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  "docSlug": "jarvis-eminence-pluralsight-presentation-february-2021",
  "documentTitle": "Eminence Pluralsight Presentation February 2021",
  "authorId": "eminence-pluralsight-presentation-february-2021",
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  "documentKindSlug": "activist-deck",
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  "presentationDate": "2021-02-01 00:00:00",
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  "pageNumber": 7,
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  "density": "balanced",
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  "notes": "The slide uses a regression line to show the correlation between growth and valuation, with Pluralsight circled as an outlier below the trend line.",
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      "kind": "callout",
      "text": "Pluralsight's transaction price implies a significant discount to publicly traded peers",
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      "text": "2022 EV / Sales vs. Revenue Growth for Public SaaS Companies",
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      "text": "Source: Bloomberg, Company Filings. Note: All public market data as of February 5, 2021",
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      "text": "An offer price of $20.26 per share represents a purchase multiple of 6.1x estimated 2022 sales, a significant discount to other public software as a service (SaaS) companies expected to grow at a similar pace as Pluralsight.",
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      "kind": "title",
      "text": "Public Market SaaS Valuations",
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      "structure": "Our Performance -> Industry Average -> Best-in-Class -> The Gap = The Opportunity",
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