Capital Technology Growth Fund focused on pre-IPO Silicon Valley companies EFTA00292375

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pro ore Capital EXECUTIVE SUMMARY Draper Andra Global is a late-stage Silicon Valley technology growth allocation fund = 30%+ target IRR returns, comparable to top-tier VCs = Democratizing venture capital by giving private investors access to the strongest portfolio companies of leading venture investors * Co-invest alongside the largest Silicon Valley VC firms in growth-stage technology companies * Liquidity Feature: Optional periodic redemptions of realized gains without the typical 7-10 year hold Illustrative Target Investment Positions i Global Indices IRR . : (10-year average) wish QPalantir ty Yoon Stipe nd EEE Sofi $38 GitHub DD MAROETA coinbase @ ocDoc : Bloomenergy cli * slack ; 10% a Ooi LL Bp (208 — [ Eventbrite] COHESITY : 4% 2% 0% : SSE sStowsoe si auth proteus affirm © couchbase Average IRR for the indices represents years 2007 — 2016. Average IRR for the Median, Top Quartile, and Top 5% US VC's represents years 2007 — 2014 (Source: Cambridge Associates). | 2 EFTA00292376

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pro r0 Capital THE OFFERING Inception Q3 2018 Offering Up to US $1 Billion Investment Objective Long-term capital appreciation and optional periodic liquidity for investors Target Return 30%+ IRR Targeted Investment Strategy Draper Andra Global allocates 80% of funds toward aggressive investments in leading private, late stage US technology companies. The aim is to distribute the balance of funds amongst active investments in earlier stage international companies where Andra Fund partners have domain experience. This portfolio approach is intended to produce a reduced-risk, high-reward model for investors. Pro forma Allocation 80% ae Investments / 20% Discretionary/Structured investments Minimum Investment $5,000,000 Management Fee 3% Management Incentive 20% management carried interest to Advisor Fund Life Perpetual | 3 EFTA00292377

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pre Capital WINNING STRATEGY PRODUCES IPOs . Top 10% decile VCs of invested capital results in greylockpartners. >60% of the exit distributions ? BENCHMARK . Andra Fund will monitor investment activities of top =e ACCEL . freee VCs to identify fast growing, late-stage companies LIV} P| D | BESSEMER ROREESSEN * Andra Fund will make direct investments in these BV. NEA. @ ORAPER companies via participation in primary VC-led ie rounds and secondary transactions | a . Andra Fund team and advisors have a history of direct access and relationships with these target 22 Dropbox 6 Spotify ey companies . Founders or employees of target companies can spacex QpPalantir achieve partial liquidity by selling their shares ° directly to the Andra Fund Bloomenergy *slack coinbase . Andra Fund will build a diversified portfolio of these lyfe @ cir companies DocuSige. — Tonight Eventbrite] Note: Indicative companies that meet (or met prior to IPO) Andra's screening criteria. | 4 EFTA00292378

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INVESTMENT TEAM

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TEAM Tim Draper Visionary Investor General Partner > Founding partner of leading venture capital firms Draper Associates and DFJ > Venture successes include Skype, DocuSign, Overture, Baidu, Tesla, SolarCity, Cruise, Parametric Technology, Hotmail, Digidesign, SpaceX, Robinhood, Twitch.tv, Coinbase and hundreds of others > Ranked 52 on the list of the 100 most influential Harvard Alumni, and seven on the Forbes Midas List. Named Always-On #1 top venture capital deal maker > Awarded the Commonwealth Club's Distinguished Citizen Award for achievements in green and sustainable energy Soeree DEJ pro r0 Capital Haydar Haba Venture Capitalist & Serial Entrepreneur General Partner > 20+ years of building successful companies with disruptive technologies that have generated billions in revenue > Founded and built IntelePeer, raising millions of dollars in VC and growing revenue to over $150mm > Founded Telco214 from launch to revenue of over $100 million > Board member/advisor for several tech companies > With deep knowledge on global cloud-based platforms and technologies, he has been featured in print, broadcast, and online media across the globe ~ oO) IntelePeer The Goud Communicators Company r EFTA00292380

