Please carefully review these terms and conditions of use before using this site or accessing any data thereon. Any use of this website creates a binding agreement to comply with these terms and conditions. If you do not agree to these terms without any limitations or exclusions, you should exit this site immediately.
The following are terms of a legal agreement (the "Agreement") between you and Artificial Intelligence Business Lab LLC, ("Artificial Intelligence Business Lab LLC") the operator of AIBusinessLab.org, AIBusinessLab.com, AIBusinessLab.net, and eBecoming.com, that sets forth the terms and conditions for your use of this web site (the "Site"). The Site is owned and operated by Artificial Intelligence Business Lab LLC. This Site is being provided to you expressly subject to this Agreement. By accessing, browsing and/or using the Site, you acknowledge that you have read, understood, and agree to be bound by the terms of this Agreement and to comply with all applicable laws and regulations. The terms and conditions of this Agreement form an essential basis of the contract between you and Artificial Intelligence Business Lab LLC.
Artificial Intelligence Business Lab LLC reserves the right to amend this Agreement at any time and will notify you of any such changes by posting the revised Agreement on the Site. You should check this Agreement on the Site periodically for changes. All changes shall be effective upon posting. Your continued use of the Site after any change to this Agreement constitutes your agreement to be bound by any such changes. Artificial Intelligence Business Lab LLC may terminate, suspend, change, or restrict access to all or any part of this Site without notice or liability.
This web site, and all the functions it contains, is provided for educational and entertainment purposes only, to demonstrate some of the factors that influence business value and business success. It is not intended and must not be used for any other purpose. It is not an appraisal of value, and must not be substituted for comprehensive valuation studies from experienced valuation professionals. The value information provided by the various evaluation tools and other functions of the Site is subject to the following additional limitations:
1. The completeness and accuracy of the information provided by the user. For example, no site inspection, no verification of company assets, liabilities, income or expenses, no environmental review, no audit of the financial records, no investigation of legal and regulatory matters, no risk evaluation, and no comprehensive interviews of stakeholders were conducted. The output is a conceptual model entirely based on the limited user inputs.
2. The point in time. Business value evolves very rapidly, and the value of any enterprise is expected to change dramatically over time. The evaluation tool output is a snapshot of a single moment in time. Potential changes and risks which may be foreseen or unforeseen by company insiders are not included in evaluation reports.
3. The rights being valued. The evaluation tools assume complete ownership and control of the entire enterprise, including talent, know-how, relationships, processes and all other tangible and intangible assets, and including cash, receivables and liabilities. Other situations are not considered.
4. The evaluations and other reports provided by Artificial Intelligence Business Lab LLC are intended for educational use by students and start-up entrepreneurs for their companies only, and may not be copied, published or disclosed to others in any form or part without the prior written consent of Artificial Intelligence Business Lab LLC.
5. Evaluations differ greatly according to perspective. A debt investor, a public market equity investor, a value added distributor, an acquirer, a government agency, and a VC all approach the value of a company differently. The evaluation tools provide different perspectives intended to help users understand more deeply the concerns of various stakeholders, including those of company founders. In any situation, multiple perspectives are required to understand company value.
6. The evaluation reports provided are extremely condensed summaries. Much data was not considered and many aspects of the issues were summarized or omitted entirely. The web Site user agrees to this very limited scope.
7. The evaluation estimates are limited to the format provided, and no obligation exists to provide a different or more comprehensive version, to meet with potential investors, to testify in court, or to appear before government agencies.
8. No adjustments have been contemplated, although a comprehensive investigation would likely indicate the need for extensive adjustments to value.
The copyright in all material on this Site, including without limitation the text, data, articles, design, source code, software, photos, images and other information (collectively the "Content"), is held by Artificial Intelligence Business Lab LLC and is protected by International copyright laws or treaties. You agree that the Content may not be copied, reproduced, distributed, republished, displayed, posted or transmitted in any form or by any means, including, but not limited to, electronic, mechanical, photocopying, recording, or otherwise, without the express prior written consent of Artificial Intelligence Business Lab LLC. You acknowledge that the Content is and shall remain the property of Artificial Intelligence Business Lab LLC. You may not modify, participate in the sale or transfer of, or create derivative works based on any Content, in whole or in part. The use of the Content on any other Site, including by linking or framing, or in any networked computer environment for any purpose, is prohibited without Artificial Intelligence Business Lab LLC's prior written approval.
