e: Distribution from Honeycomb Ventures I LP (the "Fund") Dear Limited Partner. Today, Honeycomb initiated the distribution of the Fund's shares in Spotify Technology S.A. ("Spotify-). This distribution closes Honeycomb Ventures I LP ("HCV I"), our first co-investment vehicle. Spotify is the perfect example of a priva

NAGEMENT April 30, 2018 Dear Investor: We are contacting you regarding your investment in Honeycomb Ventures I LP (the "Fund"), which invested in Spotify Technology S.A. ("Sootily"). As you know, under the Limited Partnership Agreement of the Fund (the "LPA"), Honeycomb Asset Management LP ("Honeycomb") may distribut