Terms of Use

ISA Ventures Website Terms of Use 

Last Updated July 2021

These terms and conditions (the “Terms”) govern your access to and use websites owned and operated by ISA Ventures Fund Management, LLC including www.isaventures.com and each related website (“Site”). By accessing or using the Site, you are agreeing to these Terms and concluding a legally binding contract with ISA Ventures Fund Management, LLC,  headquartered in Cedar Rapids, Iowa (“ISA Ventures”). Do not access or use the Site if you are unwilling or unable to be bound by the Terms.

DEFINITIONS

  1. Parties
    • “You” and “your” refer to you, as a user of the Site. A “user” is someone who accesses, posts, edits, browses, or in any way uses the Site.
    • “We,” “us,” and “our” refer to ISA Ventures and its affiliated companies, programs and services.
  2. Content
    • “Content” means text, images, photos, audio, video and all other forms of data or communication
    • “Your Content” means Content that you submit or transmit to, through, or in connection with the Site, such as posts, comments, invitations, messages, and information that you publicly display.
    • “User Content” means Content that users submit or transmit to, through, or in connection with the Site.
    • “ISA Ventures Content” means Content that we create and make available in connection with the Site.
    • “Third Party Content” means Content that originates from parties other than ISA Ventures or its users, which is made available in connection with the Site.
    • “Site Content” means all of the Content that is made available in connection with the Site, including Your Content, User Content, Third Party Content, and ISA Ventures Content.

2. CHANGES TO TERMS OF SERVICE

We may modify the Terms from time to time. You understand and agree that your access to or use of the Site is governed by the Terms effective at the time of your access to or use of the Site. If we make material changes to these Terms, we will notify you by email or by posting a revised version of the Terms on the Site. We will also indicate at the top of this page the date that revisions were last made. You should revisit these Terms on a regular basis as revised versions will be binding on you. You understand and agree that your continued access to or use of the Site after the effective date of modifications to the Terms indicates your acceptance of the modifications.

3. USING THE SITE

  1. Eligibility
     To access or use the Site, you must be 18 years or older and have the requisite power and authority to enter into these Terms. You may not access or use the Site if we have previously banned you from the Site or closed your account.
  2. Permission to Use the Site
     We grant you permission to use the Site subject to the restrictions in these Terms. Your use of the Site is at your own risk.
  3. Site Availability
     The Site may be modified, updated, interrupted, suspended or discontinued at any time without notice or liability.
  4. User Accounts
     You must create an account and provide certain information about yourself in order to use some of the features that are offered through the Site. You are responsible for maintaining the confidentiality of your account password. You are also responsible for all activities that occur in connection with your account. You agree to notify us immediately of any unauthorized use of your account. We reserve the right to close your account at any time for any or no reason.
  5. Communications from ISA Ventures and other Users By creating an account, you agree to receive certain communications in connection with the Site. For example, you might receive questions or requests from other Users related to information or events you post of the Site. To the extent you have subscribed to them, you will also receive reading lists and e-mail newsletters about happenings in your area. We provide unsubscribe links in all our email footers if you no longer wish to receive those communications from us.

4. CONTENT

  1. Content Guidelines:
    ISA Ventures is a venture capital firm which invests in growing, Iowa based companies through the ISA Ventures Fund LLLP. We are focused on early stage, rapidly growing, and expansion stage companies in Eastern Iowa’s key industries.

    Built on the success of the Iowa Startup Accelerator, we provide mentoring, education, and coaching for early stage portfolio companies, and oversight and governance assistance for later stage companies through our association with the Iowa Startup Accelerator and its parent organization, The New Bohemian Innovation Collaborative, Inc. in Cedar Rapids, Iowa.