All data obtained from or provided by Artificial Intelligence Business Lab LLC, regardless of the method of delivery, is explicitly prohibited from publication and distribution and is subject to the Artificial Intelligence Business Lab LLC Terms of Use. Moreover, you represent that all data provided by Artificial Intelligence Business Lab LLC to a user, regardless of the method of delivery, is not used for any competing purposes and only used to permit educational interaction using the products or services of Artificial Intelligence Business Lab LLC.
You also may not, without Artificial Intelligence Business Lab LLC's express written permission, "mirror" any material contained on this Site on any other server. Any unauthorized use of any Content on this Site may violate copyright laws, trademark laws, the laws of privacy and publicity, and communications statutes and regulations.
You agree to use the Content and Site only for lawful purposes. You are prohibited from any use of the Content or Site that would constitute a violation of any applicable law, regulation, rule or ordinance of any nationality, state, or locality or of any international law or treaty, or that could give rise to any civil or criminal liability. Any unauthorized use of the Site, including but not limited to unauthorized entry into Artificial Intelligence Business Lab LLC's systems, misuse of passwords, or misuse of any information posted on the Site is strictly prohibited. Artificial Intelligence Business Lab LLC makes no claims concerning whether the Content may be downloaded or is appropriate for use in any particular nation or region. You are solely responsible for ensuring compliance with the laws of your specific jurisdiction. Your eligibility for particular products or services is subject to final determination by Artificial Intelligence Business Lab LLC.
Members of the Artificial Intelligence Business Lab LLC community must be 18 years of age or older. Young people under the age of 18 are not eligible to participate in the offerings on this website.
You agree not to post, upload, publish, display, transmit, share, store or otherwise make or attempt to make publicly available on the Site or on any other website, or in any email, blog, forum, medium or other communication of any kind, any private or personally identifiable information of any Artificial Intelligence Business Lab LLC user or other third party, including, without limitation, names, addresses, phone numbers, email addresses, national identity numbers, driver's license numbers, or bank account or credit card numbers, whether or not such private or personally identifiable information is displayed on or ascertainable from the Site, or obtained or obtainable from sources unrelated to the Site (such as from a “ Baidu® search,” a "Google® search," or other online research).
You agree not to use the Site or any Content to upload, post, email, transmit or otherwise make available any unsolicited or unauthorized advertising, promotional materials, "junk mail," "spam," "chain letters," "pyramid schemes," or any other form of commercial or non-commercial solicitation or bulk communications of any kind to any Artificial Intelligence Business Lab LLC member or other third party. In order to protect Artificial Intelligence Business Lab LLC members from such advertising or solicitation, Artificial Intelligence Business Lab LLC reserves the right to restrict the number of emails which a member may send to other members in any 24-hour period to a number which Artificial Intelligence Business Lab LLC deems appropriate in our sole discretion. Directly contacting more than three (3) Artificial Intelligence Business Lab LLC members with a materially identical message within a 24-hour period is presumed to be spam and a violation of this Agreement.
You agree not to use data provided by Artificial Intelligence Business Lab LLC, provided in any manner whatsoever, for any competing uses or purposes. You further agree that you have never used data, provided in any manner whatsoever, from Artificial Intelligence Business Lab LLC in the past to compete with the products or services of Artificial Intelligence Business Lab LLC.
