Terms, Privacy, and Compliance
Terms and Conditions
The following terms and conditions (the “Terms and Conditions”) govern your use of the website www.flventure.org of the Florida Venture Forum, Inc. (the “FVF Website”).
Throughout these Terms and Conditions the words “FVF”, “we,” “our,” or “us” refer to the Florida Venture Forum, Inc.
Agreement Between User and Florida Venture Forum, Inc.
The FVF Website is owned and operated by FVF. Use of the FVF Website is offered to you, the user (hereinafter “you”), on the precondition that you accept (without modification) the terms, conditions and notices contained herein. Use of the content, services, and/or products presented in any and all areas of the FVF Website constitutes your agreement to abide by these Terms and Conditions and the terms and conditions posted in specific areas of those sites. FVF may revoke your ability to use the FVF Website at any time and for any reason (or no reason). When we modify these Terms and Conditions, we will update the “Effective Date” above. Your use of the Website constitutes your acceptance of these Terms and Conditions and your use of the FVF Website following the posting of updated terms and conditions constitutes your acceptance of such updated terms and conditions.
Copyright and Trademark Notices
All content on the FVF Website is copyrighted: copyright © Florida Venture Forum, Inc. 2021, or has been copyrighted by third-party content providers (and licensed to FVF), and is protected by the copyright laws of the United States and other countries. All rights reserved. Florida Venture Forum and or logo are trademarks or registered trademarks of Florida Venture Forum, Inc. Other trademarks/logos are the property of their respective owners.
The FVF Website is only for your personal, educational, noncommercial use. If you download any material for personal use, you must keep all copyright and other notices intact. The right to use such materials is not transferable to any other person or entity. If FVF now or in the future permits users to establish personal accounts on any FVF Website, you are (or will be) responsible for all use of your account (under any screen name or password), the protection of any user name and password, and for ensuring that all use of the FVF Website through your account complies fully with the provisions of this Agreement. You may not modify, copy, distribute, transmit, display, perform, reproduce, publish, license, create derivative works from, transfer, or sell any information, or other content, software, products or services obtained from the FVF Website. In addition, the information may not be taken out of context or presented in an unfair, misleading or discriminatory manner.
Photographs and Videos
You agree FVF shall own all rights, including copyrights, to any photo or video of you taken or recorded by FVF or its agents at any FVF event or conference, and FVF shall own all rights to use any photo or video you submit to FVF for use on the FVF Website or in marketing and promotion material and communications FVF may post or transmit to the media or other third parties for the purpose of promoting the FVF and its events and conferences.
ALL MATERIALS AND SERVICES ON THE FVF WEBSITE ARE PROVIDED ”AS IS” WITHOUT WARRANTY OF ANY KIND. THE CONTENT PUBLISHED ON THE FVF WEBSITE MAY INCLUDE INACCURACIES OR TYPOGRAPHICAL ERRORS AND FLORIDA VENTURE FORUM, INC. UNDERTAKES NO OBLIGATION TO CORRECT THE SAME. CHANGES ARE PERIODICALLY MADE TO THE INFORMATION HEREIN. FVF AND/OR ITS SUPPLIERS MAY MAKE IMPROVEMENTS AND/OR CHANGES IN THE FVF WEBSITE AT ANY TIME WITHOUT NOTICE. FVF AND/OR ITS SUPPLIERS MAKE NO REPRESENTATIONS AND, TO THE FULLEST EXTENT ALLOWED BY LAW, DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE REGARDING THE SUITABILITY OF THE INFORMATION; THE ACCURACY, RELIABILITY, COMPLETENESS OR TIMELINESS OF THE CONTENT, SERVICES, PRODUCTS, TEXT, GRAPHICS, LINKS, OR OTHER ITEMS CONTAINED WITHIN THESE SITES, OR THE RESULTS OBTAINED FROM ACCESSING AND USING THESE SITES AND/OR THE CONTENT CONTAINED HEREIN. FVF DOES NOT WARRANT THAT THE FVF WEBSITE’S FUNCTIONALITY OR THE MATERIALS WILL BE UNINTERRUPTED OR ERROR-FREE, THAT DEFECTS WILL BE CORRECTED, OR THAT THE FVF WEBSITE, INCLUDING THE HARDWARE THAT MAKES THEM AVAILABLE, ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. THE USER ASSUMES THE ENTIRE COST OF ALL NECESSARY MAINTENANCE, REPAIR OR CORRECTION TO ANY EQUIPMENT YOU USE TO ACCESS AND USE THE FVF WEBSITE.
