{
  "docId": "019f6b8f-148c-71c9-ac0f-40186ec7e732",
  "docSlug": "jarvis-eminence-pluralsight-presentation-february-2021",
  "documentTitle": "Eminence Pluralsight Presentation February 2021",
  "authorId": "eminence-pluralsight-presentation-february-2021",
  "authorName": null,
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2021-02-01 00:00:00",
  "orientation": null,
  "aspectRatio": null,
  "pageNumber": 11,
  "pageCount": 20,
  "prevPage": 10,
  "nextPage": 12,
  "slideType": "expose_contradiction",
  "function": "expose_contradiction",
  "density": "balanced",
  "nDataPoints": 0,
  "notes": "Uses rhetorical questions to challenge the Board's decision-making process.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019f6b8f-148c-71c9-ac0f-40186ec7e732/11",
  "deckHref": "/decks/019f6b8f-148c-71c9-ac0f-40186ec7e732",
  "deckJsonHref": "/decks/019f6b8f-148c-71c9-ac0f-40186ec7e732.json",
  "deckAnchorHref": "/decks/019f6b8f-148c-71c9-ac0f-40186ec7e732#slide-11",
  "components": [
    {
      "bbox": {
        "h": 0.12,
        "w": 0.9,
        "x": 0.05,
        "y": 0.78
      },
      "kind": "callout",
      "text": "It is clear to us that the Board never gave serious consideration to remaining a public company when the only bid was at an artificially depressed price at a time the Company is well-positioned for future growth.",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8af50fe1-8ef9-4aa2-a6ef-fd64607a4721",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.2,
        "w": 0.9,
        "x": 0.05,
        "y": 0.55
      },
      "kind": "list",
      "text": "Why sell? Why now?\nWith the stock price near where it closed on the day of the Company's IPO and the Company poised to gain market share and accelerate billings growth, why did the Board believe that it was a propitious time to consider selling the Company?\nThe process outlined in Pluralsight's proxy statement raises more questions than it answers.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4e064e30-6a2c-487c-9968-3a4a1f7bd4a8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.9,
        "x": 0.05,
        "y": 0.25
      },
      "kind": "list",
      "text": "A frenzied race to sell - Following receipt of Vista's unsolicited expression of interest with no price in September, Pluralsight - a company that was not actively pursuing a going-private transaction or facing any financial or operational crisis - instituted what we believe was a rushed sales process. Less than four weeks later, Pluralsight demanded that all interested parties, except Vista, submit a final bid. Just over a week after that demand, Vista stood alone as the only potential buyer.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b598e11f-bc85-4863-ae34-e247d004b82b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.5,
        "x": 0.25,
        "y": 0.05
      },
      "kind": "title",
      "text": "Deeply Flawed Process\nHighly Questionable Timing",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "512f1e94-7523-4945-babf-628dadcd14fe",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "expose_contradiction",
      "slug": null,
      "matchId": "f20f6a1f-8252-4666-8b6f-26bc262e8ea2",
      "evidence": "The slide highlights the contradiction between the company's growth potential and the rushed, low-price sale process.",
      "confidence": 0.9
    }
  ],
  "arcBeats": [
    {
      "to": 16,
      "from": 5,
      "beatId": "e3a5d247-b501-4daf-b5b7-c3d00de96de3",
      "arcName": "Problem-Agitate-Solution",
      "arcSlug": "problem-agitate-solution",
      "beatName": "Agitate",
      "beatSlug": "problem-agitate-solution-agitate-make-it-worse",
      "evidence": "The document agitates the problem by highlighting the flawed process",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Development",
      "parentBeatSlug": "development"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}