For all you prospective monkeys out there who would like a glimpse into the magical glamorous work you will actually be doing for 100 hours a week, please refer below -
you will have the privilege of cranking out hundreds of presentations looking almost identical to the above. yes they will look pretty much identical across all banks. Don't worry its not as hard as it looks - thanks CapIQ!!
Also what the hell is going on with the dollar signs on the Y axis of the bar chart on page 4 but no dollar signs on the Y axis on page 3? You would think a 100k 1st year bonus would result in a little more attention to detail...
Damn you deal_mkr! Literally logged on to post the same thing, haha.
Noticed the error as well, bet that analyst is getting shit on now that that presentation is being forwarded Street-wide.
BTW, For those just joining in, here's the article that puts the presentation in a bit of context. Still amazes me how those guys always find themselves in the middle of everything: http://dealbook.nytimes.com/2011/09/29/barbs-fly-in-autonomy-oracle-feu…
Jesus christ how did you guys notice that error it's not even that bad.
Bc that is their fucking job
You mean college students that aren't IBD analysts let alone Qatalyst analysts?
The middle chart on page 4, the x-axis labels for the year are left-aligned while the other charts on page 3 and 4 are center aligned.
bottom rt chart on pg 4 - diff font above the bars, the $ values are italicized while they are not on pg. 3
rather sloppy, surprised Qatalyst let this fly
After 2 years of banking your first instinct upon looking at a page will be to look at the footnotes and make sure they have a period at the end of them. Oh and text alignment and decimal point places
And a full stop at the end of their sentences? :)
My bank was very anti-period at the end of sentences, but wanted them at the end of footnotes. go figure
Wasn't a fan of the color palette...
Not at all...those are standard 07 colors
Agreed, especially in the pie charts. Also a little overkill with the shadows. I give this pitch a B-.
Lol. This thread has almost definitely been forwarded internally at Qatalyst.
Inconsistent spacing before and after "/"
p. 2 -- Customers/OEMs p. 11 -- App. Infrastructure / Data Management Systems
Inconsistent listing of executives' education
B.S. in Electrical Engineering, Stanford University BSc. Physics, Imperial College (no "in" before "Physics") Ph.D. University of Cambridge (no comma before "Univesity of Cambridge")
If you get paid $120K per year right out of college, then you need to be perfect. If you don't want perfection, I think you should Google if there are any forums for janitors.
1) The presentation is down so someone please re-up it
2) Relax people
What he said.
you guys probably don't realize that these few Q analysts are stuffed on twice as much projects as you guys who have time to check on their work.
maybe they should outsource their projects to you? you seem to have so much time on your hands...
^^^ Being overstaffed isn't an excuse for errors that your team will accept... of course with your whopping one post on this forum you clearly know all about that... It's more about the mindset of your work... you always want it to be quality and error free. Now do mistakes slip through the cracks? Yes. But you can't start making excuses for stuff all the time. Also, this isn't a 200 page book... we're talking about a 9 page summary book. Not an overwhelming thing to check. At any rate, your comments show that you don't really have any perspective on this.
Could someone email me the pitch book, I'd like to take a look and its been pulled from oracle's site.
-
Everyone makes mistakes on pitch-books, especially 1st year analysts. When I receive pitch books to review from analysts above me, I still find errors, and vice versa. Let's be honest here, when it's 3 AM and the book needs to be on the desk first thing in the morning, it's easy to slip. That's why making good friends who proofread your work is essential to avoiding the wrath of MD's. Whoever built this book was 98% there, only a couple mistakes were overlooked. While the Y-Axis differential is bad, the charts are on separate pages, so that would surely never catch a "normal" person's eye. Education section is inexcusable though, that should have been more uniform.
Any chance someone could re-circulate this pitchbook or PM me? I wanna see the Qat-style as well, and Oracle took it down.
Any chance someone could re-circulate this pitchbook or PM me? I wanna see the Qat-style as well, and Oracle took it down.
Ditto - would like to see the pitchbook too.
Heh. This thread is funny.
Agree with TheKing. Your team might obsess over formatting, but your clients really couldn't give a shit.
Thats a lot of fcking comps to put on the same chart
Feel sorry for the analyst who had to put that together. Must have been at least 2 hours of searching logos on google, resizing them, aligning them, repeat.
That's not how it works. Most banks have 1.) a logo database on their server and 2.) graphics people to read the VP/Director's handwriting and put most of the logos on first time around.