Use of This Site is at Your Own Risk
The FVF Website may contain advice, opinions and statements of various information providers and content providers. FVF does not represent or endorse the accuracy or reliability of any advice, opinion, statement or other information provided by any information provider or content provider, or any user of these sites or other person or entity. Reliance upon any such opinion, advice, statement, or other information shall also be at your own risk. You agree that neither FVF nor its affiliates, nor any of their respective members, directors, officers, agents, employees, information providers or content providers shall be liable to you or anyone else for any inaccuracy, error, omission, interruption, timeliness, completeness, deletion, defect, failure of performance, computer virus, communication line failure, alteration of, or use of any content herein, regardless of cause, or for any damages resulting therefrom.
Use of Bulletin Boards, Chat Rooms and Forums
Certain portions of the FVF Website or FVF conference applications may permit the use by you of Chatrooms, Forums, Bulletin Boards and/or Guestbooks. FVF does not control or regularly review the messages, information or files delivered to the Guestbooks and/or Bulletin Boards on the FVF Website or any FVF conference application (or “app”), nor does FVF moderate Chatrooms (if any) or Forums (if any). It is a condition of your use of the Guestbooks, Bulletin Boards, Chat Rooms (if any), Forums (if any) (collectively, “Public Areas”) and the FVF Website that you do not upload to, post, distribute or transmit to or through these sites any messages, information or materials (“User Submission”): (i) that violate or infringe in any way the intellectual or personal rights of others, or which are libelous, defamatory, obscene, pornographic, threatening, abusive, unlawful or would otherwise violate any law, or encourage such conduct, or (ii) that, without the FVF’s express prior written consent, contain advertising or any commercial solicitation. It is also a condition of your use of the Public Areas and the FVF Website and any FVF application that you not post or transmit any material that contains a virus or other harmful component; restrict or inhibit anyone from using and enjoying the bulletin boards.
By submitting User Submissions, suggestions, and material to any Public Area or other area of any FVF Website or FVF app, you are granting FVF a perpetual royalty-free, worldwide license to reproduce, edit, modify, publish, transmit and display, transmit, create derivative works from, distribute or perform it in whole or in part or incorporate it in any form, medium or technology now known or later developed.
You agree to indemnify and hold harmless FVF and all of its members, officers, directors, employees, sponsors, speakers, moderators, panelists, presenting or featured companies, authorized representatives and agents from and against all claims and expenses, including attorneys’ fees, arising out of any User Submissions, messages, information or materials uploaded, posted, distributed, or transmitted to or though the FVF Website or FVF app by you or through your account or any user ID you may establish.
If such features exist on the FVF Website or FVF app, you agree to send and receive electronic mail, engage in conferences and chats, download and upload files, and otherwise use the FVF Website and FVF app only as permitted by these Terms and Conditions (as the same may be amended from time to time), any additional policies or procedures published in the FVF Website from time to time by FVF, and applicable law.
Digital Millennium Copyright Act
A. Notification. If you are a copyright owner or an agent thereof and believe that any User Submission or other content infringes upon your copyright, you may submit a written notification pursuant to the Digital Millennium Copyright Act (“DMCA”) (see 17 U.S.C. 512(c)(3) for further information) by providing our Copyright Agent (listed below) with the following information: (i) an electronic or physical signature of a person authorized to act on behalf of the owner of an exclusive right that is allegedly infringed; (ii) a description of the copyrighted work claimed to have been infringed or if multiple copyrighted works are covered by a notification, a representative list of such works at our Site; (iii) a description of the location on the FVF Website of the allegedly infringing material(s); (iv) your address, telephone number, and e-mail address; (v) a written statement that you have a good faith belief that use of the material(s) in the manner complained of is not authorized by the copyright owner, its agent, or the law; and (vi) a written statement that the information in the notification is accurate, and under penalty of perjury, that you are authorized to act on behalf of the owner of an exclusive right that is allegedly infringed.
FVF’s designated Copyright Agent contact for notice of claims of infringement is: firstname.lastname@example.org
Notices of alleged copyright infringement should go to the Copyright Agent; any other feedback, comments, requests for technical support, and other communications should be directed to FVF’s customer service at email@example.com. You acknowledge that if you fail to comply with all of the notice requirements of the DMCA, your notice may not be valid.
