Terms of Service | FounderSequence

1. Services Overview

FounderSequence provides product development, market validation, MVP building, and strategic advisory services to founders and businesses ("Services").

Our Services are subject to the specific terms outlined in individual project agreements, statements of work (SOWs), and proposals accepted by the client.

2. Engagement & Project Terms

Project Agreements

Each project is governed by a separate agreement that specifies scope, deliverables, timeline, and pricing. These agreements form part of our overall terms.

Discovery Phase

All projects begin with a paid discovery phase to ensure alignment and provide accurate project scoping before development begins.

Fixed-Price Commitments

Once a project scope is agreed upon, pricing is fixed. Changes to scope may result in additional charges as outlined in a change order.

3. Payment Terms

Deposit: A 50% deposit is required to commence work on any project
Milestones: Remaining payments are tied to project milestones as defined in the agreement
Late Payments: Invoices are due within 14 days. Late payments may incur a 1.5% monthly fee
Methods: We accept bank transfers, credit cards, and approved payment platforms

4. Intellectual Property

Client Ownership

Upon full payment, clients receive full ownership of all custom code, designs, and deliverables created specifically for their project.

FounderSequence Tools

We retain ownership of our proprietary tools, frameworks, and methodologies that may be used in delivering your project. Clients receive a perpetual license to use these within their project.

Third-Party Components

Open-source libraries and third-party integrations remain under their respective licenses.

5. Confidentiality

Both parties agree to maintain confidentiality of proprietary information shared during the engagement. This includes:

Business plans, strategies, and financial information
Technical specifications and source code
Customer and user data
Any information marked as confidential

6. Project Changes & Cancellation

Scope Changes

Changes to project scope require a written change order. We'll provide a quote for any additional work before proceeding.

Client Cancellation

Clients may cancel with 14 days written notice. Fees for work completed to date are non-refundable. Deposits may be partially refundable depending on work stage.

Our Right to Terminate

We reserve the right to terminate engagements in cases of payment default, violation of these terms, or circumstances that make delivery impossible.

7. Warranties & Limitations

What We Guarantee

Deliverables will substantially match agreed specifications
30-day bug fix support after launch (for development projects)
Professional, industry-standard work quality

Limitations

We cannot guarantee specific business outcomes, market success, or third-party service availability. Our liability is limited to fees paid for the specific service in question.

8. Website Use

When using our website, you agree not to:

Submit false or misleading information
Attempt to gain unauthorized access to our systems
Use the site for any unlawful purpose
Scrape or harvest data without permission

9. Dispute Resolution

We believe in resolving disputes amicably. In case of disagreement:

First, we'll attempt to resolve the matter through direct negotiation
If unresolved, we'll engage a mutually agreed mediator
As a last resort, disputes will be settled under the laws of Delaware, USA

10. Contact Us

Questions about these terms? Reach out to us:

legal@foundersequence.com

11. Updates to Terms

We may update these terms from time to time. Continued use of our services after changes constitutes acceptance of the new terms. We'll notify existing clients of material changes.