{
  "docId": "019de50f-aac3-7057-a0e7-28f50125ebd9",
  "docSlug": "4d3e4c01dd89a1f6781ecafecd20d425",
  "documentTitle": "a16z | Educational Presentation Deck | 62 slides",
  "authorId": "a16z",
  "authorName": "a16z",
  "documentKindSlug": "deck",
  "documentKindLabel": "Deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2020-05-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 19,
  "pageCount": 62,
  "prevPage": 18,
  "nextPage": 20,
  "slideType": "thesis_headline",
  "function": "present_framework",
  "density": "dense",
  "nDataPoints": 0,
  "notes": "The chart illustrates the inverse relationship between token upside and network size compared to traditional network utility.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de50f-aac3-7057-a0e7-28f50125ebd9/19",
  "deckHref": "/decks/019de50f-aac3-7057-a0e7-28f50125ebd9",
  "deckJsonHref": "/decks/019de50f-aac3-7057-a0e7-28f50125ebd9.json",
  "deckAnchorHref": "/decks/019de50f-aac3-7057-a0e7-28f50125ebd9#slide-19",
  "components": [
    {
      "bbox": {
        "h": 0.14,
        "w": 0.23,
        "x": 0.71,
        "y": 0.06
      },
      "kind": "callout",
      "text": "BEFORE BLOCKCHAIN: The larger the network, the more present value to each user",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0ef73c96-e4e7-49a4-a2b4-943ba8f7b827",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.14,
        "w": 0.23,
        "x": 0.36,
        "y": 0.06
      },
      "kind": "callout",
      "text": "AFTER BLOCKCHAIN: The smaller the network, the more potential future value for each user",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d696b245-46da-40b8-a5b9-ed79f50d48eb",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.65,
        "w": 0.58,
        "x": 0.36,
        "y": 0.25
      },
      "kind": "chart",
      "text": "Comparison of token upside vs network utility over network size",
      "attrs": null,
      "subkind": "line",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "384a019c-56e2-49c8-b1c6-3cc16be15a45",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.27,
        "x": 0.04,
        "y": 0.51
      },
      "kind": "paragraph",
      "text": "Why? Because token upside is inversely proportional to network effect. You can now give early adopters an equity-like stake in the network to reward them for inviting others.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "178c3744-ee93-4b22-99ba-512bf27c7399",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.92,
        "x": 0.04,
        "y": 0.93
      },
      "kind": "source-note",
      "text": "©2020 Andreessen Horowitz. All rights reserved worldwide. Charts provided herein are for informational purposes only and should not be relied upon as investment advice; past performance is not indicative of future results",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7111b9e5-e072-4c42-a3dc-418ff45187c4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.07,
        "w": 0.25,
        "x": 0.04,
        "y": 0.37
      },
      "kind": "title",
      "text": "Blockchains break network effects",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "fcffe11e-b743-4624-bc41-44f2e1a20267",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Chart Selection Guide",
      "slug": "chart-selection-guide",
      "agent": "Designer",
      "layer": "slide",
      "matchId": "185ad7d9-9888-4615-a32f-de090edfd77e",
      "evidence": "chart/line: Comparison of token upside vs network utility over network size",
      "confidence": 0.6
    }
  ],
  "frameworks": [
    {
      "name": "network-effects-flywheel",
      "slug": null,
      "matchId": "24a18dc6-55b2-46c3-8968-7eb50b877e00",
      "evidence": "The slide explicitly discusses network effects and how they are impacted by blockchain tokenomics.",
      "confidence": 0.9
    }
  ],
  "arcBeats": [],
  "loops": [
    {
      "to": 62,
      "from": 1,
      "name": "Golden Circle",
      "slug": "11-golden-circle",
      "bestFor": "Visionary leadership, brand positioning, mission statements",
      "matchId": "9e4616d1-06dd-4273-ab05-93dd6429ba7e",
      "evidence": "The deck uses a golden circle framework to explain the technology and its applications",
      "position": 0,
      "objective": "To understand the potential applications of blockchain technology",
      "structure": "The Why (Belief) -> The How (Process) -> The What (Result)",
      "confidence": 0.8,
      "description": "Invert the typical pitch by starting with why you exist, rather than what you do"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}