From: Richard Kahn

From: Richard Kahn To: Jeffrey Epstein <[email protected]> Subject: Fwd: call Date: Mon, 05 Nov 2018 16:18:27 +0000 Attachments: Valar Update_ Fall_2018.pdf attached is PDF on funds II & III that we are in i have call today at 3pm EST please advise if you would like to join thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor Begin forwarded message: From: Andrew McCormack < Subject: Re: call Date: November 4, 2018 at 7:57:21 AM EST To: Richard Kahn < Cc: James Fitzgerald < Hi Richard, Attached is our Fall update. I look forward to speaking with you in more detail tomorrow. Warm regards, Andrew On Thu, Nov 1, 2018 at 11:22 AM Richard Kahn confirming 3pm on the 5th for a call thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor wrote: EFTA01017569 cell 917-414-7584 On Nov I, 2018, at 10:50 AM, Andrew McCormack < wrote: 3pm on the 5th or 12pm on the 6th work for me. One more thing to consider - we will be in the market in Q1 for Valar V. It would be great to know if Jeffrey is considering investing with us again. Maybe the public markets aren't so great after all... Sent via Superhuman iOS On Thu, Nov 1 2018 at 10:46 AM, Richard Kahn < lets chat next week after i have read fall update please advise on times that may work for you thanks Richard Kahn HBRK. Associates Inc. 575 Lexington Avenue 4th Floor New York. NY 10022 On Nov 1, 2018, at 10:43 AM, James Fitzgerald =In wrote: Happy to chat; and FYI we are sending out a Fall Update in the next few days. On Thu, Nov 1, 2018 at 10:25 AM, Richard Kahn < can you please advise when you have time to review funds II & III thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 wrote: wrote: EFTA01017570 On May 10, 2018, at 4:33 PM, James Fitzgerald <> wrote: Dear Investors, We are pleased to present you with the attached Valar Ventures 2018 Annual Report, which provides an update on all major investments in Valar Funds 1, 2 and 3, as well as a short update on the initial investments we are making in Fund 4. As you can see, all the funds are performing nicely, and we are seeing a lot of very high quality investment opportunities for Fund 4. We appreciate your continued support and look forward to catching up with many of you over the coming months. As always, if you have any questions, please feel free to reach out to us. Best regards, James and Andrew <Valar - 2018 Annual Report.pdf><Valar Fund 4 Initial Investments.pdf James Fitzgerald / Valar Ventures / 915 Broadway / Suite 1101 / New York NY 10010 EFTA01017571