{
  "docId": "019de50e-936b-7267-96de-150fae702d4f",
  "docSlug": "3ebb722b132c55caf8bf5370936e6c4b",
  "documentTitle": "Qatalyst Partners | Investment Banking Pitch Book | 26 slides",
  "authorId": "qatalyst-partners",
  "authorName": "Qatalyst Partners",
  "documentKindSlug": "deck",
  "documentKindLabel": "Deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2012-10-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3324081,
  "pageNumber": 26,
  "pageCount": 26,
  "prevPage": 25,
  "nextPage": null,
  "slideType": "appendix_data",
  "function": "analyze_data",
  "density": "dense",
  "nDataPoints": 64,
  "notes": "Includes detailed footnotes regarding projection sources and valuation methodology.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de50e-936b-7267-96de-150fae702d4f/26",
  "deckHref": "/decks/019de50e-936b-7267-96de-150fae702d4f",
  "deckJsonHref": "/decks/019de50e-936b-7267-96de-150fae702d4f.json",
  "deckAnchorHref": "/decks/019de50e-936b-7267-96de-150fae702d4f#slide-26",
  "components": [
    {
      "bbox": {
        "h": 0.12,
        "w": 0.84,
        "x": 0.11,
        "y": 0.725
      },
      "kind": "disclaimer",
      "text": "(1) Adjusted Arbor Street Case projections based on consensus analyst estimates as of October 17, 2012. Includes Arbor Management estimates for Archives.com. (2) Arbor Management Case projections based on Arbor Management (2013 projections as of May 2012, 2012 forecast as of October 2012). Includes Arbor Management estimates for Archives.com. (3) Based on Arbor price of $22.63 as of June 5, 2012 (prior to Bloomberg article). (4) Based on Arbor current stock price of $29.49 as of October 17, 2012.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "03587d8b-844f-4119-9108-0082b419eb1b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.84,
        "x": 0.11,
        "y": 0.68
      },
      "kind": "disclaimer",
      "text": "Note: Balance sheet items based on Arbor Management for the period ended September 30, 2012. Common shares outstanding, options and RSUs based on Arbor Management as of October 2012. Assumes treasury stock method treatment of options.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "af7839e1-384f-4a8f-b0e8-235b0036de8b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.45,
        "w": 0.22,
        "x": 0.73,
        "y": 0.205
      },
      "kind": "table",
      "text": "Arbor Multiples table",
      "attrs": null,
      "subkind": "kpi",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4c081f75-6c17-40c1-b376-d96aa88ae31f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.55,
        "w": 0.58,
        "x": 0.11,
        "y": 0.205
      },
      "kind": "table",
      "text": "Arbor Selected Companies Valuation table",
      "attrs": null,
      "subkind": "valuation",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "adbe77bc-6f07-4109-a54a-ecb1ac9ae7e7",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.45,
        "x": 0.11,
        "y": 0.08
      },
      "kind": "title",
      "text": "Illustrative Selected Companies Analysis",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e09fa8e7-a104-4150-b375-20c734c62779",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}