    While we may promote our sponsors, investors, portfolio companies, entrepreneurs, inventors, founders and their accomplishments from time to time, this Site is not intended to be utilized as a forum for self-promotion or for commercial gain by its users (e.g. users are not permitted to promote personal business interests or services through the Site except as expressly authorized by us).
  1. Responsibility for Your Content:
     You alone are responsible for Your Content and assume all risks associated with Your Content. You represent that you own, or have the necessary permissions to use and authorize the use of Your Content as described herein.You may expose yourself to liability if, for example, Your Content contains material that is false, intentionally misleading, or defamatory; violates any third-party right, including any copyright, trademark, patent, trade secret, moral right, privacy right, right of publicity, or any other intellectual property or proprietary right; contains material that is unlawful, including illegal hate speech or pornography; exploits or otherwise harms minors; or violates or advocates the violation of any law or regulation.
  2. Our Right to Use Your Content
    We may use Your Content in a number of different ways, including publicly displaying it, reformatting it, incorporating it into other works, creating derivative works from it, promoting it, distributing it, and allowing others to do the same in connection with their own websites and media platforms (“Other Media”). As such, you hereby irrevocably grant us world-wide, perpetual, non-exclusive, royalty-free, assignable, sublicensable, transferable rights to use Your Content for any purpose. Please note that you also irrevocably grant the users of the Site and any Other Media the right to access Your Content in connection with their use of the Site and any Other Media. Finally, you irrevocably waive, and cause to be waived, against ISA Ventures and its users any claims and assertions of moral rights or attribution with respect to Your Content. By “use” we mean use, copy, publicly perform and display, reproduce, distribute, modify, translate, remove, analyze, commercialize, and prepare derivative works of Your Content
  3. Ownership
    As between you and ISA Ventures, you own Your Content. We own the ISA Ventures Content, including but not limited to the visual interfaces, interactive features, graphics, design and all other elements and components of the Site excluding Your Content, User Content and Third Party Content. We also own the copyrights, trademarks, service marks, trade names, and other intellectual and proprietary rights throughout the world (“IP Rights”) associated with the ISA Ventures Content and the Site, which are protected by copyright, trade dress, patent, trademark laws and all other applicable intellectual and proprietary rights and laws. As such, you may not modify, reproduce, distribute, create derivative works or adaptations of, publicly display or in any way exploit any of the ISA Ventures Content in whole or in part except as expressly authorized by us. Except as expressly and unambiguously provided herein, we do not grant you any express or implied rights, and all rights in and to the Site and the ISA Ventures Content are retained by us.
  4. Other
     We reserve the right to remove, screen, edit, or reinstate User Content from time to time at our sole discretion for any reason or no reason, and without notice to you. We have no obligation to retain or provide you with copies of Your Content, nor do we guarantee any confidentiality with respect to Your Content.

IMPORTANT NOTES ABOUT INVESTING IN EARLY-STAGE COMPANIES

The content in this website is not to be construed as legal, financial, or tax advice and is for informational purposes only.

Investments in private placements and start-up investments in particular are speculative and involve a high degree of risk. The ISA Ventures due diligence process is no guarantee of success or future results, does not suggest higher quality investment opportunities, nor does it imply that you will generate positive returns in any investment opportunities.

You should carefully review each investment opportunity and cancel your subscription within the allotted timeframe if you do not feel comfortable making any specific investment based on your own due diligence.

Testimonials may not be representative of the experience of others and are no guarantee of future performance or success. No individuals were compensated in exchange for their testimonials. In addition, any such testimonials should not be construed as or considered to be investment advice.

Neither ISA Ventures Fund, LLLP, its partners or members, ISA Ventures Fund Management, LLC, nor any sponsors or supporters make investment recommendations. No communication, through the ISA Ventures website or in any other medium should be taken as a recommendation for any security offered by any company.

Companies seeking startup investments tend to be in earlier stages of development and their business model, products and services may not yet be fully developed, operational or tested in the public marketplace. There is no guarantee that the stated valuation and other terms are accurate or consistent with the market or industry valuations. If you cannot afford to lose your entire investment you should not invest in start-ups. Additionally, investors may receive restricted stock that may be subject to holding period requirements.

The most sensible investment strategy for start-up investing may include a balanced portfolio of different start-ups. Start-ups should only be a portion of your overall investment portfolio. For diversification, you should allocate no more than 10% of your investment portfolio to alternative assets such as private placements and start-up investments. Investments in startups are highly illiquid and those investors who cannot hold an investment for the long term (at least 7-10 years) should not invest.

