{
  "docId": "019f6b8e-e940-70bf-aa1d-a69dd6f904a5",
  "docSlug": "jarvis-adapting-to-endure-sequoia-capital-2022",
  "documentTitle": "Adapting to Endure Sequoia Capital 2022",
  "authorId": "adapting-to-endure-sequoia-capital-2022",
  "authorName": null,
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "vc_research",
  "sourceTypeLabel": "VC research",
  "presentationDate": "2022-01-01 00:00:00",
  "orientation": null,
  "aspectRatio": null,
  "pageNumber": 6,
  "pageCount": 52,
  "prevPage": 5,
  "nextPage": 7,
  "slideType": "context",
  "function": "establish_context",
  "density": "overcrowded",
  "nDataPoints": 1,
  "notes": "The slide uses a stacked area chart to visualize the composition of the Federal Reserve's balance sheet, highlighting the surge in liquidity.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019f6b8e-e940-70bf-aa1d-a69dd6f904a5/6",
  "deckHref": "/decks/019f6b8e-e940-70bf-aa1d-a69dd6f904a5",
  "deckJsonHref": "/decks/019f6b8e-e940-70bf-aa1d-a69dd6f904a5.json",
  "deckAnchorHref": "/decks/019f6b8e-e940-70bf-aa1d-a69dd6f904a5#slide-6",
  "components": [
    {
      "bbox": {
        "h": 0.25,
        "w": 0.8,
        "x": 0.08,
        "y": 0.15
      },
      "kind": "chart",
      "text": "Federal Reserve's Balance Sheet",
      "attrs": null,
      "subkind": "area-stacked",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a977f9ec-4774-49f0-9cbf-4cc91a94c2f0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.4,
        "x": 0.3,
        "y": 0.39
      },
      "kind": "legend",
      "text": "Treasury Securities, Mortgage-backed Securities, Other",
      "attrs": null,
      "subkind": "legend",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "54f84329-e347-4a4b-81cf-b51a2e528636",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.75,
        "x": 0.15,
        "y": 0.5
      },
      "kind": "list",
      "text": "In response to COVID, governments around the world embarked on a combination of extraordinary fiscal and monetary stimulus to fill a massive demand hole created by the pandemic. This helped prevent an extremely severe recession, but came with consequences.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1bb0f8db-4835-4588-adf9-35e286402cc2",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.75,
        "x": 0.15,
        "y": 0.74
      },
      "kind": "list",
      "text": "Inflationary trends have accelerated since early 2022, with the war in Ukraine exacerbating the supply chain complexities and commodity price squeeze. At this point we've all seen the various charts showing inflation charts. More important is the increasing long-term expectations.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5e1a0d0b-64f7-4325-b636-b6865b264f72",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.75,
        "x": 0.15,
        "y": 0.67
      },
      "kind": "list",
      "text": "As the economy reopened, this liquidity creation manifested itself in bottlenecks and distortions throughout the real economy, leading to supply chain challenges and price pressures as demand overwhelmed supply.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7918d4ba-fec1-4038-9e9e-8c15946ce493",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.75,
        "x": 0.15,
        "y": 0.6
      },
      "kind": "list",
      "text": "During the pandemic, this money printing revealed itself in asset prices, especially in companies perceived to be beneficiaries of themes like remote work and e-commerce acceleration.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "df3f05de-e44b-49bb-b4e5-607a23931935",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.5,
        "x": 0.08,
        "y": 0.09
      },
      "kind": "title",
      "text": "COVID fiscal mandate: massive monetary stimulus",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "08c27328-84c3-427a-898d-0013b1b65107",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Chart Selection Guide",
      "slug": "chart-selection-guide",
      "agent": "Designer",
      "layer": "slide",
      "matchId": "828a60a7-1a36-4038-876f-486935956ce9",
      "evidence": "chart/area-stacked: Federal Reserve's Balance Sheet",
      "confidence": 0.7
    },
    {
      "name": "Data Story Arc",
      "slug": "data-story-arc",
      "agent": "Storyteller",
      "layer": "slide",
      "matchId": "1bb000f3-39a9-4e88-8b6e-1de42b1c3b1f",
      "evidence": "Inflationary trends have accelerated since early 2022, with the war in Ukraine exacerbating the supply chain complexities and commodity price squeeze.",
      "confidence": 0.7
    }
  ],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}