LINDEN RESEARCH, INC.
SAN FRANCISCO, CA

Having founded three business, Jed Smith understands the many needs of an entrepreneur - from analytical market research to hiring world class teams to reaching for a game changing, industry changing world changing vision. With this entrepreneurial and operating experience, Jed appreciates the art of the company building process and has an array of functional business skills available for short term impact as well as a long term temperament to drive lasting value. Jed has participated in over 100 transactions and has had multiple successful exits as a venture capitalist over the last 13 years and through Catamount's four funds. With 23 years of high growth start-up experience, Jed has leveraged his background as a proven operator to build successful companies. Prior to launching Catamount, in 1997, Jed founded drugstore.com (NASDAQ: DSCM) in 1997, and helped recruit and serve on the board of directors with John Doerr, Brook Byers, Peter Neupert, Howard Schultz and Jeff Bezos. Drugstore.com eventually was sold to Walgreens for ~$450M. Prior to drugstore.com in 1994, Jed co-founded and spent four years at Cybersmith, a breakthrough retail chain that showcased the latest advances in information technology, internet and multimedia software, industries in their nascent stages. Before that, Jed was Vice President of Sales at Tribe Computer Works, a networking hardware and software firm that was successfully sold. Jed began his career in technology in the late 1980s working for Tom Siebel and Marc Benioff at Oracle Corporation, was promoted three times ultimately serving as District Manager for Eastern Region VARs. Jed has advised many private companies and currently serves on the boards of Linden Lab, Banyan Water, Plum Organics and Revolution Foods. He has also served on the boards of several education and non-profit institutions, including the Board of Trustees of Middlebury College, the Monterey Institute for International Studies, Shackleton Schools and the Cambridge Center for Adult Education. Jed earned a BA from Middlebury College and an MBA from Harvard Business School. Bill Gurley joined Benchmark Capital in 1999 after spending two years as a partner with Hummer Winblad Venture Partners. Before entering the venture capital business, Bill spent four years on Wall Street as a top-ranked research analyst, including three years at CS First Boston focusing on the personal computer hardware and software business. His research coverage included such companies as Dell, Compaq, and Microsoft, and he was the lead analyst on the Amazon IPO. In both 1995 and 1996, Bill was a member of the Institutional Investor All-American Research Team. Prior to his investment career, Bill was a design engineer at Compaq Computer, where he worked on products such as the 486/50 and Compaq's initial multi-processor server. Before Compaq, he served in the technical marketing group of Advanced Micro Devices' embedded processor division. Bill is the author of the Above the Crowd newsletter which focuses on the evolution and economics of high technology businesses. Bill is a Chartered Financial Analyst and received an MBA from the University of Texas in 1993 and a BS in Computer Science from the University of Florida in 1989. Dana Evan brings a unique combination of strategic and executional strengths to more than 20 years of leadership experience in global finance and operations management. Ms. Evan served for 12 years as CFO of VeriSign, Inc., where she was a founding executive and a significant contributor to the company's growth and profitability. She led VeriSign's worldwide operations related to finance and accounting, real estate and property management, legal matters and investor relations, as the company grew from a small venture-backed start-up in 1995 to a global corporation of nearly 5,000 employees. Ms. Evan was a key member of the executive management team, helping to set business strategy and manage company operations as revenue reached nearly $2 billion dollars, driving profitability and cash flow of nearly a half billion dollars per year. During her tenure, Ms Evan led the company's institutional financing rounds, including its successful IPO in 1998 and follow-on financing initiatives. She also was instrumental in driving, executing and integrating approximately 60 merger and acquisition transactions. As the company's chief financial spokesperson, she has been featured in numerous business and financial press, including the Wall Street Journal, Fortune and Financial Times. Before joining VeriSign, Ms. Evan provided consulting services in the capacity of CFO, vice president of finance, and other executive roles for both public and private companies. Prior to that, Ms. Evan spent six years in various positions at KPMG LLP. Ms. Evan is a Certified Public Accountant (inactive) and holds a B.S. in Commerce with a concentration in Accounting and Finance from Santa Clara University. She is actively involved with several charitable organizations, including the Boys and Girls Club of America, The Health Trust, and the University of Santa Clara Business School. A Silicon Valley technology entrepreneur and investor, Mark Britto has overseen the growth and development of multiple disruptive companies. He brings more than 20 years of experience and expertise in the areas of e-commerce, financial technology (fintech), product/software development and risk management. Mr. Britto currently serves as Founder/Chairman of Boku, Inc., a mobile online payments company he founded in 2009. Under his leadership, Boku has grown to become the leading global mobile payments network servicing 50 countries through more than 200 carrier partners. Prior to founding Boku, Mr. Britto served as President and Chief Executive Officer of Ingenio Inc., a service marketplace and performance advertising company, which he led until it was acquired by AT&T. Prior to Ingenio, Mr. Britto served as Senior Vice President of Worldwide Services and Sales at