Artificial Intelligence Business Lab LLC (including the Artificial Intelligence Business Lab LLC logo), eBecoming.com, and all related logos (collectively the "Artificial Intelligence Business Lab LLC trademarks") are trademarks or service marks of Artificial Intelligence Business Lab LLC. Other company, product, and service names and logos used and displayed on this Site may be trademarks or service marks owned by Artificial Intelligence Business Lab LLC or others. Nothing on this Site should be construed as granting, by implication, estoppel, or otherwise, any license or right to use any of the Artificial Intelligence Business Lab LLC trademarks displayed on this Site, without our prior written permission in each instance. You may not use, copy, display, distribute, modify or reproduce any of the trademarks found on the Site unless in accordance with written authorization by us. Artificial Intelligence Business Lab LLC prohibits use of any of the Artificial Intelligence Business Lab LLC trademarks as part of a link to or from any site unless establishment of such a link is approved in writing by us in advance. Any questions concerning any Artificial Intelligence Business Lab LLC Trademarks, or whether any mark or logo is a Artificial Intelligence Business Lab LLC Trademark, should be referred to Artificial Intelligence Business Lab LLC.
This site may contain links to web sites controlled, owned, and operated by third parties (the "third-party sites"). Artificial Intelligence Business Lab LLC cannot control and has no responsibility for the accuracy or availability of information provided on the third-party sites. You acknowledge that use of any third-party sites is governed by the terms of use for those websites, and not by this Agreement. Links to third-party sites do not constitute an endorsement or recommendation by Artificial Intelligence Business Lab LLC of such sites or the content, products, advertising or other materials presented on such sites, but are only for your convenience and you access them at your own risk. Such third-party sites may have a privacy policy different from that of Artificial Intelligence Business Lab LLC and the third-party site may provide less security than this Site. Artificial Intelligence Business Lab LLC is not responsible for the content of any third-party web sites, nor does Artificial Intelligence Business Lab LLC make any warranties or representations, express or implied, regarding the content (or the accuracy of such content) on any third-party web sites, and Artificial Intelligence Business Lab LLC shall have no liability of any nature whatsoever for any failure of products or services offered or advertised at such sites or otherwise.
Whether you choose to participate on the Artificial Intelligence Business Lab LLC platform as a student, entrepreneur, investor, start-up incubator, lender, or any other position, from time to time you may receive disclosures, notices, documents and information ("Communications") from Artificial Intelligence Business Lab LLC or our respective partners (collectively, "we" or "us"). We can only give you the benefits of our service by conducting business through the Internet, and therefore we need you to consent to our giving you Communications electronically. This section informs you of your rights when receiving Communications from us electronically.
Electronic Communications.You agree that all Communications from us, WebBank, and our respective agents relating to your use of the Artificial Intelligence Business Lab LLC platform may be provided or made available to you electronically by e-mail or at our website. If you consent, you may still have the right to receive a free paper copy of any Communication by contacting us in the manner described below. We may discontinue electronic provision of Disclosures at any time at our sole discretion.
Scope of ConsentYour consent to receive Communications and do business electronically, and our agreement to do so, applies to all of your interactions and transactions through the Artificial Intelligence Business Lab LLC platform, regardless of your position.
Hardware and Software RequirementsTo access and retain the Communications electronically, you will need to use a computer with Internet Explorer 8.0 or above, Firefox 4.0 or above, or similar software, Adobe Acrobat and hardware capable of running this software. You acknowledge that you can access the electronic Communications in the designated formats described herein.
Mobile Technology If you are accessing our site electronically through a mobile device, such as a tablet, smartphone or similar device, you must be able to print and save the transmitted Communications. You can find apps that support printing and saving for most mobile devices through your mobile device's app store. If your mobile device does not have this functionality, you must access our website through alternate means that provide you with the ability to print and save the Communications.
Withdrawing ConsentYou may withdraw your consent to receive Communications electronically by contacting us in the manner described below. If you withdraw your consent, from that time forward (1) you cannot access the Artificial Intelligence Business Lab LLC platform and the evaluation tools, (2) any pending evaluations will automatically terminate and be removed from the Artificial Intelligence Business Lab LLC platform. The withdrawal of your consent will not affect the application of these Terms of Use to evaluations previously obtained through the Artificial Intelligence Business Lab LLC platform, or any electronic Communications provided or business transacted between us prior to the time you withdraw your consent.
