Fulcrum Terms and Conditions

• • • Why most founders struggle with raising money, and how and why a small fraction succeed
    • A proven fundraising process that makes raising money simple and smooth
    • The winning psychology of fundraising and how to apply it
    • How to set your valuation and how to know how much to raise
    • Dilution, liquidation preferences and other “gotchas” founders need to know about
    • When, why and how to officially launch your raise
    • How to identify, meet and close angel and VC investors
    • The most important factors investors consider when deciding whether to invest
    • How to get investors excited to invest
    • The most effective and efficient ways to meet investors and get high quality introductions
    • How to run initial and followup investor meetings
    • Rookie fundraising mistakes and how to avoid them
    • And most importantly… everything you need to know and do to get cash in the bank

Agreements

Important Terms

The Fundraising Mastery Program is an invite-only program provided by Fulcrum Venture Accelerator to select founders. By enrolling in the Fundraising Mastery Program you agree to comply with these terms and conditions:

• • • Founder Commitment: As a founder participating in the Program, you are expected to commit to a minimum of three months of active engagement. This commitment includes attending weekly meetings, completing assigned tasks, and actively participating in discussions related to fundraising strategies. By agreeing to participate in the Program, you acknowledge that your commitment and active involvement are crucial to maximizing the benefits of the Program.

    • Payment Obligations: You agree to make the agreed upon payments at the specified intervals, using the agreed upon payment method. Late payments may incur fees, and all payments made are non-refundable.

    • No Guarantees: Fulcrum Venture Accelerator does not guarantee any specific outcomes or results from participating in the Fundraising Mastery Program. The program provides information, guidance, mentorship, connections, resources, and highly tailored 1 on 1 support, but due to a wide variety of factors, including founder commitment and things outside our control, individual results vary.

    • Confidentiality: Both parties understand and agree that during the course of the Program, confidential information may be shared. Confidential information refers to any non-public information disclosed by either party, including but not limited to business plans, financial information, and proprietary strategies. Both parties agree to maintain the confidentiality of such information and to use it solely for the purposes of the Program. Confidential information should not be shared with any third party without prior written consent, except as required by law.

    • Disclaimer of Liability: Fulcrum Venture Accelerator and its affiliates shall not be liable for any direct, indirect, incidental, consequential, or exemplary damages arising from your use of the Fundraising Mastery Program. You assume all responsibility and risk for the use of the program.

    • Governing Law: These terms and conditions shall be governed by and construed in accordance with the laws of the jurisdiction where Fulcrum Venture Accelerator is located.

    • Entire Agreement: These terms and conditions constitute the entire agreement between you and Fulcrum Venture Accelerator regarding the Fundraising Mastery Program and supersede any prior agreements or understandings.

Compensation

As compensation for the services detailed above, Fulcrum shall be compensated in the form of a warrant agreement between Fulcrum and Company giving Fulcrum the right to purchase a percentage of equity at the next equity financing (as detailed in the warrant agreement). Company shall also pay a program fee. In exchange for the compensation herein named, Fulcrum shall deliver the services to Company in a professional and timely manner. 

Guarantees

Fundraising Mastery comes with 2 guarantees as detailed below:

• • • First Session Guarantee: If within 72 hours after the first session, you decide the Fundraising Mastery Program isn’t for you for any reason, you can request and receive a full refund and cancellation of the warrant. This is provided you have not already signed the program agreements and decided to proceed with the program. This guarantee is to ensure we only work with companies who are committed to their raise and the program as presented in Session 1.
    • Satisfaction Guarantee: you complete the program as designed (including all building blocks by when they are due, and attend all sessions in their entirety) AND do not succeed at raising money AND feel you did not get sufficient value from the program, you may request and receive a refund and a cancellation of any program warrant. This guarantee is to ensure we deliver a high quality program that delivers results for our founders.

Coaching Services

From time to time, Fulcrum Venture Accelerator offers coaching services to Founders and CEOs who are seeking professional assistance. Coaching may also be included as part of our Fulcrum Select or Fundraising Mastery programs. By completing payment for such services, you agree to comply with these terms and conditions:

• • • You must schedule your kick-off call with the assigned Fulcrum representative within 2 weeks of purchasing the service, or risk losing your assigned coach.

