{
  "docId": "019de515-5dbe-7061-bc80-9b2bd73c70a1",
  "docSlug": "f30d02c78979d718e4c4b190c48b5e94",
  "documentTitle": "a16z | Market Presentation Deck | 60 slides",
  "authorId": "a16z",
  "authorName": "a16z",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-04-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 13,
  "pageCount": 60,
  "prevPage": 12,
  "nextPage": 14,
  "slideType": "thesis_headline",
  "function": "frame_situation",
  "density": "dense",
  "nDataPoints": 25,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 0.9,
  "imagePath": null,
  "slideHref": "/slides/019de515-5dbe-7061-bc80-9b2bd73c70a1/13",
  "deckHref": "/decks/019de515-5dbe-7061-bc80-9b2bd73c70a1",
  "deckJsonHref": "/decks/019de515-5dbe-7061-bc80-9b2bd73c70a1.json",
  "deckAnchorHref": "/decks/019de515-5dbe-7061-bc80-9b2bd73c70a1#slide-13",
  "components": [
    {
      "bbox": {
        "h": 0.502,
        "w": 0.934,
        "x": 0.033,
        "y": 0.399
      },
      "kind": "chart",
      "text": "S&P 500 performance and tech company year founded",
      "attrs": {
        "x_axis_label": "Year",
        "y_axis_label": "S&P 500 Performance"
      },
      "subkind": "area",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "57f0f42b-1d5c-4fa8-bacb-c59722723d8d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.046,
        "w": 0.358,
        "x": 0.603,
        "y": 0.301
      },
      "kind": "paragraph",
      "text": "Product cycles are more predictable, often based on consumer behavior and broader tech trends.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "30211359-b6d4-4c73-8c7f-697fed4a473d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.046,
        "w": 0.358,
        "x": 0.109,
        "y": 0.301
      },
      "kind": "paragraph",
      "text": "Financial cycles fluctuate unpredictably, often based on macroeconomic conditions.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "38eeda20-b676-4f74-811f-99ef52759f7a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.014,
        "w": 0.402,
        "x": 0.033,
        "y": 0.966
      },
      "kind": "source-note",
      "text": "Source: Pitchbook, Yahoo Finance. Data is as of 3/31/2023.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9f1b415f-9a1d-44b3-ad81-33925f20a091",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.11,
        "w": 0.935,
        "x": 0.033,
        "y": 0.101
      },
      "kind": "title",
      "text": "Great products get built regardless of financial upswings and downswings",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0dacafa1-9107-4675-89fd-6b587e905bf2",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 14,
      "from": 5,
      "beatId": "f2979930-df15-4c58-a69e-772604d9ebd2",
      "arcName": "Monroe's Motivated Sequence",
      "arcSlug": "monroes-sequence",
      "beatName": "Need",
      "beatSlug": "monroes-sequence-need",
      "evidence": "The presentation highlights the need for web3, blockchain scalability, and novel forms of community governance.",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Complication",
      "parentBeatSlug": "complication"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}