[lelandfe]

While a brutal dressing down of the company, I have to admit that this is one of the most nicely made decks I’ve ever seen.

What is the reasoning behind them sharing this publicly, I wonder?

[rjtavares]

They're an activist fund. They own 5% of the company, and want the CEO removed.

https://www.reuters.com/business/retail-consumer/activist-bl...

[sails]

Increase short interest I guess? Presume they have a massive short position.

[oceliker]

Based on their press releases, it sounds like they actually hold significant stock, hence the urgency to do something about it I guess.

https://www.blackwellscap.com/pressrelease/blackwells-capita...

[rjtavares]

No, they own 5% of the company. The deck is not a take down of the company, is a take down of the CEO.

[sails]

Interesting, thanks for clarifying!

[celticninja]

They want to improve the price as they hold the stock, probably want to offload it and are hoping a CEO change will lead to a price bump.

[wackget]

Are we calling slideshows "decks" now?

[lelandfe]

The way I learned it, decks are slideshows that are information-dense and can thus be read independent of a presentation. But Googling it just now reveals that they're interchangeable words.

So... yes.

[z3c0]

And here I was thinking my boss wanted to battle me in Magick.

[TheHypnotist]

yes