EFTA Document EFTA01914569

To: Epstein JeffreyHeeyacationagmail.comj From: S.M. Kosslyn Sent Sat 7/19/2014 6:44:12 PM Subject: Re: I think Ben needed to hear what you had to say, if only to think it through. After we left, I realized that NSF and NIH grants are always given for 3 - 5 years. This is necessary so that the researcher has enough time to complete a complex project. BUT (and here's where your comments come in) the researcher has to write a progress report each year, and if s/he just sat on the money or abused it in some way, the rest may be taken back. This "innocent until proven guilty" approach is different from what you seemed to be proposing (if I understood you properly), which is essentially providing only enough for a short period and then seeing how things go before providing more. Silicon Valley operates in a similar way to NSF and NIH in this respect. SV does front load large amounts--but they don't then just walk away. For example, they gave Ben 25M, but have kept him on a short leash. If he were to screw up royally, I'm sure they would not just sit on their hands. Switching topics: Bob just asked for your email address. Some weird vibes there, I thought... Onward&upward etc.. Be well! s. JJJJJJJJJJJJJJJJJJJJJJJJJJ S.M. Kosslvn On 18 Jul 2014, at 10:52 PM, jeffrey E. wrote: was it too tough On Sat, Jul 19, 2014 at 1:32 AM, S.M. Kosslyn ‹ > wrote: Was fun! Thanks again for your time and hospitality. Have a great Paris!! EFTA_R1_00353208 EFTA01914569 S Sent from my phone, so please forgive the brevity! On Jul 18, 2014, at 6:36 PM, "jeffrey E." <jeevacation@gmail.com> wrote: ok 9 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 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 jeevacationOgmail.com and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA_R1_00353209 EFTA01914570