From: Richard Kahn
Sent: Monday, April 13, 2015 3:15 PM
To: Jeffrey E.
Subject: Joi Ito update
last Dec when we spoke about people investments with Linda =tone, George Church, Boris and Joi you mentioned you
would allocate =-10mm per person
so =ar to date we have the following investments outstanding with Joi at =ost:
Kyara =I gspan>250,000
Kyara III =/span>500,000
Kyara IV 250,000
Coinbase =,001,000
Neoteny =nbsp; 1,000,000
TotaI=Joi Inv =/span> 5,001,000
Notes:
1) =nbsp;Kyara I we invested 100,000 and received back 300,000 (for a =00,000 profit)
2) Valar total commitment is =5,000,000 however i do not believe this relates to Joi
Richard Kahn
HBRK Associates Inc.
575 Lexington =venue 4th Floor
New York, NY 10022
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