{
  "docId": "019de511-4156-7204-8d77-ebd39fdb0324",
  "docSlug": "d5352b66e6f1317c187cf0ae8ec8d5df",
  "documentTitle": "Vacasa | SPAC Presentation Deck | 82 slides",
  "authorId": "vacasa",
  "authorName": "Vacasa",
  "documentKindSlug": "deck",
  "documentKindLabel": "Deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2021-07-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 50,
  "pageCount": 82,
  "prevPage": 49,
  "nextPage": 51,
  "slideType": "key_takeaways",
  "function": "present_solution",
  "density": "dense",
  "nDataPoints": 6,
  "notes": "The chart shows a negative initial investment followed by increasing cumulative contributions.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de511-4156-7204-8d77-ebd39fdb0324/50",
  "deckHref": "/decks/019de511-4156-7204-8d77-ebd39fdb0324",
  "deckJsonHref": "/decks/019de511-4156-7204-8d77-ebd39fdb0324.json",
  "deckAnchorHref": "/decks/019de511-4156-7204-8d77-ebd39fdb0324#slide-50",
  "components": [
    {
      "bbox": {
        "h": 0.55,
        "w": 0.52,
        "x": 0.105,
        "y": 0.265
      },
      "kind": "chart",
      "text": "Illustrative return per home onboarded via portfolio approach",
      "attrs": null,
      "subkind": "bar-stacked",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5a016278-e472-448a-9cb5-7aeb485bd4d0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.45,
        "w": 0.23,
        "x": 0.717,
        "y": 0.305
      },
      "kind": "list",
      "text": "Key benefits of portfolio strategy: Enter new markets with immediate scale; Build market density at faster rate to increase margins; Gain high performing inventory that are often seasoned rentals; Drive immediate value creation through income uplift on new units",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "676ab818-eed8-40c8-ac3b-697469ff82e7",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.48,
        "x": 0.045,
        "y": 0.905
      },
      "kind": "source-note",
      "text": "Note: Assumes 4.6 year estimated lifetime consistent with historical churn. 1 Total investment per unit assumes 1.5x seller's 2021E average net revenue of ~$15,600 per unit, discounted 10% for negotiated contingencies. 2 Reflects projected contribution per unit for 2021E portfolio additions",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8791c845-f90b-4d0d-b860-cb113ffbfffc",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.035,
        "w": 0.594,
        "x": 0.203,
        "y": 0.115
      },
      "kind": "title",
      "text": "Our portfolio transactions have an IRR of ~25%.",
      "attrs": null,
      "subkind": "action-title",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "28906170-202e-4b24-9f4e-5870616bd6f9",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Waterfall chart",
      "slug": "waterfall-chart",
      "agent": null,
      "layer": "slide",
      "matchId": "0bf787b2-a486-46b6-aeca-86253f20c2fb",
      "evidence": "chart/bar-stacked: Illustrative return per home onboarded via portfolio approach",
      "confidence": 0.7
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 56,
      "from": 45,
      "beatId": "2edd54dd-f425-4662-9d6d-dbdf6378362f",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Financials",
      "beatSlug": "sequoia-pitch-financials",
      "evidence": "The deck presents financial highlights, transaction economics, and a financial snapshot.",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}