terms of services

Last Updated: 30 January 2025

TVM Ventures LLC (“TVM,” “we,” “us,” or “our”) operates tvm.ventures and related websites (collectively, the “Site”). This Website Terms of Use (these “Terms”) govern access to and use of the Site, and constitute a legal agreement between you and TVM. By accessing or using the Site, you agree to these Terms. If you do not agree to these Terms, please do not access or use the Site.

All references to “you” or “your,” as applicable, mean the person who accesses, uses, and/or participates in the Site in any manner, and each of your heirs, assigns, and successors. If you use the Site on behalf of an entity or another individual, you represent and warrant that you have the authority to bind that entity or individual, your acceptance of these Terms will be deemed an acceptance by that entity or individual, and “you” and ”your” herein shall refer to that entity, its directors, officers, employees, and agents.

IMPORTANT NOTICE REGARDING ARBITRATION: WHEN YOU AGREE TO THESE TERMS YOU ARE AGREEING (WITH LIMITED EXCEPTION) TO RESOLVE ANY DISPUTE BETWEEN YOU AND TVM THROUGH BINDING, INDIVIDUAL ARBITRATION RATHER THAN IN COURT. PLEASE REVIEW CAREFULLY THE SECTION “DISPUTE RESOLUTION” BELOW FOR DETAILS REGARDING ARBITRATION. HOWEVER, IF YOU ARE A RESIDENT OF A JURISDICTION WHERE APPLICABLE LAW PROHIBITS ARBITRATION OF DISPUTES, THE AGREEMENT TO ARBITRATE WILL NOT APPLY TO YOU BUT THE PROVISIONS OF “GOVERNING LAW” WILL APPLY INSTEAD.

Eligibility

Access to and use of the Site is available only to individuals who can form legally binding contracts under applicable law. By accessing or using the Site, you represent and warrant that you meet this eligibility criteria.

Ownership of the Site and its Content

The Site contains proprietary content, information and material that is protected by applicable intellectual property and other laws, including copyright. All content, related intellectual property, and other rights are the sole and exclusive property of TVM, its affiliates, and/or its licensors, unless TVM expressly grants them to another. Subject to your complete and ongoing compliance with these Terms, TVM grants you a non-transferable, non-exclusive, revocable, limited license to access and use the Site for personal use. You may also discuss information you learn from the Site with your financial, legal or tax advisors, and others with whom you share investment decisions. We reserve all rights not expressly granted to you by these Terms.

The Site (including, but not limited to, text, photographs, graphics, video, audio content, and computer code) are protected by copyright as collective works or compilation under applicable copyright laws. All individual articles, photographs, graphics, video, audio, and other content or elements comprising the Site are also copyrighted works. All copyrights in the Site are owned by us or by our third-party licensors to the extent permitted under all international copyright laws.

All rights in the product names, company names, trade names, logos, service marks, trade dress, slogans, product packaging, and designs of the Site, whether or not appearing in large print or with the trademark symbol, belong exclusively to TVM, its affiliates, and/or its licensors and are protected from reproduction, imitation, dilution, or confusing or misleading uses under national and international trademark and copyright laws. The use or misuse of these trademarks or any materials, except as permitted herein, is expressly prohibited, and nothing stated or implied on the Site confers on you any license or right under any patent or trademark of TVM, its affiliates, or any third party.

Except where expressly authorized by TVM in writing, you are prohibited from publishing, reproducing, distributing, publishing, entering into a database, displaying, performing, modifying, creating derivative works, transmitting, or in any way exploiting any part of the Site. You may print copies of any accessible portion of the Site only for your own personal use.

Feedback

By sending us any feedback, comments, questions, or suggestions concerning TVM, the Site, or any services we may provide (collectively, “Feedback”), you represent and warrant (a) that you have the right to disclose the Feedback, (b) that the Feedback does not violate the rights of any other person or entity, and (c) that your Feedback does not contain the confidential or proprietary information of any third party or parties. By sending us any Feedback, you further (i) agree that we are under no obligation of confidentiality, express or implied, with respect to the Feedback, (ii) acknowledge that we may have something similar to the Feedback already under consideration or in development, (iii) grant us an irrevocable, non-exclusive, royalty-free, perpetual, worldwide license to use, modify, prepare derivative works, publish, distribute, and sublicense the Feedback, and (iv) irrevocably waive, and cause to be waived, against TVM and its agents, employees, or directors any claims and assertions of any moral rights contained in such Feedback. This Feedback section shall survive any termination of these Terms or the Site.

