{
  "docId": "019de514-81b5-74eb-8e64-6d136dba7fa3",
  "docSlug": "a841b7c0f329decdf4fc5824633ff5c1",
  "documentTitle": "Bakkt | Mergers and Acquisitions Presentation Deck | 13 slides",
  "authorId": "bakkt",
  "authorName": "Bakkt",
  "documentKindSlug": "deck",
  "documentKindLabel": "Deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2022-11-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 6,
  "pageCount": 13,
  "prevPage": 5,
  "nextPage": 7,
  "slideType": "thesis_headline",
  "function": "establish_context",
  "density": "balanced",
  "nDataPoints": 0,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de514-81b5-74eb-8e64-6d136dba7fa3/6",
  "deckHref": "/decks/019de514-81b5-74eb-8e64-6d136dba7fa3",
  "deckJsonHref": "/decks/019de514-81b5-74eb-8e64-6d136dba7fa3.json",
  "deckAnchorHref": "/decks/019de514-81b5-74eb-8e64-6d136dba7fa3#slide-6",
  "components": [
    {
      "bbox": {
        "h": 0.16,
        "w": 0.642,
        "x": 0.179,
        "y": 0.401
      },
      "kind": "image",
      "text": "Bakkt + APEX Crypto",
      "attrs": null,
      "subkind": "logo",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "774531cc-5438-4d76-a446-f1e5a6c1c607",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.102,
        "w": 0.629,
        "x": 0.19,
        "y": 0.702
      },
      "kind": "paragraph",
      "text": "Will create a robust combination of broad digital asset capabilities on a secure, institutional-grade, compliance-focused technology platform, with expansive scalability",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a1af6b12-f4e6-471e-8e77-1569605ecbc0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.016,
        "w": 0.202,
        "x": 0.11,
        "y": 0.913
      },
      "kind": "source-note",
      "text": "Note: Acquisition is subject to regulatory approval",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9663329f-79a0-436c-8ccd-c7014e33489d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.139,
        "w": 0.869,
        "x": 0.062,
        "y": 0.099
      },
      "kind": "title",
      "text": "Acquiring Apex Crypto is expected to accelerate our strategy",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "df15b2dd-de1f-470e-a43d-43c9f478ff7f",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 9,
      "from": 6,
      "beatId": "6e2dbc26-095d-4bcf-9f94-b23c9ca993a9",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Solution",
      "beatSlug": "sequoia-pitch-solution",
      "evidence": "Slides 6-9 present the acquisition of Apex Crypto as a solution to accelerate Bakkt's strategy",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Turn",
      "parentBeatSlug": "turn"
    }
  ],
  "loops": [
    {
      "to": 13,
      "from": 3,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "7ad0d3b4-f5f4-4ef7-85ae-e9cfc84fe40e",
      "evidence": "The deck implies that not acquiring Apex Crypto would hinder Bakkt's growth and strategy execution",
      "position": 0,
      "objective": "The cost of not acquiring Apex Crypto",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.6,
      "description": "Quantify what happens if the audience does nothing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}