EFTA02624334.pdf

From: Richard Kahn ‹ > Sent: Friday, September 14, 2018 9:13 PM To: Jeffrey E. Subject: Fwd: LYFT fiszel not current on Lyft and questions whether ride share =ill ever be profitable.. Richard Kahn HBRK Associates Inc. 575 =exington Avenue 4th Floor New York, NY 10022 el fax cel- Begin forwarded message: From: =/b>David Fiszel •za Subject: =/b>Re: LYFT Date: =/b>September 14, 2018 at 5:10:01 =M EDT To: qb>Richard Kahn Thank you, to you as well. I'm not current on =YFT to give you a good answer. I'm on the fence on ride share =s profitability has been elusive. On Sep 14, 2018, at 4:46 PM, Richard Kahn > wrote: happy new year hope you are well jee wanted me to ask your thoughts on LYFT..and if you =ill be buying pre-ipo thanks Richard Kahn HBRK Associates Inc. EFTA_R1_01834509 EFTA02624334  575 Lexington Avenue 4th Floor New York, NY 10022 tel= fa cel Forwarded message From: Paul =arrett < >> Date: Fri, Sep 14, 2018 at 4:38 PM Subject: LYFT To: Jeffrey E. <[email protected] <mailto:[email protected]» CC: Richard Kahn < Jeffrey Let me know if you care for LYFT pre-IPO shares. I have =ot seen the sponsor's model yet but high level: • $15.4Bln valuation • 2018 revs expected to be $2.2BIn and $3.3BIn =n 2019 • Equates to 7x 2018 sales and 4.6x 2019 sales • Expected Q1/Q2 '19 IPO • Buy into an SPV on the cap table • Fees: 10% placement and 10% performance fee. I =ould negotiate that! • Standard 6 month post IPO lock up Let me =now if this is of interest and I can go down to their offices and =eview their models/camps. Paul 2 EFTA_R1_01834510 EFTA02624335  Paul Barrett Alpha Group Capital LLC 142 W 57th Street, 11th Floor, New York, NY 10019 (o) (c) <image003.jpg> =lease 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 and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected] <mailto:[email protected]> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved This e-mail and any file(s) transmitted =ith it may contain confidential and/or privileged information. Nothing =ontained in this e-mail and/or any file(s) transmitted with it constitutes a solicitation or an offer to buy or sell any securities. =se or disclosure of this e-mail or any such files by anyone other than = designated addressee is unauthorized. If you are not an intended =ecipient (or have received this email in error), please notify the sender immediately and delete this e-mail without =aking a copy. If this e-mail is misdirected, Honeycomb Asset =anagement, L.P. and its affiliates do not waive confidentiality or any =rivilege. 3 EFTA_R1_01834511 EFTA02624336