EFTA00826046.pdf

From: Brock Pierce <1 To: Richard Kahn < >, Jeffrey Epstein <jeevacation®gmail.com> Subject: Fwd: FW: Coinbase Investor Newsletter Date: The, 07 Jun 2016 20:26:15 +0000 Inline-Images: 7AAF7059-6250-4DE5-9416-83CDA906F024.png; 1_(I).png Last update I sent you was for March. This is April. Don't have May. Tracking it down now. Forwarded message -- From: W Bradford Stephens Date: Mon, Apr 4, 2016 at 9:42 1 M Subject: FW: Coinbase Investor Newsletter To: Brock Pierce W. Bradford Stephens Rcid:D8B0B9A6-A4B3-4556-9DC8- C75863387858 Co-Pounder and Managing Partner Blockchain Capital LLC www.blockchain.capital Invest alongside us or follow our individual investments at httpsdthigel.co/blockchain-capitalisyndicate Here is our monthly update: How much money is in the bank? $59.9M How much revenue did we make last month? $675K How much cash did we burn in the last month? 51AM Projected months of runway 45 months # of employees 101.5 (now includes contractors and PT as 0.5) EFTA00826046 What is our primary growth metric? Dollars of bitcoin traded What % did our primary metric grow last month? -21% 1 (1).png Summary • Ethereum: Targeting Q2 launch on exchange platform. Currency has attracted substantial interest and has the second largest digital currency trading volume (behind bitcoin). • Scaling Bitcoln: Have been working with the bitcoin community (and traveled to China) to encourage a doubling of the block size to ease concerns about bitcoin scaling. • Mission: We clarified our mission, which is to create an open financial system for the world. The first step in our plan to do this is to become the highest volume retail and institutional exchange for digital currency. • Launches: we launched debit card integration, a USAA integration, and stop loss orders on our exchange. Brian Armstrong Co-founder and CEO Coinbase San Francisco, CA, USA You received this message because you are subscribed to the Google Groups "Investors" group. To unsubscribe from this group and stop receiving emails from it, send an email to investors+unsubscribePcoinbase.com. Brock Pierce ; 61 Managing Partner Follow me on Twitter: ©brockpierce Co-invest with Blockchain Capital Q https://angel.co/blockchain-capital/syndicate Linkedin: http://www.linkedin.com/intbrockpierce IMPORTANT NOTICE: This message is intended only for the use of the individual or entity to which it is addressed, and may contain information that is privileged, confidential and exempt from disclosure under applicable EFTA00826047 law. If the reader of this message is not the intended recipient, or the employee or agent responsible for delivering the message to the intended recipient, you are hereby notified. EFTA00826048