Re: Re:
hoasain called me k , i told him i couldn't speak to him until friday, he strarted that the bgi guys are trying to fuck you, he said you told him that bill gave you 100-2-- million to invest. and that the bgi guys don't like you, be careful of what you share with others.?
he said you told him , !! he said that you told him that bill had commited between 100 and 200. had given you the green light toinvcst in his deal and it was now up to you, . it was limited to science and medicine. he said the kleiner people had told bgi that he , hossain ,was the best visionary in their portfolio. he also said that he was thinking of offering you and bill advisory shares. ( which i also think is sleazy, it sounded to me like a bribe to you . )
On Tue, Apr 16, 2013 at 3:33 PM, Boris Nikolic <████████████████> wrote:
I have an internet on my flight!
I HATE what you heard. It is dangerous. And it is NOT correct. That investment makes sense we would make it.
I fully understand why he is doing it (it is much easier exit for him). However I do not understand how he got it. I talked to him at TED briefly re this and he probably connected dots.,
You are totally correct — I must be careful.
I will send in next hour an email to you and Hosain as you requested.
B
be tough with him on thurs this is BULLSHIT that you and i don't need,
On Tue, Apr 16, 2013 at 3:54 PM, Boris Nikolic ‹ > wrote:
At TED when we met and discuss first time, I did tell him that Bill committed around 100M. And that if makes sense I can invest in various company in science and tech.
I never complained about bgi. In matter of fact — I do think they are very good. This deal is a great example how they can catch something I would not do. It is in my interest to have people running numbers and figuring out whether it makes sense.
I told him when we talked initially that I do not expect bgi doing super detailed due diligence. They just need to check if there are any red flags — and if none that I expect that it goes fast and easy (as previous due diligence was done by KP, Khosla etc).
His 25M previously undisclosed investment at the same discounted valuation made me look like an idiot and it triggered bgi to look into more details.
I told bgi that there is no more investment coming in (until a large one from Goldman that would increase valuation to 2.2 or so) and that we are the only one to get this valuation at this time point.
I ended up looking naïve and stupid.
I do not know what Kleinier told bgi re Hosain.
I just know that Kleiner did very poor diligence — please note that they entered in the higher valuation of 1.5B!
B