B. Counter-Notification. If you believe that any User Submission of yours that was removed is not infringing, or that you have the appropriate rights from the copyright owner or third party, or pursuant to the law, to post and use the material in your User Submission, you may send a counter notification containing the following information to the Copyright Agent: (i) your physical or electronic signature; (ii) identification of the material that has been removed or to which access has been disabled and the location at which the material appeared before it was removed or disabled; (iii) a statement (under penalty of perjury) that you have a good faith belief that the content was removed or disabled as a result of mistake or a misidentification of the material; and your name, address, telephone number, and e-mail address, along with a statement that you consent to the jurisdiction of the United States federal court in the commonwealth or state you are located or of the United States District Court for the Southern District of Florida and a statement that you will accept service of process from the person who provided notification of the alleged infringement.
If a counter notification is received by the Copyright Agent, FVF shall send a copy of such counter notification to the original notifying party. The original notifying party shall have ten (10) business days to file an action for copyright infringement and seek a court order against the content provider or user posting such material. If no such infringement action is filed within such 10 business days, FVF may, in its sole discretion, reinstate the removed material or cease disabling such material.
C. In accordance with the DMCA and other applicable law, FVF shall, in appropriate circumstances, terminate access, at FVF’s sole discretion, of any user that FVF finds to be a repeat infringer of others copyrights. FVF may also, in its sole discretion, limit or fully terminate access to the FVF Website and any FVF app of any user infringing the intellectual property rights of others, regardless of whether such user is repeat offender or not.
Links to Third-Parties’ Website
FVF is a distributor with regard to content supplied by third-party suppliers and users. Therefore, FVF has no more editorial control over such content than a bookstore or newsstand does over the reading materials it sells. Any opinions, advice, statements, services, offers, or other information or content expressed or made available by third parties, including information providers and users are those of the respective author(s) or distributor(s) and not of FVF.
FVF shall have the right, at its discretion, to change, modify, add or remove provisions from these Terms and Conditions at any time without notice. Changes shall be effective immediately. You agree to review these Terms and Condition periodically. You agree that subsequent use by you of the FVF Website or any FVF app following any such changes shall constitute your acceptance of any such changes. FVF shall have the right at any time to change or discontinue any aspect of any FVF Website or any FVF app, including, but not limited to, the Public Areas, content, hours of availability and equipment needed for access to use.
Indemnity/Limitation of Liability
UNDER NO CIRCUMSTANCES, INCLUDING, BUT NOT LIMITED TO, NEGLIGENCE, SHALL FLORIDA VENTURE FORUM, OR ITS AFFILIATES, MEMBERS, DIRECTORS, OFFICERS, EMPLOYEES, AND SUPPLIERS BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL OR CONSEQUENTIAL DAMAGES THAT RESULT FROM THE USE OF, OR THE INABILITY TO USE, THE FVF WEBSITE OR THE CONTENT CONTAINED THEREIN. YOU SPECIFICALLY ACKNOWLEDGE AND AGREE THAT FVF AND SUCH RELATED PARTIES ARE NOT LIABLE FOR ANY CONDUCT OF ANY USER OF THE FVF WEBSITE.
AS A CONDITION OF USE OF THE FVF WEBSITE AND ANY FVF APP, YOU AGREE TO HOLD HARMLESS AND INDEMNIFY FVF AND ITS AFFILIATES, MEMBERS, DIRECTORS, OFFICERS, EMPLOYEES, AND SUPPLIERS FROM AND WITH RESPECT TO ANY AND ALL LIABILITIES, EXPENSES (INCLUDING ATTORNEYS’ FEES) AND DAMAGES ARISING OUT OF CLAIMS RESULTING FROM YOUR USE OF THE FVF WEBSITE, INCLUDING WITHOUT LIMITATION ANY CLAIMS ALLEGING FACTS THAT, IF TRUE, WOULD CONSTITUTE A BREACH BY YOU OF THESE TERMS AND CONDITIONS. IF YOU ARE DISSATISFIED WITH ANY FVF MESSAGES, INFORMATION OR MATERIAL ON ANY OF THE FVF WEBSITE, OR WITH ANY OF FVF TERMS AND CONDITIONS, YOUR SOLE AND EXCLUSIVE REMEDY IS TO DISCONTINUE USING THE FVF WEBSITE.
Exclusions and Limitations; Consumer Protection Notice.