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pror0 Capital TEAM Gabe Turner General Partner Paul Tuan Managing Director > $10 billion of Hl. capital raises, bonds, and private > Executive Director of Draper Venture Network, a spin-out from VC firm DFJ which grew to 20+ top performing regional VC firms placement transactions e ith Del S % > . \ > Over 10 years of investment banking and venture O omer pene ring _ _ a, areas A Bill capital experience at BAML, Jefferies, US Bancorp, MVP perations practice ke agian ingepeiemacovisor to the bi ~ ; & Melinda Gates Foundation Capital, and White Oak . . > Sits on Selection Committee of HBS Angels and Technology Me write oak Bankottmeriea Jofferjes (Sbancorp Advisory Board of Delta Air Lines BILL¢M / DRAPER SilieMENDA Deloitte, A DELTA Roman Glukhovsky General Partner Nicole DeMeo Chief Marketing Officer > 20 years in investment banking, venture capital and VC > Silicon Valley veteran, 20+ years accomplished business funded companies at Lehman Brothers, Banc of America launch, growth and turnaround expert Securities, Morgan Stanley, and Kernel Capital > C-level contributor and go-to-market strategist creating > 24+ direct and secondary technology investments with significantly increased valuations, acquisitions and IPOs co-investors such as Founders Fund, 500 Startups, SGE > Marketing strategist for Steve Jobs, Eric Schmidt and Carly State of NY, Microsoft, and Motorola Fiorina; Apple, HP and Accenture; Glispa; Earlybird Venture Banc of America Securities Capital, The September 11 Fund, New York Community Trust MorgaiiStanley = Kernel Capital > li LEHMAN BROTHERS “9 The September |hFund accenture |glispa hi : EFTA00292381

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pre Capita TEAM HAS CLOSED 300+ VENTURE DEALS AACALYPSO zuora *: SolarCity 23 Dropbox Vidlin J inteuus © SUGAR €) Jumptap hayneedle 3# a) mongo () coverity’ cloudera VIRTUAL = => > INSTRUMENTS conduit BS Lookout © PURESTORAGE O Palantir Q@LifeLock. 1 Linden Lab . fo POSTMATES * twitter ® NETWORKS ® MarkLogic: Linked ff) JAWBONE @ Harmony 2) Avvo. ODesk ZocDoc 1) IntelePeer. A zynga yf per irio © FLurRyY PROSPER? wish GILT THERAPEUTIC EFTA00292382

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pre Capital WORLD-CLASS SERVICE PROVIDERS ar Deloitte. Legal Counsel Auditor DUFF &PHELPS aPex Compliance & Valuation Fund Admin | 9 EFTA00292383

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INVESTMENT STRATEGY We select among the leading companies from Tier 1 venture capital firms — to achieve high returns with a reduced risk profile EFTA00292384

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INVESTMENT APPROACH Andra Fund y, Series D Series C Revenue General Startup Life Cycle Time EFTA00292385

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INVESTMENT PROCESS ANDRA FUND’S PORTFOLIO Andra Fund will target 20-40 opportunities Portfolio of tier 1 VC Companies valued at Top 3 in industry Nisionaty d investments over $500mm vertical See" Tocuse on growth ee 12 EFTA00292386

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Prore Capital INVESTMENT APPROACH * Diversified exposure into promising high- IPO growth private companies * Investment anchored last institutional priced primary round Fund Investment * Co-invest alongside top-tier venture Point capital investors Growth/Price * Can provide higher success ratios than traditional early stage venture capital funds Time EFTA00292387

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Prr0 Capital TRIPLE APPEAL IN DEAL SELECTION Tier 1 VC backing Leaders within their sector Late-stage private tech companies ($500mm+) The largest appreciation capture opportunity now comes prior to the initial public offering Changes to VC ecosystem have fragmented an asset class traditionally only accessible via top tier VCs and unavailable to new LPs The ability to access the best venture opportunities is now based largely upon strength of the local network in the entrepreneur ecosystem Nontraditional funding sources have an opportunity to invest at an advantaged time in companies’ life cycles 14 EFTA00292388

