Subject: Re: not a good update
From: "Arlene Busch" <[email-masked]>
To: "Eric Schwerin" <[email-masked]>
Cc: "Hunter Biden" <[email-masked]>, "Rob Walker" <[email-masked]>
Date: Thu, 9 Aug 2012 15:49:08 -0400

Too bad. Let me know if there is anything I can do.

Arlene Busch
312-498-9595 (m)
202-333-1880 (w)

On Aug 9, 2012, at 3:06 PM, Eric Schwerin <[email-masked]>
wrote:

Eric D. Schwerin
[email-masked]

Sent from my iPhone

Begin forwarded message:

*From:* John DeLoche <[email-masked]>
*Date:* August 9, 2012 1:11:23 PM EDT
*To:* Devon Archer <[email-masked]>, Neil Callahan <
[email-masked]>, Jared Barlow <[email-masked]>
*Cc:* Eric Schwerin <[email-masked]>
*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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