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  "documentTitle": "Qatalyst Partners | Investment Banking Pitch Book | 27 slides",
  "authorId": "qatalyst-partners",
  "authorName": "Qatalyst Partners",
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  "presentationDate": "2012-08-01 00:00:00",
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  "nDataPoints": 120,
  "notes": "Includes a callout box highlighting premiums to current and unaffected stock prices.",
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      "kind": "callout",
      "text": "11% premium to current price of $32.32 as of August 6, 2012. 59% premium to unaffected price of $22.63 as of June 5, 2012.",
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      "text": "Arbor Analyst Recommendations / Stock Price Since First Analyst Estimates",
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      "text": "Source: Capital IQ and Wall Street Research. All estimates are Non-GAAP projections...",
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      "text": "Table of analyst estimates including Price Target, Growth Rate, Net Sub Adds, Revenue, Adj. EBITDA, Adj. EBITDA Mgn, Non-GAAP EPS, and Valuation Methodology.",
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      "text": "Summary of Analyst Estimates",
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      "arcName": "The Sequoia Pitch",
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      "evidence": "NTM Revenue Multiples Over Time, Operating Statistics",
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      "structure": "The Why (Belief) -> The How (Process) -> The What (Result)",
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