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Pore Capital INVESTMENT TIMING AND PRICING Andra Fund's Investment Point 10x 8x Q 6x ——Preferred 5 ——Common WW a 4x 2x YEARS 9 \ The differential in price between the value of common stock and preferred stock decreases over time as a potential company approaches an exit event. Andra Fund strategically selects the most attractive share class to take advantage of the price spreads. | 15 EFTA00292389

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Successful Entrepreneur Early Stage Venture Funds Key Angel Investors Private Wealth Founders and early company employees with substantial equity positions Looking to liquidate or pare down outsized appreciated positions Late-stage investments that mature outside their investment thesis Entrepreneurs who wish Management to diversify out of a Clients concentrated position a Service Providers Corporate Retirement Plan Clients Advisory Board Members Private Secondary Brokers Pro ore Capital PROPRIETARY DEAL FLOW ECOSYSTEM = and IPO attorneys, S, payroll, tax and benefits consultants Companies looking to fund share buyback to facilitate employee liquidity Key strategic partners with contacts within target companies Contacts that are active in trading or sourcing private stock 16 EFTA00292390

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Pror0 Capital INVESTMENT UNIVERSE 6 million Private companies in the US 100,000 With revenues of $20MM+ 20,000 In the relevant sectors +400 Backed by tier 1VCs 20-40 companies in the Andra Capital portfolio | 17 EFTA00292391

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pre Capital TRADITIONAL VC PORTFOLIO STRUCTURE VC Fund LLC Management GP COMPANY 14 COMPANY 2 COMPANY 3 COMPANY 4 COMPANY 5 COMPANY 6 COMPANY 7-20 Series A Series A Series A Series A Series A Series A Series A COMPANY 1 COMPANY 2 COMPANY 3 COMPANY 4 COMPANY 5 COMPANY 6 Series B Series B Series B Series B Series B Series B COMPANY 4 COMPANY 2 COMPANY 3 COMPANY 4 On average, a traditional early Series C Series C Series C Series C stage VC fund will make ~20 investments COMPANY 1 Acquired: . A . Series D 3x return ; m= One investment will provide all Traditional firms suffer from the profits of the firm, one or two — extremely high Beta to other investments may profit or ie generate returns break even, and the remainder ; will stagnate and/or lose all of m Every investment needs the the investment potential to be a grand slam 18 EFTA00292392

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pore Capital ANDRA FUND PORTFOLIO STRUCTURE Denotes Andra’s Andra Fund investment timing Andra Capital GP Series A COMPANY 1 COMPANY 2 COMPANY 3 COMPANY 4 COMPANY 5 COMPANY 6 COMPANY 7 COMPANY 8 Series B Series B Series B Series B Series B Series B Series B Series B COMPANY 1 COMPANY 2 COMPANY 3 COMPANY 4 COMPANY 5 COMPANY 6 COMPANY 7 Acquired: Series C Series C Series C Series C Series C Series C Series C 4.5x return Series D Se ) Series D xT ) S ) 4x return COMPANY 2 IPO: Acquired: IPO: Series E 3x return 2x return 5x return Acquired: m Andra Fund invests in companies at a later stage; allowing for greater 2x return 3x return certainty for a return and a larger portion of the portfolio to monetize COMPANY 1 COMPANY 2 COMPANY 3 COMPANY 4 COMPANY 5 IPO: a EFTA00292393

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pre Capital INVEST IN FASTEST GROWING COMPANIES airbn QPalantir lyre U2, sracné Oi: ; ea rouruo SE Fi] Sicomentiaal coinbase Uj eituan.cor Qunity CZF lesalzoom stripe x% slack Elance anaplan Affirm ZocDod “ewe # Nextdoor v robinhood lea 3 ‘ eo. magiclleap Osco INRIX ya uorda qualtrics \. FANATICS = «8 @tanum ZCXIX S Lookout Credit QyKarma tad Practice fusion carbon2) . ° ° INMOBI WB Kabbage Onatacaxt proteus HIGHTAIL _— AVANT APTTUS Gptimizely ghouzz @& Peithub sunrun oee up KID @ SQUARESPACE *\llustrative potential investment opportunities EFTA00292394

