EFTA02513454

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From: jeffrey E. <[email protected]> Sent: Tuesday, January 13, 2015 8:50 PM To: Joichi Ito Subject: Re: update ok On Tue, Jan 13, 2015 at 4:39 PM, Joichi Ito > wrote: This is the electronic nose project. Dealing with the conflict of int=rest issues at MIT, but I'll get an anti-dilution per below. I thi=k it's a very good deal. Assume you're still OK with doing=this? -Joi =egin forwarded message: F=om: David Date: January 13, 2015 at=3:32:38 PM EST Sub=ect: update To: Joichi Ito =oi, I think you know the price on this round was established long before w= had lab results. So, the last money in the round is basically a gift to w=oever claims it. I'm pretty sure I can find a way to provide a weighte= antidil, even if it means retroactively giving it to everyone in the roun=. I realized I should have blind copied you on my letter to Ken Goldsmith =esterday. Here's what I wrote: =/div> Hello Ken, Thank you for y=ur time on the phone last week. I'm operating under the assumption tha=, if possible, MIT would like to help one of its entrepreneurial offspring=succeed... but (understandably) not at the cost of its integrity or polici=s. I'm writing because I have new information and a proposal I beleive=satisfies all these criteria. EFTA_R1_01646625 EFTA02513454 Our discussion was about actual conflict of =nterest and of the appearance. I will address each separately: Actu=l COI I double-checked and confirme= that due to the nature of the compan