EFTA02585725.pdf
dataset_11 pdf 239.5 KB • Feb 3, 2026 • 3 pages
From: Joichi Ito
Sent: Wednesday, July 9, 2014 9:51 PM
To: Jeffrey Epstein
Subject: Re: Things
OK
On Jul 10, 2014, at 06:49 , jeffrey E. <jeevacation@gmail.com> wrote:
> use of funds, most importnat
> On Wed, Jul 9, 2014 at 5:48 PM, Joichi Ito wrote:
> I'll try to get his financial model.
> On Jul 10, 2014, at 06:47 , jeffrey E. <jeevacation@gmail.com> wrote:
> doesn't say what roylaty rate applys before 65k units
>>
>>
> On Wed, Jul 9, 2014 at 5:46 PM, Joichi Ito < rote:
> OK. Why don't I dig in a bit more. I have some concerns about the =njection molding manufacturing. I'm going to
Shenzhen for 4 days to =ook at factories and meet people. I'm also concerned about the ramp up =f the team. If I kick
the tires and it looks good, I'll let you know =nd maybe we should do more. Thanks.
>>
» - Joi
>>
> On Jul 10, 2014, at 06:44 , jeffrey E. <jeevacation@gmail.com> =rote:
>>
> > I like the space , we can do more if you want
>> >
>> >
> > > On Wed, Jul 9, 2014 at 5:41 PM, Joichi Ito wrote:
> » I'll be meeting with David soon to follow up.
>> >
> > Begin forwarded message:
>> >
> > » From: David Smith
<d-
> > » Subject: Re: Things
> > » Date: July 8, 2014 at 05:39:56 +0900
> > » To: Joichi Ito
>>»
> > » Hi Joi,
>>»
> > » Lots happening. We should talk soon.
> > » • I have the license from Lockheed (finally). 31 patents and =atent pending. Pretty good deal but not cheap. $0.5M
in 30 days. $1.5M =n 200 days. Royalty rate is good - drops to 2% after 65k units.
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> > » - A NC investor group is interested in $5M. We told them $25M =re. They pushed back and had us meet with
Blake Krikorian who knows =ou. He loved the product and positioning so I think we can hold our =ine on valuation. Blake
also asked for a convertible note like yours. =hould know about the NC group soon.
>> » Intel is looking at $1.5M convertible note.
> > » - Met with Google and they said they were interested in an =cquisition. No idea what valuation they are going to
consider. Any =deas?
> > » - Working with Flextronics on manufacturing. Very interesting =roup. No problem in scaling.
> > » - Apple is interested in selling the device in their stores with =n exclusive for the new iPad mini. October is a very
big date with =hem.
> > » - Amazon is also interested and wants us to go to Seattle to meet =heir management.
>>»
> > » That said, we need to raise money quickly so I need to expand my =earch. Help here would be very valuable.
>>»
> > » Best regards,
>>»
> > » David
>>»
>> >
>> >
>> >
>>>
>> >
>>>
>>> please note
> » The information contained in this communication is confidential,
> » may be attorney-client privileged, may constitute inside
> » information, and is intended only for the use of the addressee. It
> » is the property of JEE Unauthorized use, disclosure or copying of
> » this communication or any part thereof is strictly prohibited and
> > may be unlawful. If you have received this communication in error,
> > please notify us immediately by return e-mail or by e-mail to
> > jeevacation@gmail.com, and destroy this communication and all
> > copies thereof, including all attachments. copyright -all rights
> > reserved
>>
> > --
» Please use joi@rakoku.com for venture related email
>>
>>
>>
>>
> > --
>> please note
> The information contained in this communication is confidential, may
> be attorney-client privileged, may constitute inside information,
> and is intended only for the use of the addressee. It is the
> property of JEE Unauthorized use, disclosure or copying of this
> communication or any part thereof is strictly prohibited and may be
> unlawful. If you have received this communication in error, please
> notify us immediately by return e-mail or by e-mail to
> jeevacation@gmail.com, and destroy this communication and all copies
> thereof, including all attachments. copyright -all rights reserved
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> --
> Please u r venture related email
> --
> please note
> The information contained in this communication is confidential, may
> be attorney-client privileged, may constitute inside information, and
> is intended only for the use of the addressee. It is the property of
> JEE Unauthorized use, disclosure or copying of this communication or
> any part thereof is strictly prohibited and may be unlawful. If you
> have received this communication in error, please notify us
> immediately by return e-mail or by e-mail to jeevacation@gmail.com,
> and destroy this communication and all copies thereof, including all
> attachments. copyright -all rights reserved
Please use for venture related email
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