EFTA02622873.pdf
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From: Paul Barrett <
Sent: Tuesday, September 18, 2018 4:26 PM
To: Jeffrey E.
Subject: Re: AirBnB
Ok
Paul Barrett
Alpha Group Capital LLC
142 W 57 <x-apple-data-detectors://0/1> th <x-apple-data-detectors://0/1> Street, 11 <x-apple-data-detectors://0/1>
th <x-apple-data-detectors://0/1> Floor, New York, NY 10019 <x-apple-data-detectors://0/1>
On Sep 18, 2018, at 12:25 PM, jeffrey E. <[email protected] <mailto:[email protected]» wrote:
no
On Tue, Sep 18, 2018 at 12:23 PM, Paul Barrett <
<mailto > wrote:
Hi Jeffrey
Nicole has access to pre-IPO AirBnB shares. She is going to participate and would like to know if you care
to join.
AirBnB Opportunity:
• Series F Preferred shares
• $38BIn valuation
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• Around $15MM available
• Sponsor underwriting this deal to a $68-72b1n IPO value. Expect Q3/4 2019 IPO (largely due to
many insider options vesting around that date which causes a large tax liability. Insiders will need the liquidity to pay the
tax bills).
• Preferred shares convert to common on IPO date with a 6 month lock. We could always short
the stock at any point to lock in the economics.
• Shares will get transferred to our brokerage account via Merrill post lock-up (they withhold
shares equal in value to their performance fee)
• 5% placement fee. 5% performance fee
• A $1MM investment results in us buying $950K worth of shares at $131/share
• Let me know if you want the data
Paul
Paul Barrett
Alpha Group Capital LLC
142 W 57 <https://maps.google.com/?q=142+W+57&entry=gmail&source=g> th Street, 11th Floor, New
York, NY 10019
(0) (c)
<mailto
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please note
The information contained in this communication is
confidential, may be attorney-client privileged, may
constitute inside information, and is intended only for
the use of the addressee. It is the property of
JEE
Unauthorized use, disclosure or copying of this
communication or any part thereof is strictly prohibited
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EFTA02622874
communication in error, please notify us immediately by
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ℹ️ Document Details
SHA-256
4808ddf9c12c851f208cd5ff33a1236d22dfc14e7c8eb33e3b51352b1386c8cd
Bates Number
EFTA02622873
Dataset
DataSet-11
Type
document
Pages
3
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