Sequoia Capital Market Presentation Deck

HOME OWNERSHIP % EXPLOSION IN HOME OWNERSHIP 70 68 67 66 65 84 63 62 T 1985 N 1969 2961 1973 1971 1977 1975 1979 1980 1982 LONG-TERM AVERAGE 1984 1988 1986 1990 1992 1993r 1995 Source: Current Population Survey/Housing Vacancy Survey, Series H-111 Reports, Bureau of the Census, Washington, DC 20233. 1997 z 1999 2002r 2001 2004 2006 Q2'08

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