{
  "docId": "019f6b8e-f057-768b-814c-a47124acfa5d",
  "docSlug": "jarvis-angel-guide-to-startup-investing-reduced-size",
  "documentTitle": "Angel guide to startup investing reduced size",
  "authorId": "angel-guide-to-startup-investing-reduced-size",
  "authorName": null,
  "documentKindSlug": "deck",
  "documentKindLabel": "Deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": null,
  "orientation": null,
  "aspectRatio": null,
  "pageNumber": 116,
  "pageCount": 127,
  "prevPage": 115,
  "nextPage": 117,
  "slideType": "key_takeaways",
  "function": "summarize",
  "density": "balanced",
  "nDataPoints": 1,
  "notes": "The slide uses a conversational, slightly informal tone to challenge conventional wisdom on deal pricing.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019f6b8e-f057-768b-814c-a47124acfa5d/116",
  "deckHref": "/decks/019f6b8e-f057-768b-814c-a47124acfa5d",
  "deckJsonHref": "/decks/019f6b8e-f057-768b-814c-a47124acfa5d.json",
  "deckAnchorHref": "/decks/019f6b8e-f057-768b-814c-a47124acfa5d#slide-116",
  "components": [
    {
      "bbox": {
        "h": 0.6,
        "w": 0.88,
        "x": 0.07,
        "y": 0.25
      },
      "kind": "list",
      "text": "1. A $m change in pricing impacts RoI by a few % (Can't find the source!)\n2. But returns follow a power law. Accept higher valuation for the 'best\" deals because it doesn't matter if it works out\n3. Valuations are lower in some countries as there aren't exits. If they want a $20m pre, go to America...",
      "attrs": null,
      "subkind": "numbered",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "42397f5e-d9d3-407b-84a0-6dc6bb30e82b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.75,
        "x": 0.07,
        "y": 0.08
      },
      "kind": "title",
      "text": "Should you lose a deal on price? Hmmm...",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "306de125-9e0a-45f5-9a1e-6488ab04dd7b",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Logical chain",
      "slug": "logical-chain",
      "agent": null,
      "layer": "slide",
      "matchId": "fbec3294-d30a-41a3-a779-50e302000236",
      "evidence": "A $m change in pricing impacts RoI by a few %",
      "confidence": 0.7
    }
  ],
  "frameworks": [
    {
      "name": "power-law",
      "slug": null,
      "matchId": "2b2cef1b-1c1b-419a-bb64-a4ed9a27f034",
      "evidence": "Point 2 explicitly mentions returns following a power law.",
      "confidence": 1
    }
  ],
  "arcBeats": [
    {
      "to": 127,
      "from": 85,
      "beatId": "25f9577f-375b-44cb-88cb-ab60d9fb46ff",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Impact & Next Steps",
      "beatSlug": "consultants-gambit-impact-next-steps",
      "evidence": "The deck concludes with considerations for doing deals, developing an investment thesis, and taking a calculated risk",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}