Terms of use

1. Who we are

First Yes operates a scouting desk. We help pre-seed materials and hard-tech founders prepare a single use-case for a paid plant, lab, or jobsite trial, and, if both sides agree, we introduce that use-case to one named buyer. We are not an accelerator, not a venture studio, not a broker-dealer, and not a law firm.

The operating company is being formed. These terms apply to the service at https://firstyesfund.com and any successor domain. When the company is named, we will restate the legal entity here.

2. What you authorize

When you click Authorize, you grant First Yes a limited right to collect, store, and use the information you submit (account details, company name, dossier answers, uploaded files, scores, and messages) solely to operate the desk: to score your use-case, to screen it, to write a one-page package, and, only after you accept an offer, to share that package with a specific buyer you have agreed to.

That authorization is not a license of your technology, patents, trade secrets, or brand.

3. Your intellectual property

You keep all intellectual property in your materials, data, and filings. Submitting a form or uploading a file does not assign, exclusively license, or option any IP to us or to any buyer. We do not claim a right of first refusal by these terms.

You represent that you have the right to share what you upload, including any safety data, test results, and third-party reports, and that doing so does not breach another agreement.

4. The score

The readiness score is a screening tool. It is not a certification, a valuation, a scientific peer review, or a promise that a plant will trial your material. A high score does not create an obligation on us to make an introduction. A low score does not bar you from improving the dossier and saving again.

Evidence (documents) is weighted more heavily than claims. You are responsible for the accuracy of what you enter.

5. Offers and introductions

We do not send your package, name, or files to a buyer until you accept a written offer in the founder portal. An offer describes the proposed introduction and any fee for the desk. You may decline. Silence is a decline.

We may refuse a submission, close an account, or decline to package a use-case, including where the path is software-only, where the file is not yours to share, or where a conflict exists (including related companies).

6. Fees

Scoring and applying are free. We do not take equity on this form. If we later charge a fee, it will be stated in an offer you can accept or refuse, and it will be tied to a first paid trial or a separate corporate arrangement, not to a capital raise. See also our Not a broker notice.

7. No professional advice

Nothing on the site is legal, investment, tax, or regulatory advice. Plant trials, safety data, and export rules are your responsibility and the buyer's.

8. Acceptable use

Do not upload malware, do not impersonate another company, and do not use the desk to solicit investments. Treat other users' and buyers' information as confidential if you receive it through an introduction.

9. Limitation of liability

The service is provided as-is. To the fullest extent permitted by law, First Yes and its operators are not liable for lost profits, lost trials, lost data, or indirect damages, and our total liability for a claim relating to the service is limited to the fees you have paid us in the twelve months before the claim (which may be zero).

10. Governing law

These terms are governed by the laws of the State of Delaware, USA, without regard to conflict-of-law rules, pending the named operating company. Courts in Delaware have exclusive jurisdiction, except that we may seek injunctive relief anywhere to protect confidential information.

11. Changes

We may update these terms. The version you authorized is stored on your account. Material changes will be posted on this page with a new effective date. Continued use after that date is acceptance, unless the change requires a fresh Authorize click, in which case we will ask.