Engagement terms

What you're buying

A written diligence report on one company, prepared by Adam Yohanan for the investor named on the order. A Pre-Wire Screen gives a verdict, the top red flags and a go or no-go on deeper work. A Full Diligence adds the full report, the deal memo and a 20-minute debrief call. Add-ons extend the Full Diligence in the areas they name.

The report reflects my professional opinion on the evidence I could gather by the delivery date. It is research. It is not investment, legal, tax, accounting or valuation advice, and it is not a recommendation to buy or sell any security. Where one of those opinions is needed, the report says so.

Delivery

The clock starts when payment clears and I have the deck. A Screen is due within 48 hours, a Full Diligence within five business days, and each add-on adds the business days shown at checkout. A free first read delivers page one within 72 hours of my accepting it.

If I can't get into the data room or I'm waiting on documents you promised, the due date moves by the same amount of time, and I'll tell you when it does.

Payment and refunds

Orders are paid up front by card or US bank transfer through Stripe. Prices are fixed and published on olivent.vc/diligence. Your check size doesn't change them, and the company under review pays nothing.

If I decline an engagement after you've paid, for a conflict or any other reason, you get a full refund. Once the work has started, the fee isn't refundable.

Independence

Olivent Diligence is paid only by the investor who commissions the work.

No fee is ever received from the company under review, its founders, or its advisors.

No fee is ever contingent on whether an investment is made or on the size of it.

Olivent Diligence does not introduce investors to companies for compensation and does not solicit investors on behalf of any company.

Every memo discloses whether Olivent Venture Capital or Adam Yohanan has evaluated, invested in, or intends to invest in the company.

If Olivent wishes to invest alongside a client in a company it has diligenced for that client, the client is told in writing before Olivent commits.

The decision to invest is the client's. The memo is research, not a recommendation to buy or sell any security.

What this isn't

Not a broker, placement agent, or fundraising advisor. Never compensated by the company being reviewed, never compensated on whether money moves.

Not a legal, tax, or valuation opinion. Those are referred out; the memo says where they are needed.

Not a generalist consultancy. No strategy decks, no market studies without a deal attached.

Not investment advice. You make the decision; the memo is the research that informs it.

Your part

You confirm you're considering an investment in the company, that you aren't a founder, employee or advisor of it, and that you have the right to share the materials you send me. If the company gave you documents under an NDA, make sure it allows sharing them with an advisor.

Confidentiality

Both ways. I keep what you send me and the fact of the engagement confidential and use it only for your report. You keep the report for your own decision and your own advisors.

The report is prepared for you. Nobody else may rely on it, and I owe no duty to anyone you pass it to. Every copy you download is stamped with your name.

Ownership and liability

You own your copy of the report. I keep my working files and may reuse general knowledge of a sector, never your confidential information or the company's.

My total liability for an engagement is capped at the fees you paid for it. These terms are governed by the laws of the State of Texas.