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the University of Pennsylvania. James Fitzgerald James is a Founding Partner at Valar Ventures. Prior to Valar, he was COO and General Counsel of Peter Thiel's global parent company, Thiel Capital, where he helped manage Peter's extensive network of investments and businesses. In that capacity, he worked cl
margins that exceed conventional industry norms, without increasing prices. VALAR VENTURES History Oppa's founder, Max Reichel, had followed the Thiel team for some time. Contact was made, and after several rounds of diligence, Velar invested. along with Monashees, a well-known Brazilian venture f
0.10% per annum) until it is equal to 1.50%. The installment of management fee payable for any fiscal quarter will be equal to one-fourth (114) of the Management Fee Percentage in effect for such fiscal quarter (as adjusted) multiplied by the aggregate Capital Commitments made by the Limited Partners. The management fee p
General Partner, the Managing Members, the Management Company or any member or employee or Affiliate thereof; provided, however, that Peter Thiel, Peter Thiel's retirement accounts and Thiel Capital LLC and any wholly owned subsidiary of the foregoing ("Thiel Persons") shall not be deemed as an Affiliated P
DISCLOSE CERTAIN INFORMATION WITH REGARD, TO THE THIEL PERSONS (AS DEFINED HEREIN). NONE OF THE THIEL PE
0.10% per annum) until it is equal to 1.50%. The installment of management fee payable for any fiscal quarter will be equal to one-fourth (114) of the Management Fee Percentage in effect for such fiscal quarter (as adjusted) multiplied by the aggregate Capital Commitments made by the Limited Partners. The management fee p
e same line of direct consanguinity or a first degree of collateral consanguinity; provided, however, that for all purposes under this Agreement, no Thiel 38. 126316015 v3 EFTA00591735 Person shall be deemed to be an Affiliate of any Managing Member, the General Partner or the Management Company.
lls, and other money market investments with maturities of less than twelve (12) months. 14.21 Thiel Persons. Thiel Persons shall mean Peter Thiel, Peter Thiel's retirement accounts and Thiel Capital LLC, a Delaware limited liability company, any wholly owned subsidiary of any of the foregoing, and any succe
ed Capital Commitment) as of the date hereof, and (iii) for each fiscal year commencing on or after the fifth anniversary of the Commencement Date, the Management Fee Percentage applicable in fiscal quarters during such fiscal year (prior to the adjustments described in paragraph 6.1(c)) shall be equal to the greater of (A)
Entities connected to both Peter Thiel and the Management Fee Percentage

Woody Allen
PERSON
Prince Andrew
PERSON
United States
LOCATION
Palantir
ORGANIZATION
Thiel Capital
ORGANIZATION
Montreal
LOCATION
New Zealand
LOCATION
Max Levchin
PERSONAndrew McCormack
PERSONVALAR
ORGANIZATIONThiel Capital LLC
ORGANIZATION
Toronto
LOCATIONAllen & Company
ORGANIZATIONVV Global LP
ORGANIZATIONNo Limited
ORGANIZATIONBreather
PERSON
Hong Kong
LOCATION
Georgetown University
ORGANIZATIONthe Securities and Exchange Commission
ORGANIZATION
Stockholm
LOCATION