Privacy Policy

Information we collect from the Site shall be subject to the TVM Privacy Policy available at: https://tvm.ventures/privacy-policy, which is incorporated in these Terms by reference.

Rules and Prohibitions

While using the Site, you agree to comply with all applicable laws, rules, and regulations.

In addition to other prohibitions in these Terms or displayed on the Site, you agree that you will not:

• distribute, publish, copy, rent, lease, sublicense, assign, transmit, sell or otherwise transfer any part of the Site, including any content on the Site, unless TVM expressly permits in writing;
• disassemble, reverse engineer, modify, translate, alter, replicate, or decompile all or any portion of the Site or otherwise discern the source code of the Site;
• adapt, modify, translate, or create derivative works from the Site;
• probe, circumvent, disable, or interfere with features related to security or authentication measures;
• access or collect data from the Site using automated means or attempt to access data you do not have permission to access;
• use the Site, or encourage others to use the Site, to create, collect, transmit, store, use, or process any data that violates any applicable laws, or infringes, violates or otherwise misappropriates the intellectual property or other rights of any third party (including any moral right, privacy right, or right of publicity);
• use the Site or assist someone else to use the Site in an unlawful, misleading, discriminatory, harassing, or fraudulent way;
• impose unreasonable requests or burdens on our systems or resources, attempt to disrupt or otherwise overwhelm our infrastructure, or interfere with the access of any other user to the Site;
• use the Site to conduct any unlawful or fraudulent activities, send unsolicited communications or spam, or publish or link to malicious content designed to disrupt another individual’s browser or computer;
• resell or make any commercial use of content on the Site without our prior written consent including, without limitation, using the Site to build a similar or competitive website, product, or service;
• remove any copyright, trademark, or other proprietary notice or legend contained on (or printed from) the Site;
• post, publish, broadcast, commercially exploit or otherwise use TVM's logo or trademark for any purpose;
• use the Site in any way not specifically permitted under these Terms; or
• attempt to indirectly undertake any of the above.

We have the right, but not the obligation, to monitor and record activity on the Site and respond as we deem appropriate. We may monitor and record activity on the Site for any reason or for no reason. We may investigate any complaint or reported violation of our policies. We may report any activity we suspect may violate any law or regulation to regulators, law enforcement officials, or other persons or entities we deem appropriate. We may issue warnings, suspend, or terminate use of the Site, deny access to all or part of the Site or take any other action we deem appropriate.

We reserve all rights and remedies available to us, including but not limited to suspending or disabling your ability to access the Site for violation of these or other provisions in the Terms.

Disclaimers

YOUR USE OF THE SITE IS AT YOUR SOLE RISK. EXCEPT WHERE REQUIRED BY LAW, WE MAKE NO REPRESENTATIONS OR WARRANTIES WITH RESPECT TO THE SITE OR ITS CONTENT, OR ANY PRODUCT OR SERVICE AVAILABLE ON OR PROMOTED THROUGH THE SITE, INCLUDING ANY COMPETITION OR OPPORTUNITY TO DEVELOP OR COMPETE ON PROJECTS RELATED TO THE TELEGRAM ECOSYSTEM AND/OR THE TON VIRTUAL MACHINE, AND YOU ACKNOWLEDGE AND AGREE THAT WE HAVE NO RELATIONSHIP WITH SUCH THIRD PARTIES.

THE SITE AND ALL OF ITS CONTENT ARE PROVIDED ON AN “AS IS,” “AS AVAILABLE” BASIS, WITHOUT REPRESENTATIONS OR WARRANTIES OF ANY KIND.

