Disclosures

General Information and Disclaimer

Kleiner Perkins Caufield & Byers, LLC, together with its affiliates (collectively, “Kleiner Perkins,” “we,” “us,” or “our”), is an exempt reporting adviser with the U.S. Securities and Exchange Commission (“SEC”) pursuant to an applicable exemption from registration.

The content available on this website (the “Site”), together with any associated distribution platforms, social media accounts, and channels on which Kleiner Perkins publishes content (collectively, “Content Distribution Platforms”), is provided for informational and general reference purposes only. Nothing on the Site or on any Content Distribution Platforms constitutes, or should be construed as, an offer to sell or a solicitation of an offer to buy any security, interest in any pooled investment vehicle, or any other financial instrument or product. Nothing on the Site should be construed as an offer to provide investment advisory services or as an invitation or inducement to engage in any investment activity. Any offer or solicitation with respect to securities or interests in funds managed or advised by Kleiner Perkins will be made solely by means of the applicable confidential offering memorandum, limited partnership agreement, subscription documents, or other formal offering materials relating to a specific fund or vehicle (collectively, “Offering Documents”), which should be read in their entirety prior to making any investment decision, and only to those persons who satisfy applicable eligibility criteria under federal and applicable state securities laws, including, without limitation, persons who qualify as “accredited investors” within the meaning of Regulation D under the Securities Act of 1933, as amended, and/or “qualified purchasers” within the meaning of the Investment Company Act of 1940, as amended.

The Site does not purport to present a comprehensive or balanced description of Kleiner Perkins, its investment activities, strategies, or portfolios. All content on the Site speaks only as of the date indicated and is subject to change at any time without notice.

No Investment, Legal, or Tax Advice

Nothing on the Site or on any Content Distribution Platforms constitutes investment advice, financial advice, legal advice, tax advice, or any other form of professional advice, nor should any content be relied upon in connection with making any investment decision or any other financial, legal, or tax decision. The information contained herein does not take into account the particular investment objectives, financial situation, risk tolerance, or needs of any specific person or entity. Visitors to the Site should consult their own independent legal, financial, tax, and other professional advisers regarding any investment or transaction and all related matters before acting on any information contained on this Site.

Portfolio Companies

References on this Site or any Content Distribution Platforms to specific investments, portfolio companies, founders, or management teams are provided for illustrative purposes only and are not representative of all investments made by Kleiner Perkins or by funds managed or advised by Kleiner Perkins. The inclusion of any company, product, or individual on this Site does not constitute an endorsement, recommendation, or solicitation with respect to such company, product, or individual, and should not be relied upon as an indication of the investment merit of any particular investment or the investment advisory skill of Kleiner Perkins. There can be no assurance that investments similar to those referenced on this Site will be available to, or made by, any fund managed or advised by Kleiner Perkins in the future, or that any past or current portfolio companies will continue to be held.

Any statements made by founders, portfolio company executives, investors, or other third parties featured or quoted on this Site or on any Content Distribution Platforms are the views of those individuals and are not the views of Kleiner Perkins or its affiliates, and are not intended to constitute an endorsement of the investment advisory services offered by Kleiner Perkins. Individuals featured or quoted on this Site are not compensated, directly or indirectly, by Kleiner Perkins solely for such appearance, but may be founders, executives, or employees of portfolio companies in which funds managed by Kleiner Perkins have invested. Testimonials herein are not representative of the experience of all third parties with Kleiner Perkins and do not imply similar results in the future.

Past Performance

Past performance is not indicative of, or a guarantee of, future results. Investment returns are not guaranteed. Prior performance of funds managed or advised by Kleiner Perkins, or of individual investments made by such funds, is not necessarily indicative of the future performance of any current or future Kleiner Perkins fund or investment strategy. Any investments described or referred to on this Site are not representative of all investments made by funds managed by Kleiner Perkins, and the performance of those investments may not be representative of the performance of Kleiner Perkins’ funds generally.

