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  "documentTitle": "Qatalyst Partners | Investment Banking Pitch Book | 26 slides",
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  "authorName": "Qatalyst Partners",
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  "notes": "The slide compares three valuation scenarios (implied share prices of $22.63, $29.49, and $32.00) against various financial benchmarks.",
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      "kind": "paragraph",
      "text": "Adjusted Street Case projections adjusted to include Arbor Management estimates for Archives.com in all periods.",
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      "text": "Archives.com Metrics (4): 1/1-8/17/12 Revenue: $13MM, CY12E Revenue: $21MM, NTM Revenue: $24MM, CY13E Revenue: $30MM. 1/1-8/17/12 Adj. EBITDA: ($2MM), CY12E Adj. EBITDA: ($2MM), NTM Adj. EBITDA: ($1MM), CY13E Adj. EBITDA: $0MM",
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      "text": "Management Case projections adjusted to include Arbor Management estimates for Archives.com prior to August 17, 2012.",
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      "text": "Note: current market prices as of October 17, 2012. (1) Common shares outstanding... (2) Arbor Adjusted Street Case... (3) NTM represents... (4) Arbor Management Case...",
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      "text": "Table showing Implied Transaction Premium, Implied Valuation & Multiples, Adjusted Street Case, and Management Case.",
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