Vulcan Capital KEY CORPORATE FACTS / KPIs INVESTOR DESCRIPTION Offices Palo Alto, Seattle Vulcan Capital is the multi-billion dollar investment arm of Microsoft co-founder and philanthropist Paul Allen. We are not limited by traditional deal structures, asset classes, or holding periods. Instead we take an entrepreneur- friendly approach and can invest in both private and public companies with a long term investment Founded 1986 horizon. Vulcan’s growth equity fund is focused on making $10‐$100 million sized investments into leading internet and technology companies, including mid‐ to late‐stage venture capital, recaps, growth buyouts, and strategic public market block investments. Employees 30+ Current Fund Size $5bn+ Use of Debt Yes SELECTED PORTFOLIO COMPANIES AUM Multi-billion • Flipkart is the leading e-commerce destination in India • Magic Leap is developing augmented reality technology Target Investment Size $10m–$100m • Scytl is the global leader in secure election management and electronic voting solutions Target Geographies US, Europe, Asia • Spotify is the world’s leading digital music platform Internet, Mobile, Target Sectors Enterprise Software • Uber is the world’s largest transportation marketplace Investment Style Growth stage Full Portfolio • http://capital.vulcan.com/ Deal Structures Minority or Majority, Debt or Equity KEY CONTACTS • Abhishek Agrawal • Previously at General Atlantic in New York Key Investment Criteria Rapid revenue growth • Managing Director & Head of Growth • Investments include: Alibaba, Flipkart, Spotify, Uber, Equity Magic Leap, Avvo, TrueCar, Scytl, Zuora, AKQA, Klarna, Red Ventures, Dice, and Network Solutions Website capital.vulcan.com Contact Email [email protected] Contact Phone +1 650 329 5921

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