EFTA00810474Set 9
35p3,768w
financing
transactions are planned for 2018; Potential
secondary round contemplated in mid-2019.
Valar Cost Basis: $22.2M
1 Valar is the largest outside investor in Transferwise, Current ... annualized when
Valar first invested in 2010 to over $600M
annualized today. Valar Cost Basis: $31.4M
Current FMV (includes distributions): $127.2M
✓ Xero's continued success since our partial ... customer adoption — 150,000 "Spaces" already
created since launch in July 2018.
Valar Cost Basis: $25.7M
✓ Customers becoming more profitable — 55% margin
for each active customer. Current
https://www.justice.gov/epstein/files/DataSet%209/EFTA00810474.pdf