5. RESTRICTIONS

  1. You agree not to, and will not assist, encourage, or enable others to use the Site to:

 

  1. You also agree not to, and will not assist, encourage, or enable others to:

 

6. EVENTS

  1. Events and Acceptance of Terms. As used below, the term “ISA Ventures Event” means an event, gathering, promotion, contest, meet-up or the like that is organized or hosted by ISA Ventures.  A “Non-ISA Ventures Event” means an event, gathering, promotion, contest, meet-up or the like that is organized or hosted by someone other than ISA Ventures, but that may appear or be listed on the Site.  In order to participate or attend a ISA Ventures Event you must agree to the terms in this Section 6.  If you find that you cannot or will not agree to such terms, please do not RSVP to or attend any ISA Ventures Event. If you RSVP to any ISA Ventures Event or Non-ISA Ventures Event through the Site, you signal that you have read, understand and agree to these event terms.
  2. Assumption of risk/release of liability/indemnity. Although we try to create a safe environment at ISA Ventures Events, accidents happen.  We ask that you do your part to help limit the possibility that you might get injured at a ISA Ventures Event. 

    You agree to carefully consider the inherent risks in any activities that you choose to take part in and to take reasonable precautions before you choose to attend or participate at a ISA Ventures Event.  For example, you should ensure that you are in good physical health before engaging in any physical activity at a ISA Ventures Event, and you should always drink responsibly given the risks associated with drunk driving and participating in activities while your judgment is impaired.  Second, please note that some of the other ISA Ventures Event guests may be less responsible than you, and may themselves create additional risks to you despite their best intentions. In summary, you understand that your attendance and participation at ISA Ventures Events is voluntary, and you agree to assume responsibility for nay resulting injuries to the fullest extent permitted under applicable law.  By the same token, you agree that ISA Ventures is not responsible for any injuries you might sustain at Non-ISA Ventures Events listed on the Site.

    You (for yourself, your heirs, personal representatives, or assigns, and anyone else who might make a claim on your behalf) hereby release, waive, discharge and convent not sue ISA Ventures and its respective parent companies, subsidiaries, affiliates, officers, directors, partners, shareholders, members, agents, employees, vendors, sponsors and volunteers from any and all claims, demands, causes of action, damages, losses or expenses (including court costs and reasonable attorneys’ fees) which may arise out of, result from, or related in any way to your attendance at any ISA Ventures Event or Non-ISA Ventures Event, except for any gross negligence or willful misconduct on our part.

    You further agree to indemnify and hold ISA Ventures, its parents, subsidiaries, affiliates, officers, directors, employees, agents and representatives harmless, including costs, liabilities and legal fees, from any claim or demand made by any third party due to, related to, or connected with your attendance or conduct at any ISA Ventures Event or Non-ISA Ventures Event.
  3. Photos
     ISA Ventures and its sponsors and vendors sometimes take photos and videos at ISA Ventures Events, and later use them for promotional purposes.  By participating or attending any ISA Ventures Event, you agree that you may appear in some of these photos and videos, and you authorize their use in this fashion unless you make your objections known to an ISA Ventures representative at the event.  If you timely object to the use of your image, we will use reasonable efforts to avoid taking or using individual identifiable images or likenesses, however, images or likenesses in group photos or videos may still be used. In addition, if you take any photos or videos of attendees at a ISA Ventures Event and provide them to us, you authorize us to use them in the same fashion, and represent that the attendees that appear in your photos and videos have consented to such use.  We do not control Non-ISA Ventures Events or the people that organize them.  It is possible that organizers or attendees of Non-ISA Ventures Events will take photos or shoot videos in which you appear and then post them online (including, possibly, on the Site).  By RSVP’ing to a Non-ISA Ventures event through the Site, you authorize ISA Ventures’ use of such media for promotion purposes.
  4. Termination
     While we hope not to, we may prohibit your attendance at any ISA Ventures Event at any time if you fail to abide by the Terms, including this Section 6, or for any or no reason, without notice or liability of any kind.  We reserve the right to cancel any ISA Ventures Event at any time, for any reason, and without liability or prejudice.
  5. Unofficial Events
     From time to time, members of the ISA Ventures community organize their own meet-ups and events.  Although ISA Ventures representatives sometimes join in the fun, such events are Non-ISA Ventures Events and are not sponsored or endorsed by ISA Ventures, even when promoted on the Site. All terms and conditions related to Non-ISA Ventures Events apply equally to such events.  If you organize such an event, you agree not to create the impression that it is sponsored or endorsed by ISA Ventures.  You agree that you will not represent yourself as an employee, representative, or agent of ISA Ventures (unless, of course, you are actually employed by ISA Ventures, in which case these Terms will govern your participation in any ISA Ventures Event to the extent such Terms are not inconsistent with ISA Ventures’ standard employment agreements or policies).

