Terms of Use

These Terms of Use (“Terms”) set forth the basic terms and conditions that govern your visit to and use of this website (the “Site”), which is maintained by Liquid Capital Management, LLC (“Liquid Capital” and together with its affiliates, “Liquid Stock”). By using the Site, you agree to be bound by these Terms and all disclaimers and terms and conditions that appear on the Site now or in the future. These Terms may be updated by us at any time. Your continued use of the Site after any such modifications constitutes your acceptance of the modified terms and conditions. If you do not agree to receive these legal notices and to abide by these Terms for any reason you agree that your sole and exclusive remedy is to discontinue using the Site.


Nothing contained in these Terms is intended to modify or amend any other written agreement you may have with us (“Other Agreements”), if any, which may currently be in effect. In the event of any inconsistency between these Terms and any Other Agreements, the Other Agreements will govern. Your compliance with these terms and all Other Agreements is a condition to your right to access the Site.


Your breach of any provision of these Terms or Other Agreements will automatically, without the requirement of notice of other action, revoke and terminate your right to access the Site and you will be fully liable for conversion, misappropriation, trespass to chattels, and all other claims and causes, regardless of the identity of the claimant or injured party, arising from or relating to your continued use of the Site after such breach.


No Offer or Advice

Liquid Capital is an investment advisor, registered with the Securities and Exchange Commission, providing investment advice and management to certain privately offered pooled investment vehicles (each a “Fund”). Each Fund has been or will be formed for various purposes, including but not limited to, acquiring exposure to the stock of private companies (“Companies”) held by the equity-holders of such Companies who are seeking liquidity (“Shareholders”). Liquid Capital provides investment advice to the Funds with respect to such investments, and with respect to other investments made by the Funds. The Funds are Liquid Capital’s clients. Liquid Capital does not solicit or make its services available to the public or other advisory clients.  Shareholders and Companies are not customers or clients of Liquid Capital. Liquid Capital Management does not provide any type of investment, securities, tax, accounting, legal or brokerage advice or services to Shareholders or Companies in any capacity. You acknowledge that the content of the Site is for general, informational purposes only and is not intended to constitute an offer to sell or buy any securities or other assets, an offer to provide any liquidity to you or a promise to undertake or solicit business, and may not be relied upon in connection with any offer or sale of securities or other assets. An offer or solicitation will be made only through a final private liquidity agreement, 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 necessary qualifications. Investing or transacting in private securities involves risk, including the possible loss of all principal. Private securities are highly speculative and less liquid than publicly traded securities. Investors should consider their investment objectives and risks carefully before transacting in private securities.  Liquid Stock makes no representations that any information provided via the Site is accurate, current, non-infringing, fit for a particular purpose, or complete. You are solely responsible for evaluating the risks and merits regarding the use of the Site and any services provided herein.  


We are not utilizing the Site to provide investment, tax, legal, accounting, financial, brokerage or other advice, and nothing on the Site is to be deemed a recommendation that you obtain liquidity, exercise stock options, buy, sell or hold any security or other investment or that you pursue any investment style or strategy. If you would like investment, tax, legal, accounting, financial, brokerage or other advice, you should consult with your own advisors with respect to your individual circumstances and needs.


Past Performance

Any performance data or comments expressed on the Site are an indication of past performance. Past performance is not indicative of future results; no representation is being made that any liquidity and/or investment will or is likely to achieve profits or losses similar to those achieved in the past, or that significant or complete losses will be avoided. The Site does not include a list of all Companies to which the Funds have exposure, which may be made available upon request.


Forward Looking Statements

The contents of the Site contains forward looking statements that are based on management’s beliefs, assumptions, current expectations, estimates, and projections about the financial industry, the economy, Liquid Stock itself or its investments. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict with regard to timing, extent, likelihood and degree of occurrence. Therefore, actual results and outcomes may materially differ from what may be expressed or forecasted in such forward-looking statements. Furthermore, Liquid Stock undertakes no obligation to update, amend or clarify forward looking statements, whether as a result of new information, future events or otherwise.


Site Contents

All information included on this Site is for informational purposes only, speaks only as of the date indicated, and may not be up to date. All calculators, graphs, charts, case studies, forecasts, estimates, opinions and illustrations, including any content included in the Site portal or any password protected portion of the Site, are for educational and illustrative purposes only and are not necessarily indicative of future results. 


The Site may contain information that has been provided by third parties and may link to third-party sites. This information has not been verified by Liquid Stock and Liquid Stock assumes no responsibility for such content.


All content included on the Site, such as text, images, graphics, logos, articles and other materials, is the property of Liquid Stock or others and is protected by United States and international copyright and other laws. All trademarks and logos displayed on the Site are the property of their respective owners, who may or may not be affiliated with Liquid Capital. Nothing contained on the Site should be construed as granting, by implication, estoppel or otherwise, any license or right to use any content or trademark displayed on the Site without the written permission of Liquid Stock or such other third party that may own the content or trademark displayed on the Site. Any inclusion of trademarks or logos of third parties, including of Companies, does not imply any endorsement of Liquid Stock by such Companies. Nothing in these Terms shall constitute a waiver of any trademark or other intellectual property rights concerning name, logo or trademark. Please be advised that Liquid Stock may enforce its intellectual property rights to the fullest extent by law.


Restrictions on Use

The information, materials and other content of the Site may not be copied, displayed, distributed, licensed, modified, published, reposted, reproduced, reused, sold, transmitted, used to create a derivative work or otherwise used for public or commercial purposes without the express written consent of Liquid Stock. Any unauthorized use of the images may violate copyright laws, trademark laws, the laws of privacy and publicity and communications regulations and statutes. You warrant that when using the Site you shall not violate or facilitate any violation of any applicable local, state, federal or international law, statute, regulation, code or ordinance, including, without limitation, regulations promulgated by or the rules of any national or other securities exchange.


Modifications to Content

We may, at our discretion, modify or discontinue any of the content of this site, or any portion thereof, with or without notice.


Limitation of Liability

No Liquid Stock individual, entity or affiliate shall have any liability for your use of, or reliance upon, the Site or any materials herein, even if Liquid Stock has been advised of the possibility of such liability. With regard to any jurisdiction that limits Liquid Stock’s ability do disclaim liability, Liquid Stock’s liability shall be limited to the greatest extent permitted by applicable law.


Miscellaneous; Choice of Law

These Terms shall be governed by and construed in accordance with the laws of the State of California, without reference to principles of conflicts of law.  Any disputes relating to these Terms shall be resolved exclusively in the state or federal courts located in Los Angeles County, California. These Terms are binding on you as well as your successors and permitted assigns. If any provision of these Terms is found to be unenforceable or invalid, that provision will be limited or eliminated, to the minimum extent necessary, so that these Terms shall otherwise remain in full force and effect and enforceable. Our failure to act on or enforce any provision of these Terms shall not be construed as a waiver of that provision or any other provision in these Terms. No waiver shall be effective against us unless made in writing, and no such waiver shall be construed as a waiver in any other or subsequent instance.