CERTAIN CONTENT ON THE SITE HAS BEEN OBTAINED FROM THIRD-PARTY SOURCES, INCLUDING COMPANIES IN WHICH TVM OR ITS AFFILIATES HAVE INVESTED. TVM MAKES NO REPRESENTATIONS OR WARRANTIES ABOUT THE ACCURACY OF INFORMATION ON THE SITE. ANY PROJECTIONS, ESTIMATES, FORECASTS, TARGETS, PROSPECTS, OR OPINIONS ON THE SITE ARE SUBJECT TO CHANGE WITHOUT NOTICE AND MAY DIFFER OR BE CONTRARY TO OPINIONS EXPRESSED BY OTHERS.

TO THE FULLEST EXTENT PERMITTED BY LAW, TVM, ITS AFFILIATES, AND THEIR SERVICE PROVIDERS AND LICENSORS DISCLAIM ANY AND ALL REPRESENTATIONS AND WARRANTIES, WHETHER EXPRESS, IMPLIED, ARISING BY STATUTE, CUSTOM, COURSE OF DEALING, COURSE OF PERFORMANCE OR IN ANY OTHER WAY, WITH RESPECT TO THE SITE, ITS CONTENT, AND ANY PRODUCTS OR SERVICES AVAILABLE OR PROMOTED THROUGH THE SITE. WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, TVM, ITS AFFILIATES, AND THEIR SERVICE PROVIDERS AND LICENSORS DISCLAIM ALL REPRESENTATIONS AND WARRANTIES (A) OF TITLE, NON-INFRINGEMENT, MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE; (B) RELATING TO THE SECURITY OF THIS SITE; (C) THAT THE CONTENT OF THE SITE IS ACCURATE, COMPLETE OR CURRENT; OR (D) THAT THE SITE WILL OPERATE SECURELY OR WITHOUT INTERRUPTION OR ERROR.

WE DO NOT REPRESENT OR WARRANT THAT THE SITE, ITS SERVERS, OR ANY TRANSMISSIONS SENT FROM US OR THROUGH THE SITE WILL BE FREE OF ANY HARMFUL COMPONENTS (INCLUDING VIRUSES). TVM IS NOT RESPONSIBLE FOR ANY ERRORS OR OMISSIONS IN THE CONTENT AVAILABLE ON THE SITE OR FOR DAMAGES ARISING FROM THE USE OR PERFORMANCE OF THE SITE.

APPLICABLE LAW MAY NOT ALLOW THE LIMITATION OF CERTAIN WARRANTIES, SO ALL OR PART OF THIS DISCLAIMER OF WARRANTIES MAY NOT APPLY TO YOU.

No Offer or Advice

The Site is for informational purposes only and does not constitute an offer to sell or buy any securities, financial instruments, investments or other services of TVM or any entity, and may not be used or relied upon in connection with any offer or sale of securities, financial instruments, investments or other services. An offer or solicitation will be made only through the applicable offering materials, subscription agreement and other related documents with respect to a particular investment opportunity and will be subject to the terms and conditions contained in such documents, including the qualifications necessary to become an investor. There can be no assurances that TVM’s investment objectives will be achieved or investment strategies will be successful. Any investment in a vehicle managed by TVM involves a high degree of risk including the risk that the entire amount invested is lost.

The Site is intended solely to provide general information about TVM, its people, and its services to entrepreneurs, company founders, and prospective portfolio companies. The Site is not directed towards any existing or prospective investor in any fund offered or managed by TVM. TVM is not utilizing the Site to provide investment or other advice, and nothing on the Site is to be deemed a recommendation that you buy, sell, hold or make any other security or investment decision. The Site should not be relied upon for the purpose of making or communicating investment or other decisions nor construed as investment, legal, accounting, tax or other professional advice. To obtain such advice, you should consult with your own professional advisor. Any transactions listed on the Site are included as representative transactions and are not necessarily reflective of overall performance.

No Guarantee

There is no guarantee that any investment objective will be achieved. Past performance is not indicative of future results, which may vary. Actual results may differ materially from those expressed or implied. An investment with TVM is speculative and involves significant risks, including the potential loss of all or a substantial portion of invested capital, the use of leverage, and the lack of liquidity of an investment. TVM has invested and/or will from time to time invest in companies in the broader cryptoeconomy. Investors or potential investors in TVM and/or its affiliates funds should carefully evaluate all risks set forth in the relevant offering materials and other disclosure documents.

