Subject: Re: Follow Up
From: "Eric Schwerin" <[email-masked]>
To: "Neil Callahan" <[email-masked]>
Cc: "Hunter Biden" <[email-masked]>
Date: Mon, 22 Dec 2014 16:21:18 -0500

Thanks, Neil.  Keep us posted.  

Eric D. Schwerin
Rosemont Seneca Partners, LLC
1010 Wisconsin Ave., NW
Suite 705
Washington, DC 20007
(202) 333-1880
[email-masked]
P Consider the environment before printing this email.

On Dec 22, 2014, at 9:57 AM, Neil Callahan <[email-masked]> wrote:

> FYI - see below, I will speak with Eugene at 4:30pm today and get some
> more feedback on the type of structure they are looking for, let me know
> your thoughts.
> 
> Best,
> 
> Neil
> 
> 
> Neil Callahan
> Co-Founder & Managing Director
> RSTP
> 152 West 57th Street, 47th Floor
> New York, New York 10019
> 202-333-1880 (o)
> 917-945-9516 (m)
> 877-749-8879 (f)
> www.rstp.com
> 
> -----Original Message-----
> From: Eugene Lee [mailto:[email-masked]]
> Sent: Sunday, December 21, 2014 6:29 PM
> To: Neil Callahan
> Subject: RE: Follow Up
> 
> Hi - yes I can talk Monday (tomorrow) at 4:30 EST.
> 
> I think the core issue is that it sounds (again) like Rosemont wants a
> bunch of cash up front, which doesn't work for Amit.
> 
> So I think the outline of the thinking is:
> 
> - There's consensus that Aditazz is a really good test case with
> intuitively good fit between Artiman and Rosemont
> - Let's use that as a test case to prove out the relationship
> - Can Rosemont get comfortable with structuring this as a "shared risk"
> first project?
> - Can Hunter do at the least the discovery phase on your nickel
> - And then some sort of shared risk model if the discovery phase moves on
> to a promising engagement
> - If this project is successful, then Amit and the partners can see a lot
> more other companies to potentially work together on
> 
> Look forward to talking to you tomorrow, Eugene
> 
> _______________________________
> Eugene Lee|  (650) 845-2020
> 
> [artiman_new
> logo]<https://mail.artiman.com/owa/redir.aspx?C=MeV1IhU3ukGkFqNpel0Suci4mU
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> <https://mail.artiman.com/owa/redir.aspx?C=MeV1IhU3ukGkFqNpel0Suci4mUu5nNA
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> <https://mail.artiman.com/owa/redir.aspx?C=MeV1IhU3ukGkFqNpel0Suci4mUu5nNA
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> ________________________________
> From: Neil Callahan [[email-masked]]
> Sent: Friday, December 19, 2014 11:34 AM
> To: Eugene Lee
> Subject: Re: Follow Up
> 
> Yes - let's discuss on Monday, would 4:30pm EST work?  Definitely want to
> make sure we navigate what Amit is envisioning so we don't get off in the
> ditch.  Can you articulate what he wants the relationship to look like?
> We can discuss on Monday.
> 
> All the best,
> 
> Neil
> 
> Neil Callahan
> Rosemont Seneca Partners
> 917-945-9516
> 
> On Fri, Dec 19, 2014 at 2:32 PM, Eugene Lee
> <[email-masked]<mailto:[email-masked]>> wrote:
> Shoot - I spoke too soon.  Hunter's email came in after Amit's update on
> Monday; I just had a 1:1 with Amit and he's not completely happy with
> Hunter's email.
> 
> Do you have time to talk on the phone about this on Monday or Tuesday?
> 
> _______________________________
> Eugene Lee|  (650) 845-2020<tel:%28650%29%20845-2020>
> 
> [artiman_new
> logo]<https://mail.artiman.com/owa/redir.aspx?C=MeV1IhU3ukGkFqNpel0Suci4mU
> u5nNAI1Hf_tn_MvFeBfyY3ZT68mayfTvTUu3KLEWU1AP1g1_M.&URL=http%3a%2f%2fwww.ar
> timan.com%2f>   [linkedin]
> <https://mail.artiman.com/owa/redir.aspx?C=MeV1IhU3ukGkFqNpel0Suci4mUu5nNA
> I1Hf_tn_MvFeBfyY3ZT68mayfTvTUu3KLEWU1AP1g1_M.&URL=http%3a%2f%2fwww.linkedi
> n.com%2fcompany%2fartiman-ventures%3ftrk%3dcompany_logo>
> [circle_bird-sm]
> <https://mail.artiman.com/owa/redir.aspx?C=MeV1IhU3ukGkFqNpel0Suci4mUu5nNA
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> ________________________________
> From: Neil Callahan
> [[email-masked]<mailto:[email-masked]>]
> Sent: Friday, December 19, 2014 11:17 AM
> To: Eugene Lee
> Subject: Re: Follow Up
> 
> Great - 2015 will be a beak out year!
> 
> Merry Christmas and Happy New Year!
> 
> Best,
> 
> Neil
> 
> Neil Callahan
> Rosemont Seneca Partners
> 917-945-9516<tel:917-945-9516>
> 
> On Fri, Dec 19, 2014 at 10:08 AM, Eugene Lee
> <[email-masked]<mailto:[email-masked]><mailto:[email-masked]<m
> ailto:[email-masked]>>> wrote:
