EFTA00484599
EFTA00484600 DataSet-9
EFTA00484602

EFTA00484600.pdf

DataSet-9 2 pages 634 words document
P17 P21 V16 P19 P24
Open PDF directly ↗ View extracted text
👁 1 💬 0
📄 Extracted Text (634 words)
From: To: Haydar Haba Cc: Paul Tuan Subject: Re: Andra/Tim Draper - Significant Update Date: Fri, 02 Nov 2018 17:50:27 +0000 Thank you. Will pass along Sent from my iPhone On Nov 2, 2018, at 1:40 PM, Haydar Haba > wrote: Hi Jeff I wanted to share some significant updates with you. We have partnered with Tim Draper, who is joining our fund as an anchor investor and fund co-manager. Our cayman master fund name will be "Draper Global" managed by Andra. We've also upgraded our fund structure to traditional fund structure with paperwork LP now eliminates the complexity to deal with any token elements. Draper Global is the first late-stage technology growth fund in the Draper Venture Network, serving as an extension of the 22 existing network funds. This pairs us with the world's best and most successful brand in technology investing with the following synergies and advantages: • Tim Draper as a fund manager, lead investor, and member of our investment committee better enables us to pick the billion plus winners. Please see the track record of successful exits in our investment deck. Tim was ranked as #7 in the Forbes Midas billionaire list and one of the most successful tech investors of all time. • We will have first access to the Draper Venture Network portfolio companies emerging from Series B rounds. In the last few years, they have had multiple companies reach billion dollar valuations after they funded their A and B rounds, including DocuSign, Robinhood and Coinbase. • Global access and brand with ability to get into the hottest companies anywhere in the world. • Draper Venture Network provides exclusive corporate development support to our portfolio companies by assisting them with customer acquisition, market penetration, and exits. • A network of over 65 technical experts for a comprehensive evaluation of every technology vertical. Investors participating in our first closing in December will receive a 0.5% reduction in the management fee. Please find our latest investment deck and PPM that reflect our strategy and terms. We already started with small deployment Please note that we are hiring Goldman Sachs as our lead book-runner to place $3-5B starting January 2019 next year. Please let me know if you can come in on this round. Our team will be in NY next Thursday and Friday (1118-9) if you like to meet. Also we can arrange a call with Tim if that helps with closing. Are you available for a meeting to discuss our updates and LP terms? We also started investing and deploying small capital in some amazing late stage growth companies with potential IPO in 6 months -1 year like Palantir, Uber and others at very large discount from last rounds. Please let us know your interest we would love to have you as a partner. <Draper Global - Investor Deck - 2018.10.23.pdf> EFTA00484600 <Draper Global - Traditional Fund PPM 10-31.pdf> Regards Haydar Haba. Managing Partner Andra Ca ital m e Andra CapitalLLC accepts no liabiliotfor any errors or omissions arising as a result ofthis transmission. This message, including attachments. is intended onlyfor the use ofthe individual or entity to whom it is addressed, andmay contain information that is pritileged, confidential and exemptfrom disclosure under applicable law If you are nor the intended addressee, you must nor use. coat; disclose or take any action based on this message or any information herein. Vito° received this message in error. please immediately notify us. Andra Capital and its affiliates reserve the right to °whist, monitor andreview all email. This message does not constitute an offer to sell or a solicitation ofan offer to buy any swan-lot Accordingly, no representation or warrant; expressed or otherulse, is made to. andno reliance should be placed on, thefairness, accuracy completeness or timeliness ofthe information contained here. EFTA00484601
ℹ️ Document Details
SHA-256
75615f815b8fca346435f1d43db8f7324357cf62efb2f40d864ebc27af3f7dd8
Bates Number
EFTA00484600
Dataset
DataSet-9
Document Type
document
Pages
2

Comments 0

Loading comments…
Link copied!