If you are a consumer, the provisions in these Terms and Conditions are intended to be only as broad and inclusive as is permitted by the laws of your state of residence. Certain states, like New Jersey, have heightened consumer protection laws that may make certain terms of these Terms of Conditions inapplicable to you. Specifically, if you are a New Jersey consumer, the certain terms do not limit or waive your rights as a consumer under New Jersey law and the provisions in these Terms and Conditions are intended to be only as broad and inclusive as is permitted by the laws of the State of New Jersey. No provision of these Terms and Conditions shall limit or waive your rights as a consumer under the law of your state of residence. In any event, FVF reserves all rights, defenses and permissible limitations under the law of your state of residence.
FVF reserves the right to deny access to the FVF Website to anyone at any time.
These Terms and Conditions, and any rights and licenses granted hereunder, may not be transferred or assigned by you, but may be assigned by FVF without restriction. Assignments made without FVF’s consent are void.
Contact firstname.lastname@example.org with questions or concerns regarding the FVF Website.
Any rights not expressly granted to User herein are reserved to Florida Venture Forum, Inc.
Information Collected by FVF and How it is Regularly Used and Shared
A. Why, When and What Personally Identifiable Information is Collected
FVF collects information that individual visitors provide voluntarily. Some of this information is collected because it is useful in connection with FVF’s objectives, which include:
- organizing venture capital related events and conferences;
- providing an application and registration process for attendance at FVF events and conferences; and
- providing opportunities for networking between entrepreneurs and potential investors.
(For more information, feel free to read the FVF mission statement)
FVF may collect and store PII in various places throughout the Website and in our files, including in connection with an application to attend a FVF event or conference, to present at a FVF event of conference, or your services on a FVF board of directors or a committee of the board of directors, each as described in further detail below. Pll may also be collected and stored if you provide it elsewhere in the course of a visit to the Website, such as while making a contribution to FVF, or in connection with a request for information from FVF.
In addition to the uses described below, we may use your Pll to:
- notify you of upcoming conferences, meetings and other events;
- contact you to respond to your questions and requests for information; and
- provide you with other information that we believe may be of interest to visitors to our website.
i. Conference Application and Admission Processes
If you apply to attend a conference, we will collect Pll to facilitate that process. Such information may include your contact details, such as your name, employer, physical address, email address, telephone number and fax number. This is so that we can contact you and process your application. In addition, the Pll requested may include your educational background and work history (including degrees received, positions held, awards and honors received) and publications in the relevant field. This is so that you can be considered for admission to a FVF event or conference as a presenting company or to have your company listed on our Website.
If your application to register for an event or conference is accepted, you are expected to register and to pay immediately to confirm your attendance. Payments will be processed through Moolah Payments, Stripe, or QuickBooks. To facilitate payment, FVF collects your payment and billing information — e.g., your credit card number and billing address — and will use such information to process your payments.
If you register to attend a FVF event or conference, as a presenter, sponsor, speaker, or attendee, we will use your Pll to:
- process your registration and facilitate your attendance at the events or conferences;
- process your payments related to event or conference attendance as aforesaid;
- provide you with information regarding the event or conference, including scheduling and logistics; and
- provide you with other information that we believe may be of interest to conference presenters or attendees.
We also may share Pll (other than payment information) of conference attendees with the other persons attending the same conference. The purpose of this is to enable conference attendees to contact each other prior to and after the conference, for networking purposes, in furtherance of one aspect of the FVF’s mission.
ii. Service on a FVF Board or Committee, or as a Speaker, Panelist, or Presenting Company
If you agree to serve on a FVF Board or Committee, to Chair, Vice Chair or speak at a FVF event or conference as a speaker, moderator or panelist, or to list your company’s information on our Website, or to present your company at a FVF event or conference, PII we collect may include your name, employer, physical address, email address, telephone number and fax number, and other information you provide as to your resume and background. We also may request more detailed information regarding your educational and professional background, and we may also request a photograph.
We collect this information to make it available to conference applicants and attendees, and to those interested in learning more about FVF and the networking events and conferences FVF organizes.
Accordingly, if you agree to serve on a FVF Board or Committee, to chair, vice chair or to speak at a FVF event or conference as a speaker, panelist or moderator, we may post your PII on the relevant page of the Website, such as your name, employer, physical address, email address, telephone number and fax number, and your photograph if you have provided one. This is so that visitors to the Website, including conference applicants, attendees and speakers, and those interested generally in the FVF, can contact you with questions and requests for more information, and to provide feedback.
We also take photographs and record videos of our events and conferences, and we may use such photographs and videos of you and anyone who attends our events and conferences on our Website and in communications to market and promote our events and conferences.