Changes in Your Contact InformationPlease keep us informed of any changes in your email or mailing address so that you continue to receive all Communications without interruption. You can contact us by email at compliance@eBecoming LLC.com.
None of Artificial Intelligence Business Lab LLC, its parent, any of its affiliates, providers or their respective officers, directors, employees, agents, independent contractors or licensors (collectively the "Artificial Intelligence Business Lab LLC Parties") guarantees the accuracy, adequacy, timeliness, reliability, completeness, or usefulness of any of the Content and the Artificial Intelligence Business Lab LLC Parties disclaim liability for errors or omissions in the Content.
This Site and all of the Content is provided "as is" and "as available," without any warranty, either express or implied, including the implied warranties of merchantability, fitness for a particular purpose, non-infringement or title. Additionally, there are no warranties as to the results of your use of the Content. The Artificial Intelligence Business Lab LLC Parties do not warrant that the Site is free of viruses or other harmful components. This does not affect those warranties which are incapable of exclusion, restriction or modification under the laws applicable to this Agreement.
The Artificial Intelligence Business Lab LLC Parties may discontinue or make changes in the Content and site at any time without prior notice to you and without any liability to you. Any dated information is published as of its date only, and the Artificial Intelligence Business Lab LLC Parties do not undertake any obligation or responsibility to update or amend any such information. The Artificial Intelligence Business Lab LLC Parties reserve the right to terminate any or all Site offerings or transmissions without prior notice to you. This Site could contain technical inaccuracies or typographical errors. Use of this Site is at your own risk
Under no circumstances will the Artificial Intelligence Business Lab LLC Parties be liable for any damages including general, special, direct, indirect, incidental, consequential, punitive or any other damages (including, without limitation, lost profits or business interruption) of any kind whether in an action in contract or negligence arising or relating in any way to the use or inability to use by any party of the content, the Site or any third-party site to which this site is linked, or in connection with any failure of performance, error, omission, interruption, defect, delay in operation or transmission, computer virus or line or system failure, even if Artificial Intelligence Business Lab LLC Parties, or representatives thereof, are advised of the possibility of such damages, losses or expenses. The Artificial Intelligence Business Lab LLC Parties are not liable for any defamatory, offensive or illegal conduct of any user. Your sole remedy for dissatisfaction with this Site is to stop using the Site. If your use of materials from this Site results in the need for servicing, repair or correction of equipment or data, you assume any costs thereof. If the foregoing limitation is found to be invalid, you agree that the Artificial Intelligence Business Lab LLC Parties' total liability for all damages, losses, or causes of action of any kind or nature shall be limited to the greatest extent permitted by applicable law
You agree to indemnify and hold harmless Artificial Intelligence Business Lab LLC Parties from and against any and all claims, losses, expenses, demands or liabilities, including attorneys' fees and costs, incurred by the Artificial Intelligence Business Lab LLC Parties in connection with any claim by a third party (including any intellectual property claim) arising out of (i) materials and content you submit to, post to or transmit through the Site, or (ii) your use of the Site in violation of this Agreement or in violation of any applicable law. You further agree that you will cooperate fully in the defense of any such claims. Artificial Intelligence Business Lab LLC Parties reserve the right, at their own expense, to assume the exclusive defense and control of any matter otherwise subject to indemnification by you, and you shall not in any event settle any such claim or matter without the written consent of Artificial Intelligence Business Lab LLC. You further agree to indemnify and hold harmless Artificial Intelligence Business Lab LLC Parties from any claim arising from a third party's use of information or materials of any kind that you post to the Site.
Artificial Intelligence Business Lab LLC has no obligation to monitor the Site; however, you acknowledge and agree that Artificial Intelligence Business Lab LLC has the right to monitor the Site electronically from time to time and to disclose any information as necessary or appropriate to satisfy any law, regulation or other governmental request, to operate the Site, or to protect itself or other users of the Site.