    • On your first call you will agree to the tempo and cadence of coaching. Coaching sessions must be rescheduled with at least 24 hours notice, and ideally with 72 hours notice. We have found it most effective to pre-schedule your coaching calls at the same time each week and to stick with the assigned times, as scheduling individual sessions one-by-one can be difficult and result in missed sessions and lack of continuity. If you need to reschedule a coaching session with less than 24 hours notice, we will do our best to accommodate, but if we are unable to accommodate a new time, there will be no make-up session offered and that session will be lost.

    • Unless explicitly stated at the beginning of the coaching relationships, coaching generally gives the best results through a consistent multi-month commitment between Fulcrum, your coach and you. We have found best results are achieved through consistency of connection and consistency of action, with goals defined early and worked on every week. For this reason (except in emergency situations) we do not allow pausing and restarting a coaching contract more than once per year without a prior conversation with your coach. This is to ensure we are able to deliver results at a world-class level.

    • NOTE: it is not possible to delay the delivery of this service as we must adhere to a firm schedule to accommodate requests from all founders.

    • No Guarantees: Fulcrum Venture Accelerator does not guarantee any specific outcomes or results from participating in the Coaching Services provided.

    • Confidentiality: Both parties understand and agree that during the delivery of the Coaching Services, confidential information may be shared. Confidential information refers to any non-public information disclosed by either party, including but not limited to business plans, financial information, and proprietary strategies. Both parties agree to maintain the confidentiality of such information and to use it solely for the purposes of the Service. Confidential information should not be shared with any third party without prior written consent, except as required by law.

    • Disclaimer of Liability: Fulcrum Venture Accelerator and its affiliates shall not be liable for any direct, indirect, incidental, consequential, or exemplary damages arising from your use of our Coaching Services. You assume all responsibility and risk for the use of this service.

    • Governing Law: These terms and conditions shall be governed by and construed in accordance with the laws of the jurisdiction where Fulcrum Venture Accelerator is located.

    • Entire Agreement: These terms and conditions constitute the entire agreement between you and Fulcrum Venture Accelerator regarding the Coaching Services and supersede any prior agreements or understandings.

Get Funded Program

The “Get Funded” audio program is an educational resource provided by Fulcrum Venture Accelerator, aimed at providing guidance and information on securing funding for startups and entrepreneurs. By accessing and using the Get Funded audio program on www.fulcrumventureaccelerator.com, you agree to comply with these terms and conditions.

• • • Payment Obligations: You agree to make the agreed upon payments at the specified intervals, using the agreed upon payment method. Late payments may incur fees, and all payments made are non-refundable.

    • Intellectual Property: All content, including audio recordings, text, graphics, and other materials provided in the Get Funded audio program, are protected by intellectual property rights. You may not reproduce, distribute, or modify the content without prior written permission from Fulcrum Venture Accelerator.

    • Personal Use Only: The Get Funded audio program is for personal and non-commercial use only. You may not use the program for any commercial purposes, including resale or redistribution.

    • No Guarantees: Fulcrum Venture Accelerator does not guarantee any specific outcomes or results from participating in the Get Funded audio program. The program provides general information and guidance, but individual results may vary.

    • Privacy: By accessing and using the Get Funded audio program, you agree to the collection, storage, and use of your personal information in accordance with Fulcrum Venture Accelerator’s privacy policy.

    • Modifications: Fulcrum Venture Accelerator reserves the right to modify or discontinue the Get Funded audio program at any time without prior notice. Changes to the terms and conditions will be effective upon posting on the website.

    • Disclaimer of Liability: Fulcrum Venture Accelerator and its affiliates shall not be liable for any direct, indirect, incidental, consequential, or exemplary damages arising from your use of the Get Funded audio program. You assume all responsibility and risk for the use of the program.

    • Governing Law: These terms and conditions shall be governed by and construed in accordance with the laws of the jurisdiction where Fulcrum Venture Accelerator is located.

    • Entire Agreement: These terms and conditions constitute the entire agreement between you and Fulcrum Venture Accelerator regarding the Get Funded audio program and supersede any prior agreements or understandings.