General

Please read the following terms and conditions (“Terms”). They govern your use of this website and its associated services, including email newsletters, associated content distribution platforms, and public a16z online social media accounts (collectively, “the “Services”). By using the Services, you agree to be bound by these Terms. We may update these Terms from time to time and any modifications will be effective immediately upon posting unless we indicate otherwise. If you use the Services after any changes to the Terms have been posted, that means you agree to all of the changes. We suggest that you review these Terms periodically for changes.

Except as otherwise noted on the Services, all content and material on the Services — including information, photos, podcasts, blog posts, videos, graphics/charts, icons, code, design, and overall appearance — are the property of AH Capital Management, LLC (“Andreessen Horowitz” or “a16z”) and should not be used, modified, or reproduced without our prior written consent. All trademarks, trade names, and logos displayed on the Services are the property of Andreessen Horowitz, its affiliates, or their respective third-party owners, and the Services grants no license to them. ANDREESSEN HOROWITZ and A16Z are registered trademarks in the United States and/or other countries and may not be used without the prior written permission of Andreessen Horowitz.

Andreessen Horowitz is an investment adviser registered with the Securities and Exchange Commission. The Services are intended solely to provide general information about Andreessen Horowitz, its services to entrepreneurs, and its people. Nothing in the Services is directed at nor should be relied upon by any investors or prospective investors in any vehicle managed by Andreessen Horowitz. Andreessen Horowitz does not intend to solicit or make its investment advisory services available to the general public.

Under no circumstances should any information provided in the Services be considered as an offer soliciting the purchase or sale of any security or interest in any pooled investment vehicle sponsored, discussed, or mentioned by Andreessen Horowitz nor should it be construed as an offer to provide investment advisory services. Such offers or solicitations will be made separately and only by means of the confidential offering documents of the specific pooled investment vehicles which should be read in their entirety, and only to those who, among other requirements, meet certain qualifications under federal securities laws. Such investors, defined as accredited investors and qualified purchasers, are generally deemed capable of evaluating the merits and risks of prospective investments and financial matters. There can be no assurances that Andreessen Horowitz’s investment objectives will be achieved or investment strategies will be successful. Any investment in a vehicle managed by Andreessen Horowitz involves a high degree of risk including the risk that the entire amount invested is lost.

Any investments or portfolio companies described or referred to in the Services are not representative of all investments in vehicles managed by Andreessen Horowitz 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. A list of investments made by funds managed by Andreessen Horowitz is available here: https://a16z.com/investments/. Excluded from this list are investments for which the issuer has not provided permission for Andreessen Horowitz to disclose publicly.

Any opinions expressed in the Services reflect Andreessen Horowitz’s views or those of individual posters, and are subject to change. Certain information contained in the Services has been obtained from third-party sources, including from portfolio companies of funds managed by Andreessen Horowitz. While taken from sources believed to be reliable, Andreessen Horowitz has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation. The discussions and opinions expressed herein are not intended to provide investment, accounting, tax, or legal advice. Nothing in the Services is a recommendation that you purchase, sell or hold any security or other investment, or that you pursue any investment style or strategy.  The content of this website is presented on an “as is” basis with no warranties, express or implied, of any kind with respect to the Services. Charts provided herein are for informational purposes only and should not be relied upon when making any investment decision.

Certain statements that individual personnel make may constitute “forward-looking statements” under the Privacy Securities Litigation Reform Act of 1995. 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. Andreessen Horowitz 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.

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

Registration with the SEC does not imply a certain level of skill or training. Additional important information about Andreessen Horowitz, including our Form ADV Part 2A Brochure, is available at the SEC’s website, http://www.adviserinfo.sec.gov.

Third-Party Websites

The Services may link to or integrate with other websites operated or content provided by third parties, and such other websites may link to this website. Andreessen Horowitz has no control over any such other websites or their content and will have no liability arising out of or related to such websites or their content. The existence of any such link does not constitute an endorsement of such websites, the content of the websites, or the operators of the websites. Andreessen Horowitz is providing these links to you only as a convenience. You release and hold Andreessen Horowitz harmless from any and all liability arising from your use of any third-party website or service.

