Terms of Use - Perspective

Acceptance and eligibility

By creating an account, uploading materials, sharing a room, using an agent endpoint, or otherwise using Perspective, you agree to these Terms.
You must be able to form a binding agreement and must use Perspective only for lawful business purposes.

Founder responsibility

You are responsible for the materials, claims, permissions, accuracy, and sharing choices in your room.
Only upload materials you have the right to use, process, summarize, share, and export. Do not upload confidential third-party information unless you have permission.
You are responsible for reviewing room outputs before sending them to investors or allowing an AI harness to consume them.

No investment, legal, tax, or diligence advice

No investment advice is provided through Perspective.
Perspective is not investment advice, legal advice, tax advice, accounting advice, financial advice, broker-dealer activity, investment adviser activity, funding portal activity, placement-agent activity, underwriting, securities exchange activity, or a diligence guarantee.
Perspective does not verify offerings, investor accreditation, securities-law compliance, company claims, financial statements, or investment suitability.
AI outputs can help organize information, but founders, investors, and their advisers must make their own decisions.

AI limitations

AI-generated drafts, summaries, scores, claim reviews, investor-fit reads, and agent-readable bundles may be incomplete, stale, biased, or wrong.
You should verify all outputs, source references, financial information, legal statements, and investor-facing claims before sharing them.

AI processing and model providers

Perspective is an AI-native product. Uploading materials, running room intelligence, generating summaries, auditing claims, preparing investor-readable language, exporting a bundle, or exposing an agent endpoint can cause source files, extracted text, founder profile context, room settings, prompts, and generated outputs to be extracted, stored, summarized, classified, and transformed by Perspective and its service providers.
Selected text, metadata, prompts, generated outputs, and room context may be sent to model providers or infrastructure subprocessors to perform the requested workflow. We aim to send the minimum useful context for each task, though some workflows may still require sending sensitive room context or extracted text to a model provider.
Where available, we configure model-provider relationships so customer content is not used to train general models. Provider-specific commitments are described in our subprocessor list.
Perspective personnel may access account, room, prompt, output, log, or diagnostic information when needed to operate, debug, secure, support, or improve the service, subject to role-based access controls and confidentiality obligations.
Agent endpoints can expose structured room data, agent.md summaries, and material metadata for shared rooms. Materials stay private unless you publish, share, include, or export them as part of a founder-published room. Do not expose an agent endpoint to recipients who should not read the room in an AI-native format.

User content and product license

You keep ownership of your uploaded materials and room content.
You grant Perspective the limited rights needed to host, store, copy, process, extract, summarize, display, transmit, export, and otherwise operate the product for you and your authorized recipients.
Perspective owns the product, software, workflows, templates, designs, documentation, and non-user-content technology.

Account access, credits, and payment

You are responsible for account access, collaborators, API tokens, room links, payment details, usage, and credits.
Credits and plan limits may be changed, granted, revoked, expired, or corrected to prevent abuse, fix errors, enforce plan rules, or operate the service.
Unless otherwise stated in writing, payments are non-refundable except where required by law or expressly approved by Perspective.

Room sharing, viewer disclosure, and exports

A shared room may require a viewer to identify themselves before opening the room. Viewer name, email, organization signal, human views, repeat visits, material downloads, timestamps, and related access events may be logged and shown to the room owner.
When an AI harness reads a shared room endpoint, Perspective may log the agent endpoint, access time, requested format, token, user-agent details, IP-derived diagnostics, and any available viewer identity, and may show those agent reads to the room owner so founders can tell whether a room was reviewed by a person, an AI harness, or both.
Founders choose which materials are included, excluded, or gated. Gated or excluded materials are metadata-only until the founder grants access, where metadata can include the material name, type, description, folder, version, status, and access boundary. Do not assume a shared room includes every document a founder has uploaded to Perspective.
Hosted room links may be revoked or changed inside Perspective. Revocation prevents future hosted access through that link, but it does not erase historical logs or recall materials already downloaded, copied, screenshotted, summarized, or exported.
Static exports are portable files. Anyone with the ZIP or exported files can open the included materials, and Perspective cannot revoke, track, update, or delete copies after download.
You are responsible for deciding whether a room, material, link, export, or agent endpoint should be shared with a recipient, and for treating room links like investor data-room links shared only with intended recipients.

Acceptable use

Do not use Perspective to share unlawful materials, misrepresent company information, violate securities laws, scrape or overload the service, bypass access controls, reverse engineer protected parts of the product, or violate someone else's rights.
Do not upload malware, attempt unauthorized access, interfere with service reliability, or use Perspective to generate deceptive, fraudulent, or misleading investor materials.

Disclaimers and liability limits

Perspective is provided as is and as available, without warranties of any kind except where warranties cannot be excluded by law.
To the fullest extent allowed by law, Perspective will not be liable for indirect, incidental, special, consequential, exemplary, or punitive damages, lost profits, lost fundraising opportunities, lost data, or investment decisions.
To the fullest extent allowed by law, Perspective total liability for any claim is limited to the amount you paid Perspective for the service in the three months before the event giving rise to the claim, or one hundred dollars if you paid nothing.

Indemnity, termination, and changes

You agree to defend and indemnify Perspective against claims arising from your materials, rooms, exports, misuse of the product, violation of law, or breach of these Terms.
Perspective may suspend or terminate access for abuse, security risk, nonpayment, legal risk, or violation of these Terms. Termination does not require Perspective to recall static exports already downloaded by others.
We may update these Terms as the product or law changes. Material changes will be reflected by updating the date on this page, and continued use after changes means you accept the updated Terms.

Governing law, arbitration, and disputes

These Terms are governed by the laws of the State of Delaware, without regard to its conflict-of-laws rules.
Before starting any formal proceeding, you agree to first contact legal@perspectiveapp.io and try in good faith to resolve the dispute for at least 30 days.
Any dispute, claim, or controversy arising out of or relating to these Terms or the service that is not resolved informally will be settled by binding individual arbitration rather than in court, except that either party may bring an individual claim in small-claims court, and either party may seek injunctive relief in court for intellectual-property or unauthorized-access claims.
Class-action waiver: disputes must be brought in your individual capacity, and not as a plaintiff or class member in any purported class, collective, consolidated, or representative proceeding. The arbitrator may not hear the claims of more than one person.
If this class-action waiver is found unenforceable as to a particular dispute, then the entire arbitration agreement will not apply to that dispute, which will instead proceed in the state or federal courts located in Delaware, and both parties consent to the jurisdiction and venue of those courts.