{
  "docId": "019de511-4f44-7167-8cab-0b979eba3429",
  "docSlug": "8cad11128b15f4dbbf2f53db800bc745",
  "documentTitle": "Cannae | SPAC Presentation Deck | 28 slides",
  "authorId": "cannae",
  "authorName": "Cannae Holdings, Inc.",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2021-08-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 8,
  "pageCount": 28,
  "prevPage": 7,
  "nextPage": 9,
  "slideType": "key_messages",
  "function": "present_framework",
  "density": "dense",
  "nDataPoints": 1,
  "notes": "The slide uses a simple additive framework to define investment strategy.",
  "elementsJson": null,
  "metadataConfidence": 0.95,
  "imagePath": null,
  "slideHref": "/slides/019de511-4f44-7167-8cab-0b979eba3429/8",
  "deckHref": "/decks/019de511-4f44-7167-8cab-0b979eba3429",
  "deckJsonHref": "/decks/019de511-4f44-7167-8cab-0b979eba3429.json",
  "deckAnchorHref": "/decks/019de511-4f44-7167-8cab-0b979eba3429#slide-8",
  "components": [
    {
      "bbox": {
        "h": 0.55,
        "w": 0.08,
        "x": 0.25,
        "y": 0.35
      },
      "kind": "image",
      "text": "Portfolio company logos: Fidelity National Financial, Black Knight, FIS, Dun & Bradstreet, Ceridian, Paysafe, Alight",
      "attrs": null,
      "subkind": "logo-grid",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ffe56bdb-acbc-429c-b31a-0cd08829b690",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.3,
        "w": 0.3,
        "x": 0.35,
        "y": 0.3
      },
      "kind": "list",
      "text": "Essential Utilities: Critical infrastructure, Deeply embedded, Connecting tissue, Strong IP/trade secrets, Market leaders",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "607115b5-4a32-4a91-8db5-2857efeae252",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.3,
        "w": 0.3,
        "x": 0.67,
        "y": 0.3
      },
      "kind": "list",
      "text": "Unseen Potential for Growth: Long-term revenue growth, Industry leading margins, Improved adjusted operating margins by ~1,050 bps",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "82839d90-2e54-4687-8b47-deafbbfe2108",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.6,
        "w": 0.3,
        "x": 0.03,
        "y": 0.3
      },
      "kind": "list",
      "text": "Significant Market Share: Largest title insurer, Leading provider of software/data, Major provider of tech solutions, Global provider of business decision data, Leading HCM company, Market leader in payments, Leading provider of cloud-based solutions",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9f6a8468-eb58-4c46-afc3-7843d05e66e1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.9,
        "x": 0.05,
        "y": 0.15
      },
      "kind": "paragraph",
      "text": "Compelling industry dynamics + Sustainable growth opportunities + High recurring cash flow with long-term contracts",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3bd8af50-2f8b-4204-af8f-5c5cf61c643f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.45,
        "x": 0.05,
        "y": 0.05
      },
      "kind": "title",
      "text": "Foley focuses on recurring investment themes",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "919eb4fb-e179-4fd9-8614-f816170e05da",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "logical-chain",
      "slug": null,
      "matchId": "a98c0b5a-50fb-4f69-849e-29de27b51695",
      "evidence": "The slide presents a formulaic approach to investment strategy (A + B + C = Success).",
      "confidence": 0.8
    }
  ],
  "arcBeats": [
    {
      "to": 9,
      "from": 5,
      "beatId": "582d6540-20d2-4ad5-97fe-2199be043ab0",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Solution",
      "beatSlug": "sequoia-pitch-solution",
      "evidence": "Team bio, value creation playbook, and traction",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Turn",
      "parentBeatSlug": "turn"
    }
  ],
  "loops": [
    {
      "to": 9,
      "from": 3,
      "name": "Logic Chain",
      "slug": "01-logic-chain",
      "bestFor": "Skeptical audiences, controversial recommendations, rigorous analysis",
      "matchId": "948ea67a-231a-4383-9c7e-abdd3e012a34",
      "evidence": "The deck presents a clear logic chain from problem to solution",
      "position": 0,
      "objective": "Understand the value creation potential",
      "structure": "Premise 1 (Accepted truth) -> Premise 2 (Observed fact) -> Therefore... (Inevitable conclusion)",
      "confidence": 0.7,
      "description": "Build an airtight chain of logic where each premise leads inevitably to the conclusion"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}