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  "documentTitle": "Altair US LLC | Activist Presentation Deck | 16 slides",
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  "authorName": "Altair US, LLC",
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  "presentationDate": "2022-09-01 00:00:00",
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  "notes": "The slide uses a numbered callout system (1, 2, 3) to link specific critiques to the data presented in the chart and table.",
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      "kind": "chart",
      "text": "U.S. Public Software All-Cash Transaction >$1bn Since 2012",
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      "kind": "list",
      "text": "1. Avalara appears to be using an inaccurate revenue multiple... 2. Again, Avalara appears to be using a 10-year look-back period... 3. The universe of comparable transactions... is, in our view, far too broad...",
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      "kind": "source-note",
      "text": "Source: FactSet and Company filings. Data as of August 5, 2022...",
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      "kind": "table",
      "text": "Total Transaction Value / NTM EBITDA calculation table",
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      "kind": "title",
      "text": "Avalara Appears to Present an Inaccurate Revenue Multiple",
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