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x Date of Initial Investment: March 2016 Pre-Money Valuation at Initial Investment: $28M Current Company Valuation: $37M Other Key Investors: Khosla Ventures, BoxGroup, Allen & Company VALAR I EFTA00810268 granify Granify maximizes revenue for online retailers by identifying shoppers that aren't go
ther N26 Jetty VALAR Follow-On Investors: qTransferWise • N26 al6z IVP Accel Matrix Capital (f)breather STASH Horizons Battery Menlo Google Ventures kalo Coatue Jim Breyer SciFi VC (Max Levchin) VALAR I 14 EFTA00810252 Investment Discipline VL AP EFTA00810253 Strict Investment Disc
4.8 ► -"c"; 4%,..„ Valar Cost Basis: Current FMV: Gross Multiple: Current Company Valuation: Other Key Investors: $5.4M $10.4M 1.9x $99.3M Khosla Ventures, BoxGroup, Allen & Company VALAR / 14 EFTA00810488 Valar Fund 3 / PCITOI 111:IIICC Fund 3 Performance Inception: July 2016 Capital Commitmen
lar Cost Basis: Current FMV: Gross Multiple: Current Company Valuation: Other Key Investors: $25.5M $42.3M 1.7x $295.6M RRE, Menlo Ventures, Google Ventures, Temasek Valar Fund 2 owns 14.3% of Breather. VALAR / 10 EFTA00810484 Valar Fund 2! Pcfrormoncc kalo Work with Anyone, Anywhere EFTA008104
ders less. Recent Financing History: In March 2016, Even closed on a $9M Series A financing round, led by Valar Ventures, with participation from Khosla Ventures, Box Group, Allen & Company and others. Company Description: Granify maximizes revenue for online retailers by identifying shoppers that aren't goi
ents - follows. In our last update, we announced that Breather had raised a Series C round led by Venky Ganesan of Menlo Ventures in November 2016. Google Ventures subsequently invested $5 million at the beginning of 2017 as part of an extension of that round, bringing the companies post-money valuation to $25
Entities connected to both Khosla Ventures and Google Ventures

Jeffrey Epstein
PERSONAllen & Company
ORGANIZATION
Woody Allen
PERSON
Paul Ryan
PERSONMenlo Ventures
ORGANIZATIONKindred
ORGANIZATION
Fidelity
ORGANIZATIONValar Ventures Management LLC
ORGANIZATIONAlven Capital
ORGANIZATION
TechCrunch
ORGANIZATIONRibbit Capital
ORGANIZATIONQonto
PERSONBreather
PERSONVALAR
ORGANIZATION
Eric Trump
PERSONWellington Partners
ORGANIZATIONGranify
PERSONTransferwise
PERSONFund 3
ORGANIZATIONSciFi VC
ORGANIZATION