Any investments or portfolio companies described or referred to in the Site are not representative of all investments in vehicles managed by TVM and there can be no assurance that the investments described are, or will be, profitable or that other investments made in the future will have similar character or results.

Forward-Looking Statements

Certain statements contained in the Site or that individual personnel make may constitute “forward-looking statements” that are based on beliefs, assumptions, current expectations, estimates, and projections about the financial industry, the economy, TVM itself or its investments. To the extent any information herein constitutes forward-looking statements (which can be identified by the use of forward-looking terminology such as “may,” “will,” “should,” “expect,” “anticipation,” “upside,” “potential,” “project,” “estimate,” “intend,” “forecast,” “target” or “believe” or comparable terminology), please note that, due to various risks and uncertainties, actual events, results, or performance may differ materially from those reflected or contemplated in such statements. Forward-looking statements are not guarantees and involve risks, uncertainties, and assumptions. TVM expressly disclaims any obligation to update any forward-looking statement in the event it later turns out to be inaccurate — whether as a result of new information, future events, or otherwise. Any projections, estimates, forecasts, targets, prospects and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Opinions and Views

Unless otherwise indicated or reasonably construed from context, any opinions expressed on the Site reflect TVM’s views or those of individual posters, and are subject to change. Certain information contained on the Site has been obtained from third-party sources, including from portfolio companies of funds managed by TVM. While taken from sources believed to be reliable, TVM has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.

Past results of TVM’s pooled investment vehicles, investments, or investment strategies are not necessarily indicative of future results.

Limitation of Liability

IN NO EVENT SHALL TVM, ITS AFFILIATES AND/OR ITS OR THEIR LICENSORS BE LIABLE TO ANYONE FOR ANY DIRECT, INDIRECT, PUNITIVE, SPECIAL, EXEMPLARY, INCIDENTAL, CONSEQUENTIAL OR OTHER DAMAGES OF ANY TYPE OR KIND (INCLUDING PERSONAL INJURY, LOSS OF DATA, REVENUE, PROFITS, REPUTATION, USE OR OTHER ECONOMIC ADVANTAGE) EVEN IF TVM, ITS AFFILIATES AND/OR ITS OR THEIR LICENSORS HAVE BEEN PREVIOUSLY ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THIS LIMITATION OF LIABILITY APPLIES WHETHER THE ALLEGED LIABILITY IS BASED ON CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY OR ANY OTHER BASIS. THE LIMITATION OF DAMAGES SET FORTH ABOVE IS A FUNDAMENTAL ELEMENT OF THE BASIS OF THE BARGAIN BETWEEN US AND YOU.

Links to Other Websites and Services

The Site may contain links or access to third-party content, contests, websites, services, or systems, including portfolio companies in investments managed by TVM. TVM does not endorse any third-party content, websites, services, or systems, or guarantee their quality, accuracy, reliability, completeness, currency, timeliness, non-infringement, merchantability, or fitness for any purpose. Third-party content, websites, services, or systems are not under the control of TVM, and if you choose to access any such content, websites, services, or systems, you do so entirely at your own risk. Your interactions with such third parties will be governed by the third parties’ own terms of service and privacy policies, and any other similar terms.

Modification and Discontinuation of the Site

We reserve the right at any time to modify, edit, delete, suspend or discontinue, temporarily or permanently, the Site (or any portion thereof) and/or the information, materials, products and/or services available through TVM (or any part thereof) with or without notice. You agree that we shall not be liable to you or to any third party in such event.

Indemnity and Release

You are responsible for your use of the Site, and you agree to release and defend, indemnify, and hold harmless TVM and its officers, directors, employees, contractors, consultants, affiliates, investors, service providers, business partners, subsidiaries and agents from and against every claim, liability, damage, loss, and expense, including reasonable attorneys’ fees and costs, arising out of or in any way connected with: (i) your violation of any of these Terms, any representation, warranty, or agreement referenced in these Terms, or any applicable law or regulation; (ii) your violation of any third-party right, including any intellectual property right or right of publicity, confidentiality, other property, or privacy right; or (iii) any dispute or issue between you and any third party arising out of your access to the Site or any third-party websites accessible through the Site.

