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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 or Services (as defined below).


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 and available on any associated distribution platforms and any public 500 Startups online social media accounts, platforms, and sites (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 and within the Services 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 or within the Services. Unless otherwise indicated, the numbers represented in the Services provide a snapshot as at a particular time based on internal estimates which have not been independently verified and may change from time to time.


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.


2. INFORMATIONAL PURPOSES ONLY, LEGAL DISCLAIMERS


The Site and the Services are intended solely to provide information regarding 500 Startups. The information provided on the Site and elsewhere pursuant to the Services, including information regarding current and historical portfolio investments by funds advised by 500 Global, 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 provided in the Services intended as, nor should you construe it as legal, tax, accounting, investment or other advice from 500 Global. Such content and information may not be used or relied upon in evaluating the merits of any investment. The past performance of 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 or in content provided pursuant to the Services will be achieved for other investments.


Views expressed in “posts” (including podcasts, videos, blog posts and social media) are those of the individual 500 Startups personnel quoted therein and are not the views of 500 Global, unless explicitly stated. Where indicated the Services 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.


Any projections, estimates, forecasts, targets, prospects and/or opinions expressed in the Services are subject to change without notice and may differ or be contrary to opinions expressed by others. Any charts provided pursuant to the Services are for informational purposes only, and should not be relied upon when making any investment decision. Certain information contained in content provided in the Services has been obtained from third-party sources, including from portfolio companies of funds managed by 500 Startups. While taken from sources believed to be reliable, 500 Global has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation. The content speaks only as of the date indicated. Content may contain forward-looking statements which involve risks and uncertainties, and actual results may differ materially from any expectations, projections or predictions made or implicated in such forward-looking statements.


The portfolio companies identified and discussed on this Site may not represent all of the portfolio investments of funds advised by 500 Global. The companies identified were not selected based on the return on the investment in them by funds advised by 500 Global. Such companies were selected as representative examples that clarify and typify 500 Global’s 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 Global 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. Not every portfolio investment made by a 500 Global investment fund will participate in the 500 Startups Seed Program or Series A Program.  Any case study provided is shown for illustrative purposes as an example of potential ecosystem development or education services that could be provided by 500 Startups Incubator, L.L.C., and should not be considered as any advertisement or solicitation of interest to invest into any other 500 Global fund.


Under no circumstances should any information or content on this Site or within the Services be considered as an offer to sell or solicitation of interest to purchase any securities, including any securities advised by 500 Global or any of its affiliates or representatives. Further, no content or information on this Site or within the Services is or is intended as an offer to provide any investment advisory service or financial advice by 500 Global. Under no circumstances should anything herein be construed as fund marketing materials by prospective investors considering an investment into any 500 Global investment fund. Content contained in the Services including podcasts, videos, blog posts and social media is not directed to any investors or potential investors, and does not constitute an offer to sell — or a solicitation of an offer to buy — any securities, and may not be used or relied upon in evaluating the merits of any investment.


An offer to invest in a 500 Global-managed pooled investment vehicle will be made separately and only by means of the confidential offering documents of the specific pooled investment vehicles — which should be read in their entirety, and only to those who, among other requirements, meet certain qualifications under federal securities laws. Such investors, defined as accredited investors, are generally deemed capable of evaluating the merits and risks of prospective investments and financial matters. There can be no assurances that 500 Startups’ investment objectives will be achieved or investment strategies will be successful. Any investment in a vehicle managed by 500 Global involves a high degree of risk including the risk that the entire amount invested is lost. Any investments or portfolio companies mentioned, referred to, or described are not representative of all investments in vehicles managed by 500 Global and there can be no assurance that the investments will be profitable or that other investments made in the future will have similar characteristics or results. 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 Global will achieve results comparable to those of any company listed on this Site or within content provided pursuant to the Services, or that any investment fund advised by 500 Global will achieve results comparable to  any prior or existing fund advised by 500 Global or its principals.


Note the intended audience for certain content on this Site and within the Services is prospective portfolio company founders considering applying to the relevant 500 Global investment fund for funding, to participate in the 500 Global Seed or Series A Programs or potential strategic partners and 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 Gobal funds by a prospective investor considering an investment into any 500 Global 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 Global accepts no responsibility for any loss which may arise from reliance on the information on this Site, within the Services, or any site which is linked from this Site.


500 Startups Management Company, L.L.C. is an exempt reporting adviser, complying with limited reporting requirements to the Securities and Exchange Commission of the United States of America under the Investment Advisers Act of 1940 (as amended) (the “Investment Advisers Act”), 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 or endorsement or supervision by any regulatory body. Other 500 Global 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 license.


While 500 Global 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 or within the Services. Data presented on this Site and within the Services 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 Global as at the date indicated on the relevant page, however, actual strategy or specific investment terms may vary at the discretion of 500 Global 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 Global 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. 500 Startups Incubator, L.L.C. will under no circumstances provide nor should it be deemed to be providing investment advice as defined under the Investment Advisers Act. Any engagement of consulting services involving the provision of investment advice will not be with 500 Startups Incubator, L.L.C. and will be contracted through an affiliate which is appropriately qualified, and shall also be subject to the end-client satisfying certain regulatory conditions.


All logos and trademarks of third parties referenced on this Site are the trademarks and logos of their respective owners. Any inclusion of such trademarks or logos does not imply or constitute any approval, endorsement or sponsorship of 500 Global by such owners.


Please refer to the “Privacy Policy” for details of how 500 Global 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 and such information may not be current. 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 and Services may also provide a snapshot of members of the 500 Global 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 Global and any views or opinions represented by such mentors are personal and do not represent those of 500 Global or any of its personnel or affiliates


3. OWNERSHIP


All content, materials, and software included in the Services are the property of 500 Global, 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 Global and any other applicable copyright owner. All rights not expressly granted hereunder are expressly reserved to 500 Global. 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.: © 2020 500 Startups Management Company, L.L.C. All rights reserved. 500 Startups® and 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 Durians™


500 Mobile Collective™


500 Kimchi™


500 TukTuks™


500 Japan™


500 Istanbul™


500 Falcons™


500 Fintech™


500 Vietnam™


500 Korea™


4. THIRD-PARTY SITES


The Site and content provided in the Services may link to third-party sites. These links are provided for your convenience, and 500 Global 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 Global 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 Global does not warrant the accuracy of the information contained on the Site or that the Services will be uninterrupted or error-free.


500 Global 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 Global 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 Global 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 Global


You agree to indemnify and hold 500 Global, 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 Global with respect to its subject matter, superseding any prior agreements between you and 500 Global relating to such subject matter. The failure of 500 Global 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 Global in the United States at legal@500.co


Effective February 6, 2018. 500 Global may make changes to this Agreement in the future. Last updated May 29, 2020.