B. Why, When and What Usage Data is Collected
In addition to the information that users of the Website provide voluntarily, FVF may automatically collect certain information when you visit or use our Website. This information may include your IP address (or other unique device identifier, including one that we may assign); certain details about your browser, operating system, and hardware; your location, if available; the URL that referred you to the Website; your activities on the Website, including your preferences; and other logging information, such as the date and time of your visit. We may use a variety of tracking technologies to automatically collect information, such as cookies, web beacons, embedded scripts, browser fingerprinting, GPS, iBeacons, and ETags (or “entity tags”).
“Cookie” technology helps FVF to simplify visitors’ interactions with the Website. A cookie is a very small amount of information that is placed on your computer’s hard drive by your browser on FVF’s behalf. It is sent by your browser back to FVF when your return to the Website.
All web servers log certain technical information from visitors each time they request a page. We may aggregate such logged information anonymously to assist in designing enhanced user experiences and easier access to our information and services.
C. Third-Party Tracking and Do Not Track
Additional Ways Your Pll may be Used and Shared
A. Use and Sharing Required by Law, to Prevent Harm and/or in Investigations
In addition to the uses and dissemination of Pll described above, FVF may disclose your PII, the contents of your communications with us, and/or other information you have provided to us (including payment information) if required to do so by law, or with your consent, or in the good faith belief that such action is necessary: (1) to conform to applicable law or comply with legal process served on FVF; (2) to protect or defend the rights or property of FVF or others; (3) to assist, under exigent circumstances, in the investigation of possible violations of law or other investigations; and/or (4) to assist law enforcement in preventing harm to anyone.
B. Sale of Pll
FVF does not sell or rent visitors’ Pll to anyone; however, we do provide PII to other users of our Website and other attendees at our events or conferences as described above, to further the networking goals of FVF.
Notice to Non-U.S. Website Users
If you are a Website user from the European Union or the United Kingdom, upon request, free of charge, you have the right to:
A. access and obtain a copy of the PII we hold about you;
B. obtain information about the purposes for which we process your PII and the categories of PII concerned;
C. obtain information on the recipients or categories of recipients (including international recipients) to whom your PII has been or will be disclosed;
D. transfer of your PII from us to another data controller;
E. in certain circumstances, erasure of all PII we hold about you;
F. lodge a complaint to the supervisory authority in your jurisdiction in respect of our collection or use of your PII; and
G. withdraw your consent to our collection, use, storage, and dissemination of your data at any time.
Please be aware that any request for withdrawal of consent under item (G) above will not affect the lawfulness of PII collected, processed, and transferred prior to the date of such withdrawal of consent.
To make any of the requests above, contact us at email@example.com.
How You Can Control the Use of Your PII
You may indicate certain preferred restrictions on our use of your Pll by contacting us by e-mail at firstname.lastname@example.org. In that e-mail, you should indicate which of the following options you prefer:
- FVF should not sell my Pll to any third party (I understand that my Pll will always be provided to other members of the conference that I attend)
- FVF should not send me postal mail with newsletters or other information regarding upcoming conferences and events;
- FVF should not send me electronic mail with newsletters or other information regarding upcoming conferences and events;
- FVF should not send me any information about third-party products and services.
To request access to, or notify us of changes to, Pll we have collected, contact us at email@example.com.
How Your PII is Protected
FVF implements reasonable technical and organizational measures designed to protect your Pll from accidental loss and from unauthorized access, use, alteration or disclosure. Regardless of any such precautions taken in good faith by visitors or by us, security on the Internet is imperfect, and we cannot warrant the protection of any information visitors transmit to us, which visitors do voluntarily and at their own risk.
Linking to Other Websites
About Children’s Privacy
The Website is intended for general audiences, and we do not knowingly seek or collect personal information from children under the age of eighteen (18). In accordance with the Child Online Privacy Protection Act, in the event that we learn that we have collected personal information from a child under age thirteen (13) without verification of parental consent, we will delete that information as quickly as possible. If you believe that we might have any personal information from or about a child, please contact us at firstname.lastname@example.org.
Compliance with State and Federal Securities Laws
All visitors to the website, events and/or conferences promoted, presented or sponsored by Florida Venture Forum, Inc. (“FVF”) acknowledge and agree with the following notices, disclosures and disclaimers:
I understand, acknowledge and agree that (i) none of the FVF nor any FVF members, affiliates, directors, officers, event or conference organizers, sponsors, coaches, participants or attendees are in any way recommending or endorsing any of the companies listed or identified on the FVF website or in any press releases, marketing materials or communications or any of the companies presenting at any FVF event or conference or any investment opportunity or business venture that may be discussed at any such event of conference, and (ii) none of the FVF nor any FVF members, affiliates, directors, officers, event or conference organizers, sponsors, coaches, participants or attendees intend in any way to solicit or induce the purchase of securities by me or my organization.
