LIGHT STREET CAPITAL MANAGEMENT, LLC

Light Street Capital Management, LLC ("Light Street") is a Delaware limited liability company founded in 2010. The company's Chief Investment Officer, founder, and controlling owner is Glen T. Kacher. Light Street manages private investment funds, including hedge funds, long-only funds, venture funds, and closed-end funds. The funds invest primarily in equity and equity-related securities traded publicly in U.S. and non-U.S. markets, as well as venture capital investments in private companies in the technology sector. Light Street manages assets on a discretionary basis only. Light Street may direct brokerage to brokers in exchange for the referral of prospective investors. This creates a conflict of interest as Light Street has an incentive to refer clients' brokerage business to brokers to which it might not otherwise direct transactions.

Light Street Capital Management's primary investment strategy is to combine expertise in rapidly innovating industries with proprietary research to identify companies with superior management, products, and strategies. They seek investments that create attractive, risk-adjusted long-term returns for their Funds. The company intends to identify companies well-positioned to take advantage of industry opportunities. Additionally, Light Street invests in companies undergoing significant corporate events such as spin-offs, recapitalizations, litigation, strategic realignment, and other major changes. They also invest in securities believed to be underpriced relative to their expected merger and acquisition value and expected to appreciate if circumstances change or an anticipated event occurs.

(Subscription Required)

(Subscription Required)