500 Startups Website Terms of Use

 

These are the terms governing your use of this website (“Site”). To the extent that you have been directed to these terms from another 500 Startups website that may be hosted on a different domain, please note that these terms will also govern your use of such site. If in doubt as to whether a particular Site is governed by these terms, please contact legal@500startups.com.  If you do not agree with these terms you may not use the Site.

 

This Terms of Service (this “Agreement”) sets forth the terms and conditions governing your use of the Site and your access to and use of the information, content and services offered on the Site (collectively with the Site, the “Services”). By accessing or using the Services, you agree to be legally bound by this Agreement, as it may be amended from time to time.

 

500 Startups Management Company, L.L.C.  (together with its affiliates hereby referred to as “500 Startups”) provides investment advisory services only to privately offered 500 Startups funds and does not solicit nor make their services available to the public or other advisory clients.

 

Note all content provided on this Site is provided for general informational or educational purposes only. 500 Startups makes no representations as to the accuracy or information contained on any page on this Site.

 

  1. USE OF SITE

500 Startups has established the Site to provide information about its operations and investment advisory activities.

 

As a condition to your use of the Services, you will not, directly or indirectly: (a) use the Services to infringe the intellectual property rights of others; (b) use the Services or make any attempt to penetrate, modify or manipulate the Services to invade the privacy of any other user of the Services; (c) attempt to modify, erase or damage any information contained on the Site or any device connected to the Services; (d) reverse engineer any portion of the Services; (e) restrict or inhibit others from using the Services; (f) engage in conduct or distribute material that is harmful, obscene, otherwise illegal or objectionable, or gives rise to civil liability; (g) spoof or otherwise impersonate any individual or entity; or (h) violate or attempt to violate the security or integrity of the Services.

 

500 Startups reserves the right to investigate and to involve and cooperate with law enforcement authorities, and to pursue a civil lawsuit or criminal prosecution for any alleged or actual harmful or illegal activities involving any of the Services. 500 Startups reserves the right, at any time, to modify or discontinue, temporarily or permanently, the Services, with or without notice. Further, 500 Startups reserves the right to modify this Agreement at any time by posting a notice to the Site. You should visit the Site periodically to review the current terms and conditions.

 

  1. INFORMATIONAL PURPOSES ONLY, LEGAL DISCLAIMERS

 

The Site is intended solely to provide information regarding 500 Startups. The information provided on the Site, including information regarding current and historical portfolio investments by funds advised by 500 Startups, is not intended as a recommendation to purchase, sell or hold any security or that you pursue any investment style or strategy. Under no circumstances is any content or information on the Site intended as, nor should you construe it as as legal, tax, accounting, investment or other advice from 500 Startups. The past performance on any investment, investment style or strategy is not a guarantee of future results, and it should not be assumed that results for any portfolio companies listed on this Site will be achieved for other investments.

 

Where indicated this Site may include content from guest speakers and any views or opinions expressed in such posts are personal and do not represent those of 500 Startups or any of its staff or affiliates unless explicitly stated.

 

The portfolio companies identified and discussed on this Site may not represent all of the portfolio investments of funds advised by 500 Startups. The companies identified were not selected based on the return on the investment in them by funds advised by 500 Startups. Such companies were selected as representative examples that clarify and typify 500 Startups’ investment strategy and not as an exhaustive list of 500 Startups’ investments. These companies are updated from time to time and the note on the “Portfolio” or other relevant page lists the date of the most recent Site update. Portfolio companies listed on this Site may include a select sampling of investments across funds advised by 500 Startups as at the date indicated on the relevant page. At least one 500 Startups fund has invested in one or more rounds of financing for each of the companies listed. Subject to relevant confidentiality restrictions, a full list of portfolio companies for a particular fund is available to prospective investors on request.

 

Under no circumstances should any information or content on this Site, be considered as an offer to sell or solicitation of interest to purchase any securities advised by 500 Startups or any of its affiliates or representatives. Further, no content or information on this Site is or is intended as an offer to provide any investment advisory service or financial advice by 500 Startups. Under no circumstances should anything herein be construed as fund marketing materials by prospective investors considering an investment into any 500 Startups investment fund.