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APPENDIX

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pre Capita TIM DRAPER * Tim Draper is founding partner of leading venture capital firms Draper Associates and DFJ * Tim's original suggestion to use viral marketing in web-based email to geometrically spread an Internet product to its market was instrumental to the successes of Hotmail, YahooMail, and Gmail and has been adopted as a standard marketing technique by thousands of businesses * Venture successes include Skype, DocuSign, Overture, Baidu, Tesla, SolarCity, Cruise, Parametric Technology, Hotmail, Digidesign, SpaceX, Robinhood, Twitch.tv, Coinbase and hundreds of others * As an advocate for entrepreneurs and free markets, Tim is regularly featured as a keynote speaker in entrepreneurial conferences throughout the world, has been recognized as a leader in his field through numerous awards and honors, and has frequent TV, radio, and headline appearances * He was ranked 52 on the list of the 100 most influential Harvard Alumni, and seven on the Forbes Midas List. He was named Always-On #1 top venture capital deal maker. He was awarded the Commonwealth Club's Distinguished Citizen Award for achievements in green and sustainable energy EFTA00292396

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pre Capita HAYDAR HABA * Recognized internationally for his technological vision, and is a respected thought leader throughout the Internet and Telecom industries for his accomplishments as business leader and innovator * Serial entrepreneur with over 20 years of experience building a string of successful companies with disruptive technologies that have generated billions of dollars in revenue * Founded and built IntelePeer, Telco 214 and others from inception to exit, raising millions of dollars in Venture Capital * Founder and CEO of IntelePeer, and led the company from inception to over $150 million a year in revenue * Previously, he was the Founder and CTO of Telco214 where he built the company from launch to over $100 million in revenue * With deep knowledge and opinions on global cloud-based platforms and technologies, he has been featured in print, broadcast, and online media across the globe * Significant experience on technology company boards as a member or advisor, as well as IPO experience * Completed | course work in Electrical Engineering and holds Bachelor of Science and Master’s degrees from Florida Institute of Technology. He has several patents to his name EFTA00292397