> I'm really happy to see this relationship between you/Rosemont Seneca and
> Amit/Artiman developing... Amit gave an update on Monday to the team that
> things were progressing - makes me happy!
> 
> Eugene
> 
> _______________________________
> Eugene Lee|  (650)
> 845-2020<tel:%28650%29%20845-2020><tel:%28650%29%20845-2020>
> 
> [artiman_new
> logo]<https://mail.artiman.com/owa/redir.aspx?C=MeV1IhU3ukGkFqNpel0Suci4mU
> u5nNAI1Hf_tn_MvFeBfyY3ZT68mayfTvTUu3KLEWU1AP1g1_M.&URL=http%3a%2f%2fwww.ar
> timan.com%2f>   [linkedin]
> <https://mail.artiman.com/owa/redir.aspx?C=MeV1IhU3ukGkFqNpel0Suci4mUu5nNA
> I1Hf_tn_MvFeBfyY3ZT68mayfTvTUu3KLEWU1AP1g1_M.&URL=http%3a%2f%2fwww.linkedi
> n.com%2fcompany%2fartiman-ventures%3ftrk%3dcompany_logo>
> [circle_bird-sm]
> <https://mail.artiman.com/owa/redir.aspx?C=MeV1IhU3ukGkFqNpel0Suci4mUu5nNA
> I1Hf_tn_MvFeBfyY3ZT68mayfTvTUu3KLEWU1AP1g1_M.&URL=https%3a%2f%2ftwitter.co
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> ________________________________
> From: Neil Callahan
> [[email-masked]<mailto:[email-masked]><mailto:
> [email-masked]<mailto:[email-masked]>>]
> Sent: Thursday, December 18, 2014 3:47 PM
> To: Eugene Lee
> Subject: Fwd: Follow Up
> 
> 
> 
> --------------------
> Neil Callahan
> RSTP
> 917-945-9516<tel:917-945-9516><tel:917-945-9516<tel:917-945-9516>>
> 
> Begin forwarded message:
> 
> From: Hunter Biden
> <[email-masked]<mailto:[email-masked]><mailto:hbiden
> @rosemontseneca.com<mailto:[email-masked]>><mailto:hbiden@rosem
> ontseneca.com<mailto:[email-masked]><mailto:hbiden@rosemontsene
> ca.com<mailto:[email-masked]>>>>
> Date: December 18, 2014 at 3:40:26 PM EST
> To:
> [email-masked]<mailto:[email-masked]><mailto:[email-masked]<mailto:a
> [email-masked]>><mailto:[email-masked]<mailto:[email-masked]><mailto:
> [email-masked]<mailto:[email-masked]>>>
> Cc: Eric Schwerin
> <[email-masked]<mailto:[email-masked]><mailto:
> [email-masked]<mailto:[email-masked]>><mailto:
> [email-masked]<mailto:[email-masked]><mailto:e
> [email-masked]<mailto:[email-masked]>>>>, Neil
> Callahan
> <[email-masked]<mailto:[email-masked]><mailto:
> [email-masked]<mailto:[email-masked]>><mailto:
> [email-masked]<mailto:[email-masked]><mailto:n
> [email-masked]<mailto:[email-masked]>>>>
> Subject: Follow Up
> 
> Amit-
> 
> It was great talking to you last week.  Thanks for taking the time to let
> us learn more about Artiman and your portfolio companies.  It sounds like
> many of your portfolio companies are doing some groundbreaking things and
> I can see why you are so excited about them.
> 
> It would be great to figure out ways that we could work together.  I think
> there are two more immediate ways we could do that.  First, would be
> through our Advisory business, Rosemont Seneca Advisors.  While I think we
> could be helpful for a number of your portfolio companies, it would
> probably make the most sense to focus initially on one of them and pick a
> few discreet business development goals.   From our conversation, it
> sounds like Aditazz may be the perfect company to start with.   As I
> mentioned, we have a good relationship with the family who founded Cancer
> Treatment Centers of America and they could be an ideal client for
> Aditazz.  In addition, we have other strong relationships with hospitals
> throughout the country that could serve as potential clients for Aditazz.
> For this type of work we typically charge a retainer and a success fee.
> If you think Aditazz would be interested in working with us in this
> capacity we can discuss what the particulars of an engagement might look
> like.
> 
> Secondly, as discussed, we also have a broker-dealer that could be helpful
> raising capital for Artiman itself or as part of an investment banking
> relationship with one of your portfolio companies.  As an example, I
> believe you said Aditazz was about to raise another round of capital.  Let
> us know if that is something you wish to discuss further.
> 
> Let me know your thoughts on what might be the appropriate follow up on
> either of the possibilities laid out above.  Perhaps it would make sense
> to schedule another call right after the new year.
> 
> I look forward to continuing the dialogue.
> 
> Best,
> 
> Hunter
> 
> --
> 
> 
> 
> 
> R. Hunter Biden
> Rosemont Seneca Partners, LLC
> 1010 Wisconsin Ave., NW
> Suite 705
> Washington, DC 20007
> (202) 333-1880<tel:%28202%29%20333-1880><tel:%28202%29%20333-1880>