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important disclosures the views expressed here are those of the individual capital management a personnel quoted and are not the views of a or its affiliates certain information contained in here has been obtained from third party sources including from portfolio companies of funds managed by a while taken from sources believed to be reliable a has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation this content is provided for informational purposes only and should not be relied upon as legal business investment or tax advice you should consult your own advisers as to those matters references to any securities digital assets tokens and or are for illustrative purposes only and do not constitute a recommendation to invest in any such instrument nor do such references constitute an offer to provide investment advisory services furthermore this content is not directed at nor intended for use by any investors or prospective investors and may not under any circumstances be relied upon when making a decision to invest in any fund managed by a an offering to invest in an a fund will be made only by the private placement memorandum subscription agreement and other relevant documentation of any such fund and should be read in their entirety any investments or portfolio companies mentioned referred to or described are not representative of all investments in vehicles managed by a and there can be no assurance that the investments will be profitable or that other investments made in the future will have similar characteristics or results a list of investments made by funds managed by excluding investments for which the issuer has not provided permission for a to disclose publicly as well as unannounced investments in publicly traded digital assets is available at decision past performance is not indicative of future results the content speaks only as of the date indicated any projections estimates forecasts targets prospects and or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by please see a for additional information | a16z
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May 2020
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