From:
Sent: Wednesday, February 6, 2013 1:30 PM
To: Jeffrey
Subject: Fwd: The Fancy
Sent from my iPhone
=br>Begin forwarded message:
=rom: ido berniker
Date: February 5, 2013, 7:56=11 PM AST
To mailto
Subject: Fwd: The Fancy
<1=lockquote>
<=iv>
<=iv>There is a huge opportunity to get involve with the Fancy the best and m=st prestige upcoming
thing, Please see below. They are looking for specific=people who can actually bring something to the table beside
money, but of c=urse money as well :). Thought you might want to get involve or know someon= who I can send it to.
I would like you to k=ow we just had a commitment from a new investor Eike Batista, a Brazil=an oil
magnate who's the 7th richest person in the world, who bought $10MM w=rth of our company.
As for now we are in a negotiation proc=ss with few more groups.
If you think you have som=one you can share that with please let me know before you share. You will
g=t 1% finders fee if we will pick your investor.
<=iv>Please keep it CONFIDENTIAL
Ido
=br>
From: Joseph Einhorn
Date:=nbsp;Tue, 9 Oct 2012 16:31:59 -0400
To: &=bsp;=a href=“mailt
Subject: update
CONFIDENTIAL
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Hi Ida,
Here is some info to pass a=ong to your friend. Thank you:
1. We are selling 1.% of our company for $60mm.
2. Our lead investor is American Expr=ss.
3. We closed the deal with American Express yesterday.
<=iv>4. Due to a financial regulation, Amex can not own more than 4.9% of our=company.
5. Amex wired us -$27mm to us yesterday money in our ban= account.
6. We are selling the remaining -33mm to one other part= next week.
7. The —33mm buys —5.3% of our company.
8. The entire 60mm is a preferred equity above all other shareholders.
9. The Vice Chairman of Amex, Ed Gilligan has joined our board of di=ectors yesterday and he represents
the new class.
10. Our board a=so includes Jack Dorsey (creator of twitter), Francois-Henri Pinault (CEO a=d Chairman
of PPR owner of Gucci, etc.), Chris Hughes (Facebook) and others=/div>
11. We are planning to sell the other piece to investor next week=
I am sure you can explain as well as anyone what o=r company does. Here is a recent articles he can
read about how apple was o=fering to buy us.
http://www.bu=inessinsider.com/apple-wants-to-buy-pinterest-rival-the-fancy-2012-8
chttp://www.businessin=ider.com/apple-wants-to-buy-pinterest-rival-the-fancy-2012-8>
=ttp://www.sfgate.com/technology/businessinsider/article/The-Fancy-ls-Beatin=-Fab-And-Pinterest-
Where-lt-3994099.php <http://www.sfgate.com/technology/businessi=sider/article/The-Fancy-ls-Beating-Fab-And-
Pinterest-Wherelt-3994099.php>
Thanks=/div>
Joe
</=pan>
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