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  "documentTitle": "Fastly | Investor Presentation Deck | 26 slides",
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  "notes": "Includes a flywheel diagram illustrating the relationship between customers, volume, and cost efficiency.",
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      "kind": "chart",
      "text": "Non-GAAP Gross Margin historical performance from CY 2018 to Q4 2020",
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      "text": "* including D&A and SBC, please see appendix for reconciliation of Non-GAAP to GAAP metrics",
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      "text": "Levers include: Bandwidth continues to be largest variable contributor to Cost of Revenue; People / Colocation expected to grow at slower rate than bandwidth / D&A as we reach global coverage; Increased peering drives reduction in transit costs",
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