 

Prospective investors should bear in mind that past results are not necessarily indicative of future results and there can be no assurance any portfolio company of any investment fund advised by 500 Startups will achieve results comparable to those of any company listed on this Site nor any prior or existing fund advised by 500 Startups or its principals.

 

Note the intended audience for certain content on this Site is prospective portfolio company founders considering applying to the relevant 500 Startups investment fund for funding, to participate in the 500 Startups Seed or Series A Programs or potential strategic partners sponsors looking to engage 500 Startups Incubator, L.L.C.’s strategic partnership services.

 

Under no circumstances should any statistics, quotations or other content be interpreted as testimonials or endorsement of the investment performance of any 500 Startups fund by a prospective investor considering an investment into any 500 Startups fund.

 

Any prospective investor should consult with any rely on his, her or its own personal legal counsel, accountant or other advisors as to the legal, tax, and economic implications of any investment opportunity and its suitability for such investor and 500 Startups accepts no responsibility for any loss which may arise from reliance on the information on this Site, or any site which is linked from this Site.

 

500 Startups Management Company, L.L.C. is an investment advisor, reporting to the Securities and Exchange Commission of the United States of America under the Investment Advisers Act of 1940 (as amended) as an exempt reporting adviser, solely providing investment advice to venture capital funds. However, such classification as an exempt reporting advisor does not imply a particular level of skill or training. Other 500 Startups entities operating outside of the United States may or may not be conducting similar activities to 500 Startups Management Company, L.L.C. and accordingly, may or may not necessarily have an equivalent regulatory registration or licence.

 

While 500 Startups has taken reasonable steps to ensure that the information contained in these pages is accurate and up-to-date, no liability can be accepted for any error or omissions appearing in this Site. Data presented on this Site is based on internal estimates as the date indicated on the relevant page and has not been independently verified.

 

If you are in any doubt as to the validity of information made available in these pages, or if you wish to rely on this information, then it may be in your best interests to seek verification by contacting us.

 

The pages on this Site are issued in the United States, and comply with appropriate US legislation and regulation. The information provided on the Site is not intended for distribution to, or use in, any jurisdiction where such distribution or use would be contrary to law. You are responsible for compliance with applicable local laws and regulations. We welcome interest and enquiries from users worldwide. However, if you are accessing this Site from outside the US, local legislation and regulation may not permit us to provide services to you in your own country.

 

The vision and strategy strategy outlined herein represents the current strategy of 500 Startups as at the date indicated on the relevant page, however, actual strategy or specific investment terms may vary at the discretion of 500 Startups management or the general partner of the relevant fund depending on the investment mandate of the particular fund in question.

 

Note 500 Startups programs, investor education services, strategic partnership consulting services and events are operated by 500 Startups Incubator, L.L.C. and the funds advised by 500 Startups do not participate in any revenue generated by these activities. Such programs and services are provided for educational and informational purposes only and under no circumstances should any content provided as part of any such programs, services or events be construed as investment, legal, tax or accounting advice by 500 Startups Incubator, L.L.C. or any of its affiliates. Not every portfolio investment made by a 500 Startups investment fund will participate in the 500 Startups Seed Program or Series A Program.

 

Please refer to the “Privacy Policy” for details of how 500 Startups may use your details.

Staff listed represent a snapshot of the current team members as of the date indicated and may be subject to change from time to time. The title “Partner” is used in accordance with customary business practice in the venture capital industry and does not indicate a legal status in a partnership.

 

This Site may also provide a snapshot of members of the 500 Startups mentor network who provide guidance to our portfolio companies as of the date indicated and may not include all mentors. Note mentors are not employees or independent contractors of 500 Startups and any views or opinions represented by such mentors are personal and do not represent those of 500 Startups or any of its personnel or affiliates.

