Terms of Membership

1. Who we are

The Foundry is a members' club for founders. Members publish Offers and Asks, agree Builds with each other, close Loops, and earn Loop Hours. These terms govern your application, your membership, and your use of the Foundry's website and app (together, "the Service").

2. Membership and eligibility

Membership is by application and is personal to you. You must be at least 18, actively building a company, and truthful in your application — including your identity, your company, and what you can contribute.

We verify founders before admission and may decline or revoke membership where verification fails, where the contribution principles are broken, or where the balance of the exchange requires it. Team plans cover only the named, approved people on the plan.

3. Loop Hours are not money

Loop Hours are a measure of contribution between members. They have no cash value, are not a currency, deposit, or investment, cannot be bought from or sold to the Foundry or anyone else, and cannot be redeemed, transferred outside the Service, or inherited. The Foundry never takes a cut of Loop Hours.

Hours move between members only when both sides accept the work. We may adjust balances to correct errors or abuse.

4. The contribution principles

Membership depends on the four principles every member agrees to at application: contribute your first hour before using the Loop; keep what you see inside a Build confidential; agree a scope and flag changes early; and never use the Foundry to sell services, prospect, or raise from members.

Breaking the principles is grounds for suspension or removal without refund of membership fees.

5. Builds are between members

A Build is an agreement between two members, not with the Foundry. We provide matching, scheduling, note-taking, and the Build Agreement record, but we are not a party to the work, do not guarantee its quality or outcome, and are not liable for advice members give each other. Members remain responsible for their own professional, legal, and tax obligations.

Nothing shared in a Build is professional advice from the Foundry. Confidential material shared inside a Build stays inside the Build.

6. Fees and cancellation

Founding Members pay nothing during the pilot and the locked founding rate afterwards, for as long as membership continues. Other plans bill monthly in advance via Stripe. You can cancel any time in settings; membership runs to the end of the paid period. Fees are non-refundable except where the law requires otherwise.

7. Your content and our service

You keep ownership of what you post — your profile, Offers, Asks, and session materials. You grant the Foundry a licence to host and display that content to operate the Service (for example, showing your Offer on the Ask Wall and your reviews on your profile).

Reviews are collected automatically after Builds and must be honest. We may remove content that is unlawful, deceptive, or breaks the principles.

8. Calendar and meeting integrations

If you connect a calendar, we access it only to create and read Build-session events (including attaching a Google Meet link) and to honour the availability windows you choose. If you use Ember's note-taker, both members are told notes are being taken, and the summary is shared with both members only.

9. Ending membership; changes; liability

You may leave at any time. We may suspend or end membership for breach of these terms or the principles. On exit, unused Loop Hours lapse — they are a measure of standing in the club, not property.

We may update these terms and will give members reasonable notice of material changes. To the fullest extent permitted by law, the Foundry's total liability to you in any year is limited to the membership fees you paid in that year. Nothing limits liability that cannot lawfully be limited.

10. Contact

Questions about these terms: hello@thefoundry.club. These terms are governed by the laws of England and Wales, and disputes belong to the courts of England and Wales.