{
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  "docSlug": "jarvis-starboard-value-wix-presentation-october-2022",
  "documentTitle": "Starboard Value Wix Presentation October 2022",
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  "documentKindSlug": "activist-deck",
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  "presentationDate": "2022-10-01 00:00:00",
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  "pageNumber": 4,
  "pageCount": 65,
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  "slideType": "problem_statement",
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  "density": "balanced",
  "nDataPoints": 5,
  "notes": "The slide uses a red dashed line to highlight the 685bps drop in growth.",
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      "kind": "callout",
      "text": "Forward Revenue Growth Has Decelerated By ~685bps Over the Last Year!",
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      "text": "Average Software NTM Revenue Growth",
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      "text": "Source: CapitalIQ. Market Data as of 10/14/22. (1) Represents average NTM growth for the iShares Expanded Tech-Software Sector is a commonly used benchmark to track the software industry.",
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      "text": "As revenue growth slows, companies need to improve margins",
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      "kind": "title",
      "text": "Revenue Growth Has Decelerated",
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      "evidence": "Connects revenue deceleration to the necessity of margin improvement.",
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      "beatName": "Situation & Context",
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      "evidence": "The document provides an overview of the market dynamics and the current situation of Wix, Splunk, and Salesforce.",
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      "evidence": "The document highlights the problems and complications faced by Wix, Splunk, and Salesforce, including decelerated revenue growth, compressed margins, and subpar mix of growth and profitability.",
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