 

  1. OWNERSHIP

All content, materials, and software included in the Services are the property of 500 Startups, and are protected by U.S. and international copyright, trademark and other intellectual property laws. You may download and retain one copy of this Site only for your own records and personal use. No commercial use, resale, copying or exploitation of material from the Services is permitted without the express written permission of  500 Startups and any other applicable copyright owner. All rights not expressly granted hereunder are expressly reserved to 500 Startups. The Copyright Notice and Procedures are incorporated into this Agreement by this reference.

 

When creating products or materials using any of our marks or logos, please put the following tagline at the bottom of the page/ad/etc.: © 2018 500 Startups Management Company, L.L.C. All rights reserved. 500 Startups™ and the 500 Startups Logo are trademarks of 500 Startups Management Company, L.L.C.

 

Each of the marks below (except for #500Strong) have a corresponding logo which is also owned by 500 Startups Management Company, L.L.C

500™

500 Startups™

#500Strong™

Geeks on a Plane™ conferences, events and travel

GOAP™ conferences, events and travel

Premoney™ conferences and events

500 Luchadores™

500 Luchadores II™

500 Durians™

500 Durians II™

500 Mobile Collective™

500 Kimchi™

500 TukTuks™

500 Japan™

500 Istanbul™

500 Falcons™

500 Fintech™

500 Vietnam™

  1.  THIRD-PARTY SITES

The Site may link to third-party sites. These links are provided for your convenience, and 500 Startups assumes no responsibility whatsoever for any content made available at any third party site. Any privacy policies of any third-party sites are governed by the operator of such site. 500 Startups urges you to read the relevant legal terms and privacy policy (if any) of these third-party sites.

 

WARRANTIES/LIMITATION OF LIABILITY

The Services are provided “as is” and “as available” without warranties of any kind, express, implied, or statutory, including, without limitation, any implied warranties of merchantability, fitness for a particular purpose, non-infringement, and title. 500 Startups does not warrant the accuracy of the information contained on the Site or that the Services will be uninterrupted or error-free.

 

500 Startups nor their affiliates, subsidiaries, licensors, or third-party service providers shall be liable for any damages of any kind arising out of your use of the Services, even if 500 Startups has been advised of the possibility of such damages. Some jurisdictions do not allow these limitations, so the foregoing may not apply to you. To the extent the foregoing limitation of liability is held to be unenforceable, the aggregate liability of  500 Startups for any cause of action arising out of your use of the Services shall be limited to direct damages actually incurred up to $250.

 

INDEMNITY OF 500 STARTUPS

You agree to indemnify and hold 500 Startups, its respective subsidiaries, affiliates, and third-party service providers harmless from any claim, demand, cause of action, debt, loss or liability, including reasonable attorneys’ fees, to the extent that such action is based upon, arises out of, or relates to a breach of this Agreement or your use of the Services. This indemnity shall survive the termination of this Agreement.

 

CHOICE OF LAW AND FORUM

The substantive laws of the State of California govern any disputes arising under this Agreement and your use of the Services, without regard to principles of conflict of laws. You agree to submit to the exclusive jurisdiction of the appropriate state and federal courts in the State of California with respect to claims you may have under this Agreement.

 

MISCELLANEOUS TERMS

This Agreement constitutes the entire agreement between you and 500 Startups  with respect to its subject matter, superseding any prior agreements between you and 500 Startups relating to such subject matter. The failure of 500 Startups to exercise or enforce any right or provision of this Agreement shall not constitute a waiver of such right or provision. If a court of competent jurisdiction finds any provision of this Agreement to be invalid, the court should endeavor to give effect to the parties’ intentions, and the other provisions of this Agreement shall remain in full force and effect. The section headings used in this Agreement are for convenience only and have no legal or contractual effect.
If you have any questions about this Agreement, the Site or the Services, please contact 500 Startups in the United States at  legal@500startups.com

 

Effective February 6, 2018. 500 Startups may make changes to this Agreement in the future. Last updated February 6, 2018.