Epstein Secrets

turn Index 1.9x 13.5% • - Numbers presented for Valar am as of 12/31/2015. - Valar Fund l" refers to all funds and investment vehicles managed by Valar Ventures Management LLC prior to the formation of Velar Global Fund 2, on an aggregate basis. Valar Fund 1 made its first investment on 10/28/2010. Valar Global Fund 2 made

than traditional banks. Facts Founders: Headquarters: Notable Investors: Taavet Hinrikus. Kristo Kaarmann London. England Andreessen Horowitz. IA Ventures. Index Ventures. Richard Branson Returns Valar Cost Basis: $21.0M Current FMV: $138.9M Gross Multiple: 6.6x Date of Initial Investment: 1/8

solicitation to buy, sell or hold any securities. Except where otherwise indicated. "Fund I" refers to all funds and investment vehicles managed by Valar Ventures Management LLC, on an aggregate basis, prior to the formation of Valar Global Fund II LP, "Fund 2" refers to Valor Global Fund II LP and Valar Global Principals Fun

qual. 0•••• 1.• Valar Cost Basis: Current FMV: Gross Multiple: Current Company Valuation: Other Key Investors: $22.2M $253.6M 11.4x $1.7B IA Ventures, Andreessen Horowitz, IVP VALAR / 3 EFTA00810477 Valar Fund I / Performance Driven Beautiful Accounting Software EFTA00810478 • Valar Fund

solicitation to buy, sell or hold any securities. Except where otherwise indicated, "Fund I" refers to all funds and investment vehicles managed by Valar Ventures Management LLC prior to the formation of Valar Global Fund II LP, on an aggregate basis, "Fund 2" refers to Valar Global Fund II LP and Velar Global Principals Fun

and $95M in warehouse lines from Macquarie Group and other financial institutions. We are pleased to be working on Octane with Roger Ehrenberg from IA Ventures, who sits on the board of Octane as well as the Transferwise board with us. Valar Fund 3 has invested $13.2M in Octane Lending, which is now valued