7. PRIVACY AND COPYRIGHT/TRADEMARK DISPUTES

  1. Privacy
     You represent that you have read and understood our Privacy Policy. Note that we may disclose information about you to third parties if we have a good faith belief that such a disclosure is reasonably necessary to (i) take action regarding suspected illegal activities; (ii) enforce or apply our Terms and Privacy Policy; (iii) comply with legal process or other government inquiry, such as a search warrant, subpoena, statute, judicial proceeding, or other legal process served on us; or (iv) protect our rights, reputation, and property, or that of our users, affiliates, or the public. If you use the Site outside of the United States, you consent to having your personal data transferred to and processed in the United States.
  2. Copyright and Trademark Disputes
     If you believe that your copyright or trademark is being infringed on the Site, please send us a written notice with the following information:

If you believe that your content should not have been removed for alleged copyright or trademark infringement, you may send us a written counter-notice with the following information:

We will respond to all such notices and comply with applicable law. We reserve the right to remove content alleged to be infringing without prior notice and at our sole discretion. We also reserve the right to terminate a user’s account if the user is determined to be a repeat infringer.

You can send us your copyright or trademark notices to:
Copyright Agent
ISA Ventures
415 12th Avenue SE
Cedar Rapids, Iowa 52401
hello@isaventures.com

8. SUGGESTIONS AND IMPROVEMENTS

By sending us any ideas, suggestions, documents or proposals (“Feedback”), you agree that (i) your Feedback does not contain the confidential or proprietary information of third parties, (ii) we are under no obligation of confidentiality, express or implied, with respect to the Feedback, (iii) we may have something similar to the Feedback already under consideration or in development, and (iv) you grant us an irrevocable, non-exclusive, royalty-free, perpetual, worldwide license to use, modify, prepare derivative works, publish, distribute and sublicense the Feedback, and you irrevocably waive, and cause to be waived, against ISA Ventures and its users any claims and assertions of any moral rights contained in such Feedback.

9. THIRD PARTIES

The Site may include links to other websites or applications (each, a “Third Party Site”). We do not control or endorse any Third-Party Site. You agree that we are not responsible for the availability or contents of such Third-Party Sites. Your use of Third-Party Sites is at your own risk. Certain services made available through the Site may be subject to additional third-party or open source licensing terms and disclosures, which are incorporated herein by reference.

10. INDEMNITY

You agree to indemnify, defend, and hold ISA Ventures, its parents, subsidiaries, affiliates, any related companies, suppliers, licensors and partners, and the officers, directors, employees, agents and representatives of each of them (collectively, the “ISA Ventures Entities“) harmless, including costs, liabilities and legal fees, from any claim or demand made by any third party arising out of or relating to (i) your access to or use of the Site, (ii) your violation of the Terms, or (iii) the infringement by you, or any third party using your account, of any intellectual property or other right of any person or entity. ISA Ventures reserves the right, at your expense, to assume the exclusive defense and control of any matter for which you are required to indemnify us and you agree to cooperate with our defense of these claims. You agree not to settle any such matter without the prior written consent of ISA Ventures. ISA Ventures will use reasonable efforts to notify you of any such claim, action or proceeding upon becoming aware of it.

