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  "documentTitle": "DraftKings | Results Presentation Deck | 18 slides",
  "authorId": "draftkings",
  "authorName": "DraftKings",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-02-01 00:00:00",
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  "pageNumber": 17,
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  "nDataPoints": 35,
  "notes": "The slide uses a table to reconcile share counts from 2020 to 2024E, highlighting the impact of various activities on share dilution.",
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  "slideHref": "/slides/019de074-5723-763f-98a7-9fa4a65c617f/17",
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      "kind": "callout",
      "text": "The 75th percentile vesting burn rate from SBC for the last three years for our peer group(3) is 4.4%",
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      "kind": "disclaimer",
      "text": "Totals may not sum due to rounding. (1) Includes M&A activity and common stock offerings. (2) Based on management achieving 100% payout on long-term equity incentive plan; excluding potential share repurchases. (3) Peer group from our 2022 definitive proxy statement includes: CarGurus, Chegg, Churchill Downs, Coupa Software, DocuSign, Electornic Arts, Etsy, HubSpot, Lyft, Rapid7, Roku, Snap, Take-Two, The Trade Desk, Twittter, Zscaler, and Zynga. Slack and Grubhub were not included in peer group calculation as a result of being acquired. (4) CAGR is calculated as 3-year prior beginning shares plus transaction activity, vesting activity, stock options exercised, and warrants exercised divided by 3-year prior beginning shares plus transaction activity, raised to the power of 1/3, minus 1.",
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      "text": "Historical and Projected Common Shares Outstanding table",
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      "kind": "title",
      "text": "Share Dilution Due to SBC Expected to be <75th Percentile of Peer Group in 2023 and 2024",
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      "evidence": "Compares internal share dilution metrics against a peer group benchmark.",
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      "arcName": "Rags to Riches",
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