SOUNDVIEW TECHNOLOGY GROUP

Investment Date: January 1999

Wit Capital (later Soundview Technology Group and now a part of Jefferies) was formed as an innovative, online investment banking and brokerage services business.

Wand was an early “angel investor” in Wit Capital. Cap Z and Goldman Sachs led a subsequent round of financing and became the principal institutional investors.

The Company completed a successful IPO, and Wand exited the investment following the expiration of the IPO lock-up period in April 2000.