Don't know about Qatalyst but many of the smaller boutique shops don't have such sweet setups
Ya, I'm at a MM shop, not a boutique, and I definitely do not have that luxury. I've been pulling logos at 3 am many times before
Damn, that sucks, sorry to hear it. At my bank, we're not even allowed to pull from the internet for fear of only finding a low-quality image of some sort. All our logos have been reformatted and vectorized by the graphics department.
I feel like QP would have these amenities, but I guess there's no way of knowing.
Looks like someone put them on scribd - http://www.scribd.com/doc/66800502/Autonomy-Presentation-1-503341 http://www.scribd.com/doc/66800514/Autonomy-Presentation-2-503342
...and where are the FCF metrics / multiples for the recurring revenue (read: SaaS) companies?! Agree that it is a brutal set of comps...
http://www.oracle.com/us/corporate/features/please-buy-autonomy-503330…
if the original link doesnt work
Thanks xfactor.
Coming from a banker in Silicon Valley, I have to say this is a clean book. NTM P/E charts are a favorite, and I don't think I've seen a tech book yet without Salesforce as a comp. I generally don't think italics work, but it works with the Q-style.
Looks thrilling.
I think it was a pretty solid book...each page definitely looks nightmarish to put together.
I actually think I just started having some convulsions...bad flashbacks...where is my pillow?
Was thinking the exact same thing about those color coded bar chart comps slides... they straight up look painful.
... relatively painless if you setup a category table and use a stacked bar chart; the file linked below contains an example for the data from slide 10 (just ripped the data, I've got no connection to the original)
http://filevo.com/ky8ce54vq4ol.html [autonomy__stacked_bar_chart.xlsx]
holy shit i don't understand why this is such a big deal.
If you really are a dickbag because of your VP/associate, that's unfortunate. The rest of us just get with the formatting obsession program because we want to get paid. If our VP/associate will not sign off on work with the errors pointed out earlier, we develop reps for being careless and our bonuses will suffer as a result.
And for fuck's sake, get a hold of some sarcasm detectors. The book looks like a nightmare, but I'm not above poking a little fun at a bank with such a sterling reputation.
Charts are dope. Underlined italics are for commies.
looks like oracle took the link down.. LAME
http://dealbook.nytimes.com/2011/09/29/barbs-fly-in-autonomy-oracle-feu…
use this
looks like that analyst that put that together is gonna get rimmed by Frankie or fired by tomorrow.
Rimmed!?
I know Qatalyst is based in SF, but that's perhaps taking it too far. Get your head out of the gutter!
No one mentioned the inconsistency on slide 5/6 yet (book 2)?! A whole bunch of multiples lack the x...
I also noticed that the background in slide 1 is not the same color of white as in slide 2
so you can't click on links anymore?
Mh, let's see... cover page says "Draft"...all your complaints are hereby invalid.
Your an idiot, it was not an internal draft amongst Qatalyst otherwise it would have never gotten in front of Oracle. Many times banks put together a document, send to a client for their input and put DRAFT on it as it is still waiting the clients input, but the bank has signed off.
Less to do with client's input more from a legal perspective - if you slap draft all over a book with anything even remotely valuation-related the idea is that you won't be held to it when it comes time for fairness...
First of all, those of you with actual IBD experience will agree with me that this is not a pitchbook, but a teaser. Looks like a lot of internal Autonomy strategy material was used, especially for the industry positioning charts.
So I do not really buy Autonomy's assertions that it had not engaged Qatalyst. However, the teaser may have been sent to Oracle without Autonomy's knowledge. That's how some banks operate, when they are keen to get a deal done.
Have worked on enough pitchbooks, teasers and IMs at BB banks to say conclude: This is a more than decent piece of work. And no matter what some of these losers on this site say: Qatalyst got a more than sweet deal for their client, I think that's more important than some frikkin' formatting minutiae.
Agreed. At the end of the day it's all about the Benjamins.
this doesn't seem that hard to make. pretty easy to understand.
You're a 2nd year associate and you come out with a comment like that....?
I've noticed that a lot of people on here disclose fake titles, which is really annoying. No way a 2nd year Associate would say that... This was a quality book overall, I really liked the level of detail (some slides got a bit busy but it was really professional and I even got some ideas for some pages based on what they showed even though I'm in a different coverage group). My only critique was that I didn't really care for the color scheme, which is personal preference. Anyone working or formerly in banking can clearly tell that a lot of effort went into the book.
Ooh, tough guy analysts.
am i the only one who can't see the ppts ?
ddamn missed the boat. links dont work anymore. anyone got them?
nevermind i got it lol
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