more grounded in public market valuation terms - this catching up may however be preceded by another transaction pushing the multiple horizon further into the future",
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      "kind": "title",
      "text": "WITH INVESTORS PRICING OUR BUSINESSES ON THE BASIS OF EXPECTATIONS, SIGNIFICANT VALUE UPLIFTS MAY BE FOLLOWED BY A NUMBER OF FLAT QUARTERS",
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