From: "jeffrey E." <jeevacation@gmail.com>

From: "jeffrey E." <jeevacation@gmail.com> To: "Lawrence H. Summers" Subject: Fwd: Meeting Date: Thu, 13 Jul 2017 14:37:07 +0000 Attachments: NautilusX_-_LLC_Operating_Agreement.doc; NautilusThink_2015.PDF Proof Forwarded message From: John Steele czi Date: Thu, Jul 13, 2017 at 10:30 AM Subject: Meeting To: jeffrey E. leevacation@gmail.com> Cc: Lhs cti Jeffrey, I just wanted say what a pleasure it was to meet you yesterday and thank for making your time available to hear more about Nautilus. You mentioned how comfortable you are in the world of numbers...so I wanted to provide a few more. Nautilus Revenue 2016 (minus grants) - $873,951...up 30% year over year since 2013 Revenue Year to Date 2017 - $773,600 Subscription revenue up 91% ($270,000 vs $143,282) over same period in 2016 and Q4 historically accounts for 40% of Nautilus' subscription revenue. Nautilus online traffic Jan 1, 2016 to July 13, 2016 - 6,321,786 page views Year to date 2017 - 9,118,936 page views up 44% From 2013 to 2016 annual growth was over 30% year over year. And all of this growth was organic with no real marketing. I've attached our 2015 990. It was the transitional year for Nautilus as we transferred all the Nautilus assets from Nautilus Ventures LLC to NautilusThink Inc, the 501(c)(3) and the foundation hired Ventures to produce the magazine during the transition....so the costs are listed as a "program expense" and not delineated. The transfer was completed in 2015 and Nautilus Ventures LLC was dissolved. I've also attached a draft operating agreement prepared with Robert Lyons at Marks Paneth for a for- profit newco that would be partly owned by the 501(c)(3), as we discussed the mechanics of such an hybrid entity. Thanks again and look forward to hearing back from you next week. John John Steele Publisher & Editorial Director Nautilus EFTA01047254 25 Broadway, 9th Floor New York NY 10004 www.nautil.us please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA01047255