From: Hosain Rahman Sent: Sunday, August 30, 2015 5:38 PM To: Jeffrey Epstein Subject: Jawbone Opportunity Attachments: Jawbone Mort investment analysis 2015-08-28.pdf; Untitled attachment 00277.htm Jeffrey, Nice to speak with you briefly. As promised, here's an =pdate on the financing round and business: Investment Opportunity =or Mort (see attached): For a $1.25M =nvestment you will elevate all your previous common and preferred to =he most senior equity preference (after convertible note) with a 1.5x =reference. You currently have $SM in Series 5 preferred =ith - $1B in preference ahead of it and $SM in common. Closing is on Monday. Financing Round: Although our latest major investment round was later than =xpected, we're pleased to have BlackRock as a partner. BlackRock =nvested $220M in a convertible note in April and then added an =dditional $50M to it paired with $40M in Series 8 Preferred equity from =P Morgan and Sequoia. Now, BlackRock is obligated to invest an =dditional $50M if we raise an additional $35M in Series 8 Preferred by =he end of August. We're offering it to Major Investors and it's =tructured to be a great way for holders of prior preferred to increase =heir preference coverage and seniority. Every investor we've =poken to has been pleasantly surprised by how advantageous the terms =re: investors essentially get to increase their preference on 9x their =oney invested. More details on the transaction and potential for you =re attached. I know Andrew Lindsay on my team has spoken to =ichard Kahn about it a couple times. Team: We recently hired two =xceptional business leaders to partner with me to run the =usiness. With the addition of Sameer Samat and Jason Child we =ave one of the premier executive teams of any late-stage =tartup. Sameer =amat joined in June as our President. He was previously a VP at =oogle leading their commerce business and a key lieutenant to Sundar =ichai, the new Google CEO. He's responsible