Terms of Service

This Terms of Service document describes the terms, conditions, and limitations (also referred to as “Terms”) that apply to use and access of the website located at www.venturequo.com and are incorporated into all agreements entered into with Venture Quo, as well as all offers, quotations, deliveries, and services provided by Venture Quo.

By accepting these Terms , the Client waives any right to claim that any other terms of service shall be applicable. The applicability of terms of service of the Client (or any other party) is expressly excluded.

In case any provision in these Terms shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not be impaired. If one or more provisions of these Terms appear to be partially or fully illegal or not enforceable under the applicable law, they shall hereby be replaced by provisions which provide similar provisions in a fully enforceable manner.

A variation of the Terms may only be agreed on in writing and signed by authorized representatives of the parties and shall only apply to the particular purchase agreement unless otherwise agreed upon.

Definitions

Consultant: An independent professional or employee of Venture Quo who provides  information and/or advice in a particular area of expertise.

Information: Information can be given orally, in writing, or by the means of predetermined deliverable by the Consultant to the Client on different areas including but not limited to:

  • Valuation

  • Corporate development

  • Data modeling

  • Predictive analytics

Fees: The total price for the services provided by Venture Quo, or any representative associated with or representing Venture Quo. 

Offer: A written offer issued by Venture Quo, or on behalf of Venture Quo, to the Client, in which it states against which conditions (financial or otherwise) it is willing to provide Products and Services as listed below. The validity of the Offer may be limited in time.

Products and Services: All services provided by Venture Quo, its employees or contractors affiliated with Venture Quo, including but not limited to:

  • Financial modeling

  • Venture capital

  • Mergers and acquisitions

  • Financial planning

  • Profitability analysis

  • Data engineering

  • Data visualization

  • Predictive modeling

  • Machine learning

Nature of Information Provided

  1. Venture Quo will provide information to the Client to the best of its ability and knowledge, using the experience and expertise in the areas of finance, accounting, economics, and data science. Information provided by Venture Quo to the Client should not be considered legal advice except for cases when this has been explicitly communicated by Venture Quo to the Client.

  2. The Information given to the Client is based on circumstances and outside factors related to the Client, financial markets, government interventions and might lead to outcomes that can neither be foreseen nor assessed by Venture Quo.

  3. The Client is advised at all times to consult his own accountant, tax adviser, and/or legal advisor. Venture Quo can be instructed to help with such services but is not otherwise liable for tax or legal implications that might result form misconduct or improper use of Venture Quo’s Products or Services by the Client.

Contract

  1. Any contract between Venture Quo and the Client will be enforced and be subject to these Terms and no other terms of service shall be binding unless expressly agreed in writing.

  2. The Client’s order for one of Venture Quo’s Products or Services (for instance a Financial Model) will be accepted only when Venture Quo has received a completed and signed Proposal form, and/or has received a letter of Engagement or any other form of instruction has been sent by e-mail which explicitly accepts the Terms.

  3. The Client acknowledges that when entering into a Contract with Venture Quo is subject to the Terms as a principal and not as an agent or on behalf of any other party. The Client agrees to give his/her personal guarantee that Venture Quo’s fees will be paid.

  4. Venture Quo shall detail the nature and composition of Products and Services to be provided, including the time schedule of the deliverables in a Contract Summary Sheet.

  5. The Contract Summary Sheet may include an invoice for a down payment, which is payable within 5 working days. Except for in case of gross negligence or willful misconduct by Venture Quo, such down payment is not refundable. The Client will pay the remainder of the Fees immediately to Venture Quo within the period of time set forth in the invoice, and/or Contract Summary Sheet, that Venture Quo will issue immediately upon receipt of the Written Request. 

  6. Upon receipt of the full amount of the invoice, Venture Quo will proceed to execute the Contract within the specified time period.

Written Request

  1. By issuing a Written Request to Venture Quo, the Client declares unconditionally that he has done or has willingly and consciously not done what is set forth in these Generals Terms and Conditions. 

  2. A Written Request constitutes an agreement with the Products and Services to be provided by Venture Quo to the Client set forth in a corresponding Proposal form.

  3. By issuing a Written Request, the Client shall always do the following:

    • Determine whether he fully understands the Proposal and if it is to his/her requirements.

    • Read these Terms, the Proposal, and any other relevant product conditions that might be applicable.

    • Determine whether all the information and context given to Venture Quo is still accurate and true.

    • Consider consulting his/her own adviser in areas including but no limited to legal, taxation, and accounting.

Obligations and Liability

  1. The estimated completion date of any service to be rendered by Venture Quo  should be regarded as an estimate only,  but Venture Quo will use all reasonable means  to comply with the estimated completion dates. 

  2. In case that Venture Quo does not comply with deadlines or the Client is not satisfied with the way services are carried out, the Client can report the complaint to Venture Quo within ten (10) working days after the problem has occurred.

  3. After a period of ten (10) working days is completed, Venture Quo will not be responsible to fix the matter and will not take any responsibility for the damage caused by that issue.

  4. Venture Quo shall not be liable for non-completion or delay of a Service caused by the client’s delay in providing necessary information, documentation , and any other information that might be requested by Venture Quo during the performance of services. Any Service information that has been provided by Venture Quo should be considered general information, and the Client is responsible to contact an independent tax or legal advisor to get a full impression of the legal consequences of the Service.

  5. All documentation and information provided to Venture Quo by the Client shall remain confidential except for providing to the necessary departments and persons.

  6. Advice and Information provided by Venture Quo to the Client by the means of Products and Services are only recommendations based on our expertise and domain knowledge but are not a guarantee of funding, successful project execution, or return on investment.

Terms of Payment

  1. The contract price shall be due within 14 days from the day the invoice has been sent by Venture Quo, except when it has been agreed otherwise in writing. 

  2. In the event of failure by the Client to pay any amount due to Venture Quo, a contractual fine will be due, equal to 25% of the amount of the invoice, which is not subject to compensation or set-off by the Client and cannot be reduced by a court or arbiter. 

  3. If Client is in the process of liquidation, has been declared bankrupt or has been granted a moratorium, the obligations of the Client to pay will be due and payable on demand.