<table><tr><th>From:</th><th>jeffrey E. &lt;jeevacation@gmail.com&gt;</th></tr><tr><td>Sent:</td><td>Thursday, July 16, 2015 10:24 AM</td></tr><tr><td>To:</td><td>Peter Thiel</td></tr><tr><td>Subject:</td><td>Re:</td></tr></table>

i guess the 20 billion valuation of pallentier relies only=on econmomics? ?! , peace of mind, health , safety, convenienc=„ owning or renting usually comes out behind , wrong metric,=C2 . are you on my coast , or awake in the middel of the night on=yours.

=n Thu, Jul 16, 2015 at 6:16 AM, Peter Thiel < =la» wrote:

Second at this point — still =ot sure economics work...

From: jeffrey E. [mailto:jeevacation@gmail.com]
Sent: Thursday, July 16, 2015 3:01 AM
To: Peter Thiel
Subject:

your buddy reid is getting on the plane wagon. =. will you be first or second

--

please no=e

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## please =ote

The information contained in this communication is confiden=ial, may be attorney-client privileged, may constitute inside informati=n, and is intended only for the use of the addressee. It is the propert= of JEE Unauthorized use, disclosure or copying of this communica=ion or any part thereof is strictly prohibited and may be unlawful. If =ou have received this communication in error, please notify us immediat=ly by return e-mail or by e-mail to jeevacation@gmail.com <mailto:jeevacation@gmail=com> , and destroy this comm=nication and all copies thereof, including all attachments. copyright -.II rights reserved