Terms of Service
Last updated: January 2025
1. Acceptance of Terms
By accessing or using Satisfice ("Service"), you agree to be bound by these Terms of Service. If you do not agree to these terms, please do not use our Service.
2. Description of Service
Satisfice provides AI-powered business idea validation reports. Our Service analyzes your business ideas and provides feedback, market analysis, competition assessment, and recommendations. The Lumen Business Plan feature provides additional AI-assisted business planning.
3. User Responsibilities
You agree to:
- Provide accurate information when using our Service
- Use the Service only for lawful purposes
- Not attempt to reverse engineer, hack, or disrupt our Service
- Not use automated systems to access our Service without permission
- Not resell or redistribute our reports without authorization
4. Intellectual Property
Your Content: You retain ownership of the business ideas you submit. By submitting ideas, you grant us a license to process them for generating your report.
Our Content: The Satisfice platform, branding, AI analysis methodology, and report formats are our intellectual property. Reports generated for you are licensed for your personal and business use.
5. Payments and Refunds
- Pricing: Business Validation Reports are $5. Lumen Business Plans are $15. Prices may change with notice.
- Payment: All payments are processed securely through Stripe.
- Refunds: Due to the nature of AI-generated content, refunds are generally not provided once a report is generated. If you experience a technical issue preventing report delivery, contact us for assistance.
- Chargebacks: Fraudulent chargebacks may result in account termination.
6. Disclaimer of Warranties
THE SERVICE IS PROVIDED "AS IS" WITHOUT WARRANTIES OF ANY KIND. We do not guarantee:
- The accuracy, completeness, or reliability of AI-generated analysis
- That following our recommendations will result in business success
- That the Service will be uninterrupted or error-free
- The accuracy of market data, competition analysis, or financial projections
Our reports are for informational purposes only and should not be considered professional business, legal, or financial advice. Always consult qualified professionals before making business decisions.
7. Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY LAW, SATISFICE SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING LOST PROFITS, LOST REVENUE, OR BUSINESS OPPORTUNITIES, ARISING FROM YOUR USE OF THE SERVICE.
Our total liability for any claim arising from the Service shall not exceed the amount you paid for the specific report or service giving rise to the claim.
8. Indemnification
You agree to indemnify and hold harmless Satisfice, its owners, employees, and affiliates from any claims, damages, or expenses arising from your use of the Service, violation of these Terms, or infringement of any third-party rights.
9. Confidentiality
We treat your business ideas as confidential. However, you acknowledge that:
- Ideas are processed using third-party AI services
- We cannot guarantee absolute confidentiality
- Similar ideas may be independently submitted by other users
- Sharing your report link allows others to view your report
10. Termination
We reserve the right to suspend or terminate access to the Service at our discretion, including for violation of these Terms or suspected fraudulent activity. Upon termination, your right to use the Service ceases immediately.
11. Changes to Terms
We may modify these Terms at any time. Continued use of the Service after changes constitutes acceptance of the modified Terms. Material changes will be communicated through the Service or via email.
12. Governing Law
These Terms shall be governed by and construed in accordance with the laws of the State of Delaware, United States, without regard to conflict of law principles.
13. Contact
For questions about these Terms, please contact us at:
Email: hello@schmade.com