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Pro ore Capital LEGAL DISCLAIMER THIS PRESENTATION HAS BEEN PREPARED SOLELY FOR USE BY PROSPECTIVE INVESTORS OF ANDRA FUND (THE “FUND") AND SHALL BE MAINTAINED IN STRICT CONFIDENCE. ANY REPRODUCTION OR DISTRIBUTION OF THIS PRESENTATION, IN WHOLE OR IN PART, OR THE DISCLOSURE OF ITS CONTENTS, WITHOUT THE PRIOR WRITTEN CONSENT OF THE FUND'S GENERAL PARTNER OR MANAGEMENT COMPANY, IS PROHIBITED. THIS PRESENTATION WILL BE RETURNED TO THE GENERAL PARTNER OR MANAGEMENT COMPANY UPON REQUEST. THE EXISTENCE AND NATURE OF ALL CONVERSATIONS REGARDING THE FUND MUST BE KEPT CONFIDENTIAL. THIS PRESENTATION HAS BEEN PREPARED IN CONNECTION WITH A PRIVATE OFFERING TO ACCREDITED INVESTORS OF LIMITED PARTNERSHIP INTERESTS IN THE FUND (THE “INTERESTS"). EACH INVESTOR WILL BE REQUIRED TO EXECUTE A LIMITED PARTNERSHIP AGREEMENT (OR SIMILAR OPERATING AGREEMENT), AND A SUBSCRIPTION AGREEMENT TO EFFECT AN INVESTMENT. IF ANY OF THE TERMS, CONDITIONS OR OTHER PROVISIONS OF SUCH AGREEMENTS ARE INCONSISTENT WITH OR CONTRARY TO THE DESCRIPTIONS OR TERMS IN THIS PRESENTATION, SUCH AGREEMENTS SHALL CONTROL. THIS PRESENTATION DOES NOT CONSTITUTE AN OFFER TO SELL, OR A SOLICITATION OF AN OFFER TO BUY, AN INTEREST IN ANY JURISDICTION IN WHICH IT IS UNLAWFUL TO MAKE SUCH AN OFFER OR SOLICITATION. NEITHER THE U.S. SECURITIES AND EXCHANGE COMMISSION NOR ANY OTHER FEDERAL, STATE OR FOREIGN AGENCY HAS APPROVED AN INVESTMENT IN THE FUND. FURTHERMORE, THE FOREGOING AUTHORITIES HAVE NOT CONFIRMED THE ACCURACY OR DETERMINED THE ADEQUACY OF THIS PRESENTATION. IT IS THE RESPONSIBILITY OF ANY PERSON OR ENTITY WISHING TO PURCHASE AN INTEREST TO SATISFY HIMSELF, HERSELF OR ITSELF AS TO THE FULL OBSERVANCE OF THE LAWS OF ANY RELEVANT TERRITORY IN CONNECTION WITH ANY SUCH PURCHASE, INCLUDING O8TAINING ANY REQUIRED GOVERNMENTAL OR OTHER CONSENTS OR OBSERVING ANY OTHER APPLICABLE FORMALITIES. THE INTERESTS HAVE NOT BEEN REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS OR THE LAWS OF ANY FOREIGN JURISDICTION. THE FUND WILL NOT BE REGISTERED AS AN INVESTMENT COMPANY UNDER THE U.S. INVESTMENT COMPANY ACT OF 1940, AS AMENDED (THE “COMPANY ACT"). CONSEQUENTLY, INVESTORS WILL NOT BE AFFORDED THE PROTECTIONS OF THE COMPANY ACT. THE FUND’S INVESTMENTS WILL BE CHARACTERIZED BY A HIGH DEGREE OF RISK, VOLATILITY AND ILLIQUIDITY. CERTAIN INFORMATION CONTAINED HEREIN HAS BEEN OBTAINED FROM OTHER PARTIES. WHILE SUCH SOURCES ARE BELIEVED TO BE RELIABLE, NEITHER THE FUND, THE GENERAL PARTNER, THE MANAGEMENT COMPANY, NOR THEIR RESPECTIVE AFFILIATES ASSUME ANY RESPONSIBILITY FOR THE ACCURACY OR COMPLETENESS OF SUCH INFORMATION. THE INFORMATION SET FORTH IN THIS PRESENTATION DOES NOT PURPORT TO BE COMPLETE AND NO OBLIGATION TO UPDATE OR OTHERWISE REVISE SUCH INFORMATION IS BEING ASSUMED. A PROSPECTIVE INVESTOR MUST RELY SOLELY ON THE TERMS OF, AND DISCLOSURE OF INFORMATION IN THE FUND’S GOVERNING DOCUMENTS; THE ONLY BASIS ON WHICH SUBSCRIPTIONS MAY BE MADE. IN CONSIDERING THE PRIOR PERFORMANCE INFORMATION OF THE INDIVIDUAL INVESTMENTS CONTAINED HEREIN, PROSPECTIVE INVESTORS SHOULD BEAR IN MIND THAT PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS, AND THERE CAN BE NO ASSURANCE THAT THE FUND WILL ACHIEVE COMPARABLE RESULTS. CERTAIN STATEMENTS IN THIS PRESENTATION CONSTITUTE FORWARD-LOOKING STATEMENTS. SUCH FORWARD-LOOKING STATEMENTS, INCLUDING THE INTENDED ACTIONS AND PERFORMANCE OBJECTIVES OF THE GENERAL PARTNER, THE MANAGEMENT COMPANY OR THE FUND REFERENCED HEREIN, INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES, AND OTHER IMPORTANT FACTORS THAT COULD CAUSE THE ACTUAL RESULTS, PERFORMANCE, OR ACHIEVEMENTS OF THE GENERAL PARTNER, THE MANAGEMENT COMPANY OR THE FUND TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE, OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS. | 24 EFTA00292398

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