To the extent any performance information is provided on this Site, you should be aware that such information may not have been audited or independently verified by a third party. Future investments may not achieve the same or similar levels of return as prior investments, and current investments may not continue to perform in the same manner as they have historically. There can be no assurances that the investment objectives of any fund managed or advised by Kleiner Perkins will be achieved or that any investment strategy employed by Kleiner Perkins will be successful. Any investment in a vehicle managed by Kleiner Perkins involves a high degree of risk, including the risk that the entire amount invested may be lost.

Forward-Looking Statements

Certain information contained on this Site and on Content Distribution Platforms may include forward-looking statements, including, without limitation, statements about projected returns, anticipated market conditions, investment themes, opinions regarding industry trends, forecasts, targets, prospects, and other similar information. Forward-looking statements can be identified by the use of words such as “believe,” “expect,” “anticipate,” “intend,” “estimate,” “project,” “forecast,” “plan,” “may,” “will,” “could,” “should,” or comparable terminology, or by their context.

These forward-looking statements are subject to significant risks, uncertainties, and assumptions, many of which are beyond the control of Kleiner Perkins, and are based upon assumptions that may not prove to be correct. Accordingly, there can be no assurance that any forward-looking statements will prove to be accurate. Any projections, estimates, forecasts, targets, or opinions expressed on this Site or on Content Distribution Platforms are subject to change without notice and may differ materially from, or be contrary to, opinions and statements expressed by others. Recipients of this information should not place undue reliance on forward-looking statements, which reflect the views of Kleiner Perkins only as of the date on which they are made. Kleiner Perkins undertakes no obligation to update or revise any forward-looking statement after the date on which such statement was made, whether as a result of new information, future events, or otherwise.

Third-Party Content

Certain information on the Site and on Content Distribution Platforms may have been obtained from third-party sources, including from portfolio companies, industry publications, and other sources believed to be reliable. Kleiner Perkins has not independently verified all such third-party information and makes no representations as to its accuracy, completeness, timeliness, or appropriateness for any particular purpose. Kleiner Perkins assumes no responsibility or liability for any third-party content.

In addition, certain Content Distribution Platforms may include third-party advertisements. Kleiner Perkins does not review such advertisements prior to publication and does not endorse any advertising content contained therein.

Privacy and Data Collection

Kleiner Perkins collects certain personal data and information from visitors to the Site. The manner in which we collect, use, store, transfer, and protect personal information, as well as the rights available to individuals regarding their personal data, are described in detail in our Privacy Policy. By accessing or using this Site, you acknowledge that you have read and understand our Privacy Policy.

Regulatory and Legal Disclosures

Kleiner Perkins Caufield & Byers, LLC relies upon an exemption from registration as an investment adviser with the U.S. Securities and Exchange Commission under the Investment Advisers Act of 1940, as amended, and has filed as an Exempt Reporting Adviser (“ERA”) with the SEC. As an ERA, Kleiner Perkins is not required to register as an investment adviser with the SEC and, accordingly, is not subject to all of the requirements applicable to registered investment advisers. Kleiner Perkins Form ADV Part 1A, filed in its capacity as an ERA, is available at the SEC’s Investment Adviser Public Disclosure website at: www.adviserinfo.sec.gov.

This Site is not directed to, and is not intended for use by, any person or entity in any jurisdiction or country where the publication or availability of this Site would be contrary to applicable law or regulation, or which would subject Kleiner Perkins or any of its affiliates to any registration or licensing requirement in such jurisdiction. Those who access the Site from jurisdictions outside the United States do so at their own initiative and are solely responsible for compliance with all applicable local laws and regulations. Legal advice should be sought in cases of doubt as to local legal requirements.

Miscellaneous

Kleiner Perkins reserves the right to amend, update, or modify these Disclosures at any time in its sole discretion. Updated disclosures will be posted on this page with a revised “Last Updated” date. Your continued use of the Site following the posting of any such modifications shall constitute your acceptance of those changes. We encourage you to review this page periodically.

These Legal Disclosures, and any dispute arising out of or in connection with your use of this Site or any content contained herein, shall be governed by and construed in accordance with the laws of the State of California, without regard to its conflict of laws principles. Any disputes shall be resolved exclusively in the state or federal courts located in San Mateo County, California.