11. DISCLAIMERS AND LIMITATIONS OF LIABILITY

PLEASE READ THIS SECTION CAREFULLY SINCE IT LIMITS THE LIABILITY OF THE ISA VENTURES ENTITIES TO YOU. EACH OF THE SUBSECTIONS BELOW ONLY APPLIES UP TO THE MAXIMUM EXTENT PERMITTED UNDER APPLICABLE LAW. NOTHING HEREIN IS INTENDED TO LIMIT ANY RIGHTS YOU MAY HAVE WHICH MAY NOT BE LAWFULLY LIMITED. IF YOU ARE UNSURE ABOUT THIS OR ANY OTHER SECTION OF THESE TERMS, PLEASE CONSULT WITH A LEGAL PROFESSIONAL PRIOR TO ACCESSING OR USING THE SITE. BY ACCESSING OR USING THE SITE, YOU REPRESENT THAT YOU HAVE READ, UNDERSTOOD, AND AGREE TO THESE TERMS, INCLUDING THIS SECTION. YOU ARE GIVING UP SUBSTANTIAL LEGAL RIGHTS BY AGREEING TO THESE TERMS.

  1. THE SITE IS MADE AVAILABLE TO YOU ON AN “AS IS”, “WITH ALL FAULTS” AND “AS AVAILABLE” BASIS, WITH THE EXPRESS UNDERSTANDING THAT THE ISA VENTURES ENTITIES MAY NOT MONITOR, CONTROL, OR VET USER CONTENT. AS SUCH, YOUR USE OF THE SITE IS AT YOUR OWN DISCRETION AND RISK. THE ISA VENTURES ENTITIES MAKE NO CLAIMS OR PROMISES ABOUT THE QUALITY, ACCURACY, OR RELIABILITY OF THE SITE, ITS SAFETY OR SECURITY, OR THE SITE CONTENT. ACCORDINGLY, THE ISA VENTURES ENTITIES ARE NOT LIABLE TO YOU FOR ANY LOSS OR DAMAGE THAT MIGHT ARISE, FOR EXAMPLE, FROM THE SITE’S INOPERABILITY, UNAVAILABILITY OR SECURITY VULNERABILITIES OR FROM YOUR RELIANCE ON THE QUALITY, ACCURACY, OR RELIABILITY OF THE SITE, OR INFORMATION FOUND ON, OR MADE AVAILABLE THROUGH THE SITE.
  2. THE ISA VENTURES ENTITIES MAKE NO CLAIMS OR PROMISES WITH RESPECT TO ANY THIRD PARTY, SUCH AS THE BUSINESSES OR EVENTS HOSTED BY THIRD PARTIES LISTED ON THE SITE OR THE SITE’S USERS. ACCORDINGLY, THE ISA VENTURES ENTITIES ARE NOT LIABLE TO YOU FOR ANY LOSS OR DAMAGE THAT MIGHT ARISE FROM THEIR ACTIONS OR OMISSIONS. YOUR ATTENDENCE AT EVENTS AND/OR USE OF SERVICES OFFERED BY THIRD PARTIES THROUGH THE SITE IS AT YOUR OWN DISCRETION AND RISK.
  3. THE ISA VENTURES ENTITIES EXPRESSLY DISCLAIM ALL WARRANTIES, WHETHER EXPRESS OR IMPLIED, INCLUDING WARRANTIES AS TO THE EVENTS LISTED ON THE SITE, AND IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.
  4. YOUR SOLE AND EXCLUSIVE RIGHT AND REMEDY IN CASE OF DISSATISFACTION WITH THE SITE, RELATED SERVICES, OR ANY OTHER GRIEVANCE SHALL BE YOUR TERMINATION AND DISCONTINUATION OF ACCESS TO, OR USE OF THE SITE.
  5. THE ISA VENTURES ENTITIES’ MAXIMUM AGGREGATE LIABILITY TO YOU FOR LOSSES OR DAMAGES THAT YOU SUFFER IN CONNECTION WITH THE SITE OR THESE TERMS IS LIMITED TO THE GREATER OF (i) THE AMOUNT PAID, IF ANY, BY YOU TO THE ISA VENTURES ENTITIES IN CONNECTION WITH THE SITE IN THE 12 MONTHS PRIOR TO THE ACTION GIVING RISE TO LIABILITY, OR (ii) $100.
  6. THE ISA VENTURES ENTITIES DISCLAIM LIABILITY FOR ANY (i) INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, EXEMPLARY, RELIANCE, OR CONSEQUENTIAL DAMAGES, (ii) LOSS OF PROFITS, (iii) BUSINESS INTERRUPTION, (iv) REPUTATIONAL HARM, OR (v) LOSS OF INFORMATION OR DATA.
  7. WE ARE NOT PROVIDING INVESTMENT ADVICE, SOLICITING OFFERS OR SELLING. THE INFORMATION CONTAINED ON THIS SITE DOES NOT CONSTITUTE INVESTMENT ADVICE, AND IS NOT AN OFFER TO SELL OR A SOLICITATION TO BUY ANY SECURITY.  NO SECURITY IS OFFERED OR WILL BE SOLD IN ANY JURISDICTION IN WHICH SUCH OFFER OR SALE WOULD BE UNLAWFUL UNDER THE SECURITIES OR OTHER LAWS OF SUCH JURISDICTION. IN ADDITION, ANY INFORMATION AVAILABLE ON THIS SITE IS POSTED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT A RECOMMENDATION OR OPINION FOR YOU TO BUY OR SELL ANY SECURITY OR PARTICIPATE IN ANY TRANSACTION.

