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Eric D. Schwerin
eschwerin@rosemontseneca.com

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Begin forwarded message:

> From: John DeLoche <jdeloche@rosemontseneca.com>
> Date: August 9, 2012 1:11:23 PM EDT
> To: Devon Archer <darcher@rosemontseneca.com>, Neil Callahan <ncallahan@rosemontseneca.com>, Jared Barlow <jbarlow@rosemontseneca.com>
> Cc: Eric Schwerin <eschwerin@rosemontseneca.com>
> Subject: not a good update
>
> Guys,
>
> Just got a call from Pantheon--Pantheon's International investment committee killed the deal--despite the deal team's strong support and the secondary team's approval, people unfamiliar with the semi space who had preconceived negative associations with it decided they would not proceed. According to Matt Jones, he and his entire deal team would put their own money in the deal and they are "bitterly disappointed," but despite that their hands are tied and they cannot proceed. They also apologized profusely that they mis-handicapped how difficult it would be to get past their IIC as this apparently very rarely happens.
>
> So, I am back to Crosslink to try to get them to come in large and we should keep pushing on others.
>
> John
>
> John DeLoche
> Managing Director
> Rosemont Seneca Technology Partners
> One Market, Spear Tower, 36th Floor
> San Francisco, CA 94105
> office: 415 293 8147
> mobile: 415 793 7070
>
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>=2