<table><tr><th>From:</th><th>Joi Ito</th></tr><tr><td>Sent:</td><td>Saturday, February 24, 2018 5:24 PM</td></tr><tr><td>To:</td><td>Jeffrey Epstein</td></tr><tr><td>Subject:</td><td>Reid / Fund</td></tr></table>

Reid said he will be in touch in the next few days. Seems like he really =ad gout and had to reschedule everything.

I talked to him about your thoughts on other structures than funds but I =hink he agreed with me that having my own fund is the most efficient =ime-wise and financially because working with any partner who would =ive me a deal worth taking would probably require more relationship =anagement than actually running my own fund.

He said he would be OK with putting in 15M into the fund. Can 115M from =ou to match? This would get me to the minimum 30M so I can get off and running and fill in the rest of the 50M with the rest of the folks but =eel secure that I'll =ollow-on have funding the and minimum. won't require This also too allows much me hand-holding. to =ust pick the investors that I think can contribute deal, support or

I'm around today and free until 3PM if you have time to talk.

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