I further understand, acknowledge and agree that none of the FVF nor any FVF members, affiliates, directors, officers, event or conference organizers, sponsors, coaches, participants or attendees are providing legal, accounting, financial, investment, tax or business advice to me or my organization (except pursuant to separate written agreements between any such advisors and me or my organization) and my attendance and participation by any medium or means at any FVF event or conference does not create and is not intended to create any attorney-client, accountant-client, advisor-client or other relationship between me or my organization and any of the FVF, FVF members, affiliates, directors, officers, event or conference organizers, sponsors, coaches, participants or attendees.
I understand, acknowledge and agree that each of the companies listed on the FVF website or selected to present and/or presenting at any FVF events or conferences must comply with all federal and state securities laws in connection with the offer or sale of securities to any person who visits the FVF website or who attends a FVF event or conference, and I further understand that any and all information being presented on the FVF website or at a FVF event of conference is not intended to constitute, and does not constitute, an offer to sell or a solicitation of an offer to purchase securities.
I understand that none of the FVF, nor any FVF members, affiliates, directors, officers, event or conference organizers, sponsors, coaches, participants or attendees are acting as underwriters or agents for any of the companies listed on the FVF website or presenting at any FVF event or conference.
I understand that I may not rely upon any information provided to me on the FVF website or at any FVF event or conference, and if I am interested in making any investment in any company listed or identified on the FVF website or in any press releases, marketing materials or communications or any of company presenting at any FVF event or conference, I must conduct my own due diligence and investigation, communications and negotiations directly with such company.
The FVF website is for general informational purposes only and is not a substitute for professional financial, investment, accounting, tax or legal advice. Under no circumstances should any information on the FVF website or any FVF website content be used or construed as an offer to sell, or a solicitation of an offer to buy, any securities, financial instruments, investments or other services. Dated content speaks only as of the date indicated.
Nothing provided on the FVF website, or in any press release, marketing materials or communications from the FVF or at any FVF event or conference (“other means”), constitutes tax, legal, accounting, insurance, financial, or investment advice. Neither the information, nor any materials or opinion, provided on our website or by such other means is a solicitation, offer, recommendation, or advice to buy, sell, or hold any securities or other investments, nor to pursue any investment in any company or any investment style or strategy. Any links or references to third-party websites, products, or services are provided solely as a convenience to you and, unless expressly stated otherwise, are not and should not be understood as any recommendation or endorsement by us. Any decisions you make based on information provided on the FVF website or by such other means are your sole responsibility. If you would like to obtain investment, accounting, tax or legal advice, you should consult with your own investment and financial advisors, accountants, tax advisors or attorneys regarding your (or your organization’s) individual circumstances and needs.
Important Notice: Although neither the FVF nor any of its members, affiliates, directors, officers or employees are authorized to offer legal (including securities or investment) advice to companies listed on the FVF website or presenting at a FVF event or conference, or any event or conference attendees, please be advised that the Securities Exchange Commission (SEC) implemented rule changes which impact commonly utilized exemptions (and related safe harbors) from registration under the federal securities laws. In general, all issuances and sales of securities (e.g., stock, partnership and/or LLC interests) in exchange for money must either be registered with the SEC or must satisfy an available exemption from registration (which is why the exemptions are so important). The SEC’s rule changes altered the regulatory landscape of offerings involving “general solicitation” of potential investors. If a general solicitation is employed or found to be present in connection with the offer and/or sale of securities, then the issuer may be able to take advantage of private offering exemption rules by limiting eligible investors solely to “accredited investors” and by (among other things) taking “reasonable steps to verify” that all investors are accredited investors. The new SEC rules do not specifically define what constitutes a “general solicitation”, but some commentators have suggested that a showcase event generally open to the public, such as the FVF events and conferences, could possibly be construed as a form of general solicitation of investment interest. In connection with its events and conferences, the FVF does not take any steps to confirm or ensure that attendees are or qualify as “accredited investors.” Any company planning or proposing to offer, issue or sell securities should consult with experienced securities counsel regarding the US federal securities laws, SEC rules, state securities laws and regulations, available registration exemptions and related planning, preparations, documentation and execution of offering and capital raising activities.