All remarks, discussions, ideas, concepts, know-how, techniques, graphics or other submissions communicated to Artificial Intelligence Business Lab LLC through this Site (collectively, "Submissions") will be deemed and remain the property of Artificial Intelligence Business Lab LLC, and Artificial Intelligence Business Lab LLC is entitled to use any Submission for any purpose, without restriction or compensation to the individual who has provided the Submission. Artificial Intelligence Business Lab LLC shall not be subject to any obligations of confidentiality regarding Submissions except as expressly agreed by Artificial Intelligence Business Lab LLC or as otherwise required by applicable law. Nothing herein contained shall be construed as limiting Artificial Intelligence Business Lab LLC's responsibilities and obligations under its Privacy Policy.
Artificial Intelligence Business Lab LLC's practices and policies with respect to the collection and use of personally identifiable information are governed by Artificial Intelligence Business Lab LLC's Privacy Policy.
This Site is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to applicable law or regulation. By offering this Site and Content no distribution or solicitation is made by Artificial Intelligence Business Lab LLC to any person to use the Site or Content in jurisdictions where the provision of the Site and/or Content is prohibited by law
This Agreement is effective until terminated by Artificial Intelligence Business Lab LLC. Artificial Intelligence Business Lab LLC may terminate this Agreement at any time without notice, or suspend or terminate your access and use of the Site at any time, with or without cause, in Artificial Intelligence Business Lab LLC's absolute discretion and without notice. The following provisions of this Agreement shall survive termination of your use or access to the Site: the sections concerning Indemnification, Disclaimer of Warranties, Limitation of Liability, Waiver, Applicable Law and Dispute Resolution, and General Provisions, and any other provision that by its terms survives termination of your use or access to the Site
Failure by Artificial Intelligence Business Lab LLC to enforce any of its rights under this Agreement shall not be construed as a waiver of those rights or any other rights in any way whatsoever.
This Agreement and all other aspects of your use of the Site shall be governed by and construed in accordance with the laws of the United States and, to the extent applicable, to the laws of the State of Nevada, without regard to its conflict of laws rules. You agree that you will notify Artificial Intelligence Business Lab LLC in writing of any claim or dispute concerning or relating to the Site and the information or services provided through it, and give Artificial Intelligence Business Lab LLC a reasonable period of time to address it BEFORE bringing any legal action, either individually, as a class member or representative, or as a private attorney general, against Artificial Intelligence Business Lab LLC
This Agreement shall be subject to any other agreements you have entered into with Artificial Intelligence Business Lab LLC
Certain sections or pages on the Site may contain separate terms and conditions of use, which are in addition to the terms and conditions of this Agreement. In the event of a conflict, the additional terms and conditions will govern for those sections or pages.
If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall be enforced to the fullest extent possible, and the remaining provisions of the Agreement shall remain in full force and effect
This Agreement supersedes any previous Terms of Use Agreement to which you and Artificial Intelligence Business Lab LLC may have been bound. This Agreement will be binding on, inure to the benefit of, and be enforceable against the parties and their respective successors and assigns. Neither the course of conduct between parties nor trade practice shall act to modify any provision of the Agreement. All rights not expressly granted herein are hereby reserved. Headings are for reference purposes only and in no way define, limit, construe or describe the scope or extent of such section
If you believe, in good faith, that any materials on the Site infringe your copyrights, notifications of claimed copyright infringement should be sent to Artificial Intelligence Business Lab LLC. Notification should include:
* an electronic or physical signature of the person authorized to act on behalf of the owner of the copyright interest;
* a description of the copyrighted work that you claim has been infringed;
* a description of where the material you claim is infringing is located on the Site
* a statement by you that you have a good faith belief that the disputed use is not authorized by the copyright owner, its agent or the law; and
* a statement by you, made under penalty of perjury, that the above information in your notice is accurate and that you are the copyright owner or duly authorized to act on the copyright owner's behalf.
You may contact Artificial Intelligence Business Lab LLC for notification of claimed copyright infringement by e-mail at info@eBecoming.com.
If you have questions regarding the Agreement or the practices of Artificial Intelligence Business Lab LLC, please contact us by e-mail at info@eBecoming.com.
Last Updated: August 31st 2017