From: To: Haydar Haba Cc: Paul Tuan Subject: Re: Andra/Tim Draper - Significant Update Date: Fri, 02 Nov 2018 17:50:27 +0000 Thank you. Will pass along Sent from my iPhone On Nov 2, 2018, at 1:40 PM, Haydar Haba Hi Jeff > wrote: I wanted to share some significant updates with you. We have partnered with Tim Draper, who is joining our fund as an anchor investor and fund co-manager. Our cayman master fund name will be "Draper Global" managed by Andra. We've also upgraded our fund structure to traditional fund structure with paperwork LP now eliminates the complexity to deal with any token elements. Draper Global is the first late-stage technology growth fund in the Draper Venture Network, serving as an extension of the 22 existing network funds. This pairs us with the world's best and most successful brand in technology investing with the following synergies and advantages: • Tim Draper as a fund manager, lead investor, and member of our investment committee better enables us to pick the billion plus winners. Please see the track record of successful exits in our investment deck. Tim was ranked as #7 in the Forbes Midas billionaire list and one of the most successful tech investors of all time. • We will have first access to the Draper Venture Network portfolio companies emerging from Series B rounds. In the last few years, they have had multiple companies reach billion dollar valuations after they funded their A and B rounds, including DocuSign, Robinhood and Coinbase. • Global access and brand with ability to get into the hottest companies anywhere in the world. • Draper Venture Network provides exclusive corporate development support to our portfolio companies by assisting them with customer acquisition, market penetration, and exits. • A network of over 65 technical experts for a comprehensive evaluation of every technology vertical. Investors participating in our first closing in December will receive a 0.5% reduction in the management f