EMAIL DETAILS

If they get steady user growth they get bought for sure.

--------------------
Neil Callahan
Rosemont Seneca
917-945-9516

> On Jun 18, 2014, at 8:13 PM, Devon Archer <darcher@rosemontcapital.com> wrote:
>
> It will trade away but I bet its a home run when all is said and done.
>
> Devon Archer
> 646 436 3745
>
> On Jun 18, 2014, at 5:49 PM, "John DeLoche" <john@rstp.com> wrote:
>
>> You guys asked the right questions. If this goes away from us its ok--there are many other deals to do and we have to stick to our criteria. Interesting deal tho to track.
>>
>> John DeLoche
>> Co-founder and Managing Director
>> Rosemont Seneca Technology Partners
>> 333 Bush Street, 21st Floor
>> San Francisco, CA 94104
>> office: 415 767 1288
>> mobile: 415 793 7070
>>
>> This email communication is privileged and confidential and is intended only for the individuals or entities named above. Any unauthorized dissemination of any of the contents of this email is strictly prohibited. If you are not the intended recipient, please do not read, copy, use or disclose to others the contents of this communication. Please notify the sender that you have received this e-mail in error and then delete the e-mail.
>>
>>
>>> On Wed, Jun 18, 2014 at 2:29 PM, Sebastian Momtazi <smomtazi@rosemontcapital.com> wrote:
>>> Team,
>>>
>>>
>>>
>>> FYI. After speaking with Will and Devon today I sent the below e-mail. See the response -- we knew it would be moving quickly(!)
>>>
>>>
>>>
>>> S
>>>
>>>
>>>
>>>
>>>
>>>
>>>
>>> From: Mark Patricof [mailto:mpatricof@mesaglobal.com]
>>> Sent: Wednesday, June 18, 2014 5:22 PM
>>> To: Sebastian Momtazi
>>> Cc: will@rstp.com
>>> Subject: RE: Fanduel
>>>
>>>
>>>
>>> Hi Sebastian,
>>>
>>>
>>>
>>> Appreciate the questions, but we are too far down the road w other parties to revisit with Rosemont. Will stay in touch on other deals.
>>>
>>>
>>>
>>> Best,
>>>
>>>
>>>
>>> Mark
>>>
>>>
>>>
>>>
>>>
>>> From: Sebastian Momtazi [mailto:smomtazi@rosemontcapital.com]
>>> Sent: Wednesday, June 18, 2014 5:17 PM
>>> To: Mark Patricof
>>> Cc: will@rstp.com
>>> Subject: Fanduel
>>>
>>>
>>>
>>> Mark,
>>>
>>>
>>>
>>> Thank you for bringing Nick in to meet with myself and Devon. We’ve been looking through the dataroom with the team here at RSTP and have a few questions about the path to profitability.
>>>
>>>
>>>
>>> We see that you hit profitability earlier in the conservative case according to the model, but that subsequent growth is not as explosive as the growth case version. Is there a scenario you have modelled out where you hit profitability even earlier than the conservative case and perhaps use those funds to fuel growth organically instead of with an outside injection for advertising spend?
>>>
>>>
>>>
>>> Secondly, I note that amex payments are only taken through paypal. Could you speak to that a little bit, and perhaps give an overview of the payment processing relationships you have and any concerns going forward?
>>>
>>>
>>>
>>> Thank you so much,
>>>
>>>
>>>
>>> Sebastia