Epstein Secrets

0254 "IVIAVERICK" EFTA00810255 Great tech companies are being started in lots of lUir-'114ft places. Our New York base allows us to: • Avoid Silicon Valley bias • Identify and work with companies anywhere — from SF to Berlin — at a much earlier stage than Bay Area firms. • Compare opportunities across

nd 1 received 54% of the Fund's capital. The 3 best performing companies in Fund 2 received 52% of the Fund's capital. 3 major investments in Fund 3 have received 42% of the Fund's capital commitments, with 25% still reserved for follow-ons. STASH 1gOctane Fund 1 Fund 2 Fund 3 VALAR 9

tners and available talent at all stages of the company's lifecycle. Valar believes that, in the Western World, these dynamics are most prevalent in Silicon Valley, New York, London, Berlin and Paris, and to a lesser extent, in the smaller cities that feed into the larger tech hubs (e.g., Provo, Boulder, Portl

% of each fund's respective capital commitments was close to $1 billion for Fund 1, but only $650 million for Fund 2 and closer to $500 million for Fund 3. Valar intends to employ the portfolio concentration principles outlined above in the operation of Fund 4. Confidential & Trade Secret EFTA0081041

orld. In 2014.TCV led a $30 million funding round for SiteMinder. a Sydney based hotel booking platform. Strong support The Indian arm of vaunted Silicon Valley fund Sequoia Capital has made a handful of investments on both sides of the Tasman over the past year. Other respected US VC hnp://www.afrromitechn

remaining capital will be invested in follow-on financings in these existing portfolio companies. So far, Stash has commanded the largest share of Fund 3, with just over 20% of the Fund invested in the company's Series A, Series B, and Series C financings. The big news for Stash is they just raised S