From: Jeremy Rubin
To: "Jeffrey E." <jeevacation@grnail.com>
Subject: Re: Optics update:
Date: Fri, 20 Jul 2018 17:24:29 +0000
1) They're not bothered, they'll chat with Thiel.
2) They also firmly agreed to locking in a 3M raise at 10M (30%) -- they had counter offered to do 11M or 12M at 25%, but I
pushed back on it.
3) They also asked if we'd be OK going to 15% (1.5M) instead. I think that should be OK provided it is going to bringing in
Reid or someone else we want to work with. Is that ok with you? I think early on in Deploy Capital's life, it is good to build a bit
of "brand name" for greater deal flow/trust...
On Fri, Jul 20, 2018 at 9:06 AM jeffrey E. leevacation@gmail.com> wrote:
yes
On Fri, Jul 20, 2018 at 12:04 PM, Jeremy Rubin < > wrote:
Ok so just to clarify:
1) I'm going to tell them who you are
2) I'll tell them to talk to thiel if they have further concern they want to independently vet
On Fri, Jul 20, 2018, 8:56 AM jeffrey E. <jeevacation@gmail.com> wrote:
tell them , I am a major investor with thiel , theycan ask him
On Fri, Jul 20, 2018 at 11:50 AM, Jeremy Rubin < wrote:
The layer one team has made it clear that they don't want to proceed until they know who you are.
What do you think the best option is?
The way I see it, a couple options (not mutually exclusive)
1) ultimatum on you being anonymous
2) tell them & explain that you're ok. I think they'd listen, unclear how they'd react.
3) have them meet with you face to face in NYC
4) if you're friendly with Tarrant, and they would co-invest with you, call him up and ask if vouch
for you being ok or for you to stay anonymous. (he's a family friend of one of them)
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