12. CHOICE OF LAW AND VENUE

Iowa law will govern these Terms, as well as any claim, cause of action or dispute that might arise between you and ISA Ventures (a “Claim”), without regard to conflict of law provisions. FOR ANY CLAIM BROUGHT BY EITHER PARTY, YOU AGREE TO SUBMIT AND CONSENT TO THE PERSONAL AND EXCLUSIVE JURISDICTION IN, AND THE EXCLUSIVE VENUE OF, THE STATE AND FEDERAL COURTS LOCATED WITHIN LINN COUNTY, IOWA.

13. TERMINATION

  1. You may terminate the Terms at any time by closing your account, discontinuing your use of the Site, and providing ISA Ventures with a written notice of termination.
  2. We may close your account, suspend your ability to use certain portions of the Site, and/or ban you altogether from the Site for any or no reason, and without notice or liability of any kind. Any such action could prevent you from accessing your account, the Site, Your Content, Site Content, or any other related information.
  3. In the event of any termination of these Terms, whether by you or us, Sections 1, and 4 through 14 will continue in full force and effect, including our right to use Your Content as detailed in Section 4.

14. GENERAL TERMS

  1. We reserve the right to modify, update, or discontinue the Site at our sole discretion, at any time, for any or no reason, and without notice or liability.
  2. We may provide you with notices, including those regarding changes to the Terms by email, regular mail or communications through the Site.
  3. Except as otherwise stated in Section 10 above, nothing herein is intended, nor will be deemed, to confer rights or remedies upon any third party.
  4. The Terms contain the entire agreement between you and us regarding the use of the Site, and supersede any prior agreement between you and us on such subject matter. The parties acknowledge that no reliance is placed on any representation made but not expressly contained in these Terms.
  5. Any failure on ISA Ventures’ part to exercise or enforce any right or provision of the Terms does not constitute a waiver of such right or provision. The failure of either party to exercise in any respect any right provided for herein shall not be deemed a waiver of any further rights hereunder.
  6. If any provision of the Terms is found to be unenforceable or invalid, then only that provision shall be modified to reflect the parties’ intention or eliminated to the minimum extent necessary so that the Terms shall otherwise remain in full force and effect and enforceable.
  7. The Terms, and any rights or obligations hereunder, are not assignable, transferable or sublicensable by you except with ISA Ventures’ prior written consent, but may be assigned or transferred by us without restriction. Any attempted assignment by you shall violate these Terms and be void.
  8. The section titles in the Terms are for convenience only and have no legal or contractual effect.

© Copyright-2019 ISA Ventures Fund Management, LLC.