Eligibility and Account Responsibility
- Investors must confirm they are accredited or qualified investors (if applicable, based on local regulations like SEC rules in the U.S.) or meet your platform’s criteria.
- They are responsible for maintaining the confidentiality of their account credentials and for all activities under their account.
Subscription Fees and Payment Terms
- Specify the cost of the subscription (e.g., monthly, annual), payment methods, and billing frequency.
- Outline refund policies (e.g., no refunds, pro-rated refunds) and consequences of non-payment (e.g., suspension or termination of access).
Use of the Platform
- Investors agree to use the platform solely for its intended purpose—connecting with startups for potential investment—and not for solicitation, harassment, or unrelated commercial activities.
- Prohibit misuse, such as sharing startup data outside the platform without permission or scraping data for resale.
Confidentiality
- Require investors to keep startup information (e.g., pitch decks, financials) confidential unless the startup authorizes disclosure.
- Define what constitutes confidential information and the duration of the obligation (e.g., during and after membership).
No Guarantee of Outcomes
- Clarify that Investor Intros facilitates introductions but does not guarantee successful investments, funding, or returns. Investors assume all risks associated with their decisions.
Due Diligence Responsibility
- Investors acknowledge they are responsible for conducting their own due diligence on startups and not relying solely on information provided through the platform.
Intellectual Property
- State that the platform’s content, branding, and technology are owned by Investor Intros, and investors have a limited license to use it for the subscription’s purpose only.
- Prohibit reverse-engineering or copying the platform’s features.
Termination of Membership
- Define conditions under which you can terminate or suspend an investor’s subscription (e.g., violation of terms, non-payment, fraudulent activity).
- Outline their rights (if any) to appeal or resolve issues before termination.
Liability Limitation
- Limit your company’s liability for issues like investment losses, data breaches (to the extent legally permissible), or disputes between investors and startups.
- Include an indemnity clause where investors agree to cover losses if they misuse the platform or breach terms.
Dispute Resolution
- Specify how disputes will be handled (e.g., mediation, arbitration) and the governing law/jurisdiction (e.g., your state or country).
Code of Conduct
- Require professional behavior when interacting with startups (e.g., no misrepresentation of intent, funds, or identity).
- Prohibit discriminatory or unethical practices.
Data Privacy
- Explain how you collect, use, and protect investors’ personal data (in line with laws like GDPR or CCPA if applicable).
- Require investors to respect the privacy of startup founders and not misuse contact information.
Changes to Terms
- Reserve the right to update terms with reasonable notice (e.g., via email or platform announcement) and require continued use to signify acceptance of changes.