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  "docSlug": "jarvis-opendoor-pitch-deck-for-ipo",
  "documentTitle": "Opendoor Pitch Deck for IPO",
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  "authorName": null,
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
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  "nextPage": 35,
  "slideType": "revenue_buildup",
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  "density": "dense",
  "nDataPoints": 4,
  "notes": "The slide uses a waterfall chart to bridge 1Q20 margins to a long-term target, supported by peer pie charts.",
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  "slideHref": "/slides/019f6b8f-4a64-720d-a6e4-688c3769020c/34",
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      "kind": "chart",
      "text": "Carvana and AutoNation margin composition pie charts.",
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      "kind": "chart",
      "text": "Waterfall chart showing 4.0% base, +0.6% cost optimization, +2.4% additional services, reaching 7.0% target.",
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      "text": "Expect ~50 / 50 long-term unit margin composition, similar to other “trade-in” business models",
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      "kind": "paragraph",
      "text": "Note: Contribution Margin presented is non-GAAP, see reconciliation in Appendix. Carvana and AutoNation business mix based on public filings; AutoNation mix excludes parts and warranty services. Cost optimization includes selling cost and holding cost improvements",
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      "kind": "title",
      "text": "Significant margin upside from additional services and cost optimization",
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  "metrics": [],
  "tools": [
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      "name": "Waterfall / value bridge",
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      "evidence": "chart/waterfall-bridge: Waterfall chart showing 4.0% base, +0.6% cost optimization, +2.4% additional services, reaching 7.0% target.",
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      "evidence": "The chart visually bridges the gap between current and target margins.",
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