Privacy Policy

We take your privacy seriously. We may collect and store any personal information that you knowingly provide to us, as well as information that we automatically receive from your browser or device. The Services do not currently support “do not track” requests at this time, which means that we may collect information about your online activity both while you are using the Services and after you leave the Services. We may communicate with you if you’ve provided us the means to do so, unless you inform us that you do not want to receive communications from us. We do not rent or sell your personal information to anyone. We may share the personally identifiable information you provide us with third parties, but only as necessary to provide the Services. In addition, we may share information to third parties on a non-personal or aggregated basis such that any individual would not be able to be identified.

You may contact us by privacy [at] a16z [dot] com to learn about what personal information of yours is being processed by us, to request access to such information, to rectify your inaccurate personal information in our possession, and/or to request erasure of some or all of your personal data in our systems. In order to allow us to comply with your request, you may need to provide us with personal data or other information, for example, to verify your identity and the nature of your request. Please note that we may not always be able to fully comply with your request, for example, if we are required to retain certain information about you in order to comply with applicable laws and regulations.

Submissions to Andreessen Horowitz

Due to the large number of business plan ideas and related materials that Andreessen Horowitz reviews, and the similarity of many such plans and materials, we cannot agree to obligations of confidentiality, non-use, or non-disclosure with regard to any information or materials submitted or provided to or otherwise shared with us. By submitting information or materials to Andreessen Horowitz, you (or anyone acting on your behalf) agree that any such information or materials will not be considered confidential or proprietary, and that Andreessen Horowitz is free to use it without condition. In no event will Andreessen Horowitz be limited in, or restricted from, the pursuit of any opportunities, either alone or with third parties.

Titles

Although certain individuals are identified in the Services as “Partners” or “General Partners,” such titles are not intended to indicate that any such individual is actually a partner or general partner of any partnership as those terms are used for legal purposes. Such titles should not be construed to indicate that an individual has any ownership interest in Andreessen Horowitz or an Andreessen Horowitz affiliate nor should such titles be construed to indicate that an individual has any particular decision-making authority or responsibility.

Legal Notices

You are responsible for all information, content, and materials you contribute, disclose, or share in any manner on or through the Services and you represent and warrant you have all rights necessary to do so. You are responsible for all your activity in connection with the Services.

Nothing on the Services constitutes professional or financial advice of any kind (including business, employment, investment advisory, accounting, tax, and/or legal advice). Advice from a suitably qualified professional should always be sought in relation to any particular matter or circumstance. Nothing on the Services constitutes or forms a part of any offer for sale or subscription of, or any invitation to offer to buy or subscribe for, any securities, nor should it or any part of it form the basis of, or be relied upon in connection with, any contract or commitment whatsoever.

You acknowledge and agree that neither Andreessen Horowitz nor any other person (including, without limitation, any affiliate of Andreessen Horowitz) is in any way obligated to invest in any business you are associated with or offer you to invest in any Andreessen Horowitz entity or affiliate. Further, Andreessen Horowitz makes no representation, warranty, or guarantee that any use of its services will result in your employment or engagement as a consultant or receiving career development services of any kind.

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To the fullest extent allowed by applicable law, under no circumstances and regardless of the form of action, whether in contract, warranty, tort (including negligence), strict liability, or otherwise, will Andreessen Horowitz or its affiliates be liable to you or any other person for (i) any amount in excess of $100 or (ii) any consequential, incidental, special, punitive, or exemplary damages, regardless of whether Andreessen Horowitz or its affiliates have been apprised of the likelihood of such damages occurring.

To the fullest extent allowed by applicable law, you agree to indemnify and hold Andreessen Horowitz, its affiliates, officers, agents, employees, and partners harmless from and against any and all claims, liabilities, damages (actual and consequential), losses and expenses (including attorneys’ fees) arising from or in any way related to any third-party claims relating to (a) your use of the Services (including any actions taken by a third-party using your account), and (b) your violation of these Terms.

You and Andreessen Horowitz agree that these Terms are the complete and exclusive statement of the mutual understanding between you and Andreessen Horowitz and supersede all prior agreements and understandings relating to such subject matter. These Terms are governed by and will be construed under the laws of the State of California, without regard to the conflicts of laws provisions thereof. Any disputes relating to these Terms shall be resolved exclusively in the state or federal courts located in Santa Clara 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.