TVM reserves the right, at our own expense, to assume the exclusive defense and control of any matter otherwise subject to indemnification by you (without limiting your indemnification obligations) and you agree to cooperate with our defense of that claim. If the defense or settlement is assumed by you, TVM may at any time thereafter elect to take over control of the defense and settlement of the claim. You must not settle any claim without TVM’s prior written consent.

You further release TVM, its officers, employees, agents, and successors from claims, demands, and damages of every kind or nature, known or unknown, suspected or unsuspected, disclosed or undisclosed, arising out of or in any way related to such disputes and/or the Site. If you are a California resident, you waive California Civil Code Section 1542, which provides:

A general release does not extend to claims that the creditor or releasing party does not know or suspect to exist in his or her favor at the time of executing the release and that, if known by him or her, would have materially affected his or her settlement with the debtor or released party.

If you are not a California resident, you waive your rights under any statute or common law principle similar to Section 1542 that governs your rights in the jurisdiction of your residence.

Modification of these Terms

We reserve the right to update or modify the Terms at any time without prior notice, and unless otherwise stated, such changes will be effective immediately upon being posted through the Site. Your use of the Site following any such change constitutes your agreement to be bound by the modified Terms.

General

Entire Agreement. These Terms (together with our Privacy Policy and any other legal documents, policies, terms, or agreements governing the Site) comprise the entire agreement between you and TVM with regard to the Site and supersedes all prior or contemporaneous negotiations, discussions or agreements, whether written or oral, between the parties regarding the subject matter contained in these Terms.

Assignment. You may not assign or transfer these Terms or your rights under these Terms, in whole or in part, by operation of law or otherwise, without our prior written consent. We may assign these Terms in whole or in part at any time to any entity without your notice or consent. Any purported assignment by you in violation of this section shall be void.

No Waiver. Our failure at any time to require performance of any provision of these Terms or to exercise any right provided for herein will not be deemed a waiver of such provision or such right. All waivers must be in writing. Unless the written waiver contains an express statement to the contrary, no waiver by TVM of any breach of any provision of these Terms or of any right provided for herein will be construed as a waiver of any continuing or succeeding breach of such provision, a waiver of the provision itself, or a waiver of any right herein.

Severability. If any provision of these Terms is held to be invalid or unenforceable, such provision shall be struck, and the remaining provisions shall be enforced to the fullest extent under law.

Governing Law and Venue. These Terms are governed by the laws of the Cayman Islands without regard to conflict of law principles. You and TVM agree to submit to the personal and exclusive jurisdiction of the courts located within the Cayman Islands.

Dispute Resolution. Any dispute, controversy, difference or claim arising out of or relating to these Terms, including the formation, interpretation, breach or termination thereof, including whether the claims asserted are arbitrable, will be referred to and finally resolved by binding arbitration to be administered by the Cayman Islands International Centre (CIAC) and governed by the Arbitration Act (as amended) of the Cayman Islands and not in a class, representative or consolidated action or proceeding.  The arbitration shall be conducted in the English language and the place of arbitration shall be in the Cayman Islands.  The number of arbitrators shall be one.  The place of arbitration will be George Town, Cayman Islands.  The decision of the sole arbitrator to any such dispute, controversy, difference or claim shall be final and binding. Payment of all filing, administration and arbitrator fees will be governed by the CIAC Rules, and we won’t seek to recover the administration and arbitrator fees we are responsible for paying, unless the arbitrator finds your dispute frivolous. If we prevail in arbitration, we’ll pay all of our attorneys’ fees and costs and won’t seek to recover them from you. If you prevail in arbitration you will be entitled to an award of attorneys’ fees and expenses to the extent provided under applicable law. You waive any right you may have to assert the doctrine of forum non conveniens, to assert that you are not subject to the jurisdiction of such arbitration or courts or to object to venue to the extent any proceeding is brought in accordance herewith. YOU AND TVM AGREE THAT EACH MAY BRING CLAIMS AGAINST THE OTHER ONLY IN YOUR OR ITS INDIVIDUAL CAPACITY, AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS OR REPRESENTATIVE PROCEEDING.

No Agency. No joint venture, partnership, employment, or agency relationship exists between you, TVM, or any third-party provider as a result of the Terms or use of the Site.