From: Brock Pierce <1 To: Jeffrey Epstein <jeevacation@gmail.com>, Richard Kahn <1 Subject: Fwd: The Blockchain Report: Welcome to the Internet of Value Date: Wed, 04 Nov 2015 18:35:32 +0000 Attachments: The_Blockchain_Report-_Welcome_to_the_Intemet_of Value.pdf; D26BB419-BBC4-4180- 9D75-04F169612828[2].png We helped Needham's analysts prepare this hence the shoutout. Forwarded message From: Bogart, Spencer <I Date: Wed, Oct 21, 2015 at 12:01 PM Subject: The Blockchain Report: Welcome to the Internet of Value 1'o: " "Brock®blockchain.capital" Bart, Brad, and Brock, 1 < Just published Wall Street's first blockchain industry report—attached here. You'll see a shoutout to Blockchain Capital in the Investment Opportunities section. Looking forward to working with you guys going forward. Regards, Spencer Bogart, CFA Equity Research Associate Software (SaaS) Needham & Com an . LLC 1 101 Mission Street. Suite 2050 I San Francisco, California 94105 Office: I Mobile l Email: Please go to for important information about Needham & Company, LLC's rating system, historical rating and price target information or research conflict disclosures. Pursuant to SEC and FINRA requirements, all incoming and outgoing email of Needham & Company, LLC is subject to review. Please note that Needham & Company, LLC does not allow the use of email to request, authorize, or effect the purchase or sale of any security, to send fund transfer instructions, or to effect any other transactions. Any such request, orders, or instructions that you send will not be accepted and will not be processed. Furthermore, the confidentiality of Internet email cannot be assured. Internet communications are not secure and therefore Needham & Company, LLC does not accept legal responsibility for the contents of this EFTA00841500 message. Any views or opinions presented are solely those of the author and do not necessarily represent those of Needham & Company, LLC, unless otherwise specifically stated. EFTA00841501