To: Jeffrey Epsteinfleevacation(8gmail.comj
From: Boris Nikolic
Sent Sun 4/20/2014 9:27:55 AM
Subject: FW: Can we please talk?
Fyi
Sent from my Windows Phone
From: Saurabh Gupta
Sent: 4/20/2014 1:19 AM
To: Boris Nikolic
Subject: FW: Can we please talk?
Boris,
In response to your email below, we wanted to clarify a few things on our decision to not proceed
with a healthcare fund:
I) While we were serious with regards to our discussions, we always reserved our right not to
proceed before the formal launch
2) We therefore always encouraged you to keep our discussions around a potential healthcare fund
strictly confidential beyond preliminary discussions with a small subset of friends as prospective
LPs
3) In addition, we never encouraged you to leave your previous job and in-fact were not even
aware that you did so until recently
I hope we can put this event behind us and find a way to work together.
Regards
Saurabh
Begin forwarded message:
From: Boris Nikolic c
EFTA_R1_00378232
EFTA01929216
Date: April 19, 2014 at 18:58:47 EDT
To: Yuri Milner -ce>
Cc: Yuri Milner Office Anna Lebedkina
Subject: RE: Can we please talk?
Yuri,
I thought more about our call.
To remind you, I relied on your word, Bill relied on your word and Lany (Bill's chief
of staff), confirmed your commitment to move forward only two weeks ago. However
the very same day that I received a final draft of the ppm (27th version), you asked
Saurabh to notify me that after 7 months of me moving forward that you had changed
your mind. This is not fair, and though I am very understanding of your other
commitments, I find myself in a very difficult position as a result of taking you at your
word, accepting your handshake and counting on you fulfilling your commitment.
As I briefly explained you, I have few alternatives but to continue to move in this
space.
Also I remain convinced that it is super promising investment thesis and that a lot of
return could be generated.
I was thinking of your question what I would like.
I ) With your permission, use the ppm from which I would remove any reference to you,
Saurabh, DST or any DST affiliates.
2) I would hope that you would be a special limited partner. We could structure that you
are not being charged fees. We could structure that you if you wish, have an
opportunity to co-invest in various deals whatever makes sense.
3) I possibility that I could use DST as a back office. (for two years or until or until I
could replace them) accounting etc.
I think this proposal is very fair and I would appreciate a personal response as soon as
you are able.
EFTA_R1_00378233
EFTA01929217
Thank you
Boris
From: Yuri Milner
Sent: Thursday, April 17, 2014 11:31 PM
To: Boris Nikolic
Cc: Yuri Milner Office; Anna Lebedkina
Subject: Re: Can we please talk?
Boris, of course.
Anna (cc'd) will help to coordinate the call on Friday or Saturday.
Yuri
Sent from my iPad
On 15 anp. 2014 r., at 22:33, "Boris Nikolic" < wrote:
Please let me time that works for you.
Boris
EFTA_R1_00378234
EFTA01929218