Terms and conditions · Compounding

1. About these terms

These terms apply to anyone using compoundingtech.ai and to every business that takes a seat in a Compounding Circle. By applying for or accepting a seat, you agree to them on behalf of your business. Our privacy policy explains how we handle personal data and forms part of these terms.

Membership is offered to businesses. If you join as a sole trader or partnership, some consumer rights may still apply to you, and nothing in these terms takes away rights you have by law.

2. Who we are

"Compounding", "we", "us" and "our" mean Compounding Technologies, operated by Joao Alves. You can reach us at jalves@compoundingtech.ai. Our postal address is available on request.

"You" and "your" mean the business that holds a seat, and the person who takes that seat on its behalf. A "seat" is one person's membership of one circle.

3. Applying and joining

Membership is by application. Applying doesn't guarantee a seat, and we may decline an application without giving a reason.
If your application looks like a fit, we'll arrange a short call. We use it to match you to a circle by size, AI maturity and focus, and to check the seat rule.
The seat rule: we won't knowingly place you in a circle with a direct competitor. In practice that means one seat per sector per region. You must tell us honestly about your business so we can apply it.
Your membership starts when we confirm your seat in writing and you've paid the first invoice.
The person taking the seat must be 18 or over and a founder, owner, partner or senior leader of the business.

4. What membership includes

A seat includes, for the length of your membership:

a monthly online circle session, run with the AI P&L, the Exchange and the Masterclass
a quarterly benchmark report based on the Compounding Index, and a one-to-one strategy review
access to the masterclass library, templates and the members' channel
the programmes marked "for members" on our website, such as AI enablement, AI governance for executives and AI tool and provider vetting, as and when we run them

Programmes marked "on request", such as team hackathons and innovation programmes, are quoted and agreed separately. A second seat includes only what is listed for it on the pricing page.

We'll run sessions as described on this website, but we may change dates, times, hosts, masterclass leads, themes or platforms to keep the programme running well. We'll give reasonable notice of any change that matters. If we have to cancel a session, we'll reschedule it or provide the recording and materials.

Benchmarks depend on enough members taking part. Where a peer cohort is too small to show safely, we'll show a broader comparison instead.

5. Fees and payment

Fees are shown on our pricing page and confirmed in writing before you join. Founding prices are indicative until confirmed.
We invoice the business annually or quarterly, in advance. Invoices are due within 14 days. VAT is added where it applies.
Founding members keep their founding rate for as long as their membership continues without a break.
If an invoice is unpaid 14 days after its due date, we may pause access until it's paid. We'll tell you before we do.
We may change prices for new members at any time. For existing members, any change applies only from your next renewal, with at least 30 days' notice.

6. Length, renewal and cancellation

Membership runs for 12 months from your first circle session.
It renews for a further 12 months unless either of us gives written notice at least 30 days before the end of the current term. We'll remind you before renewal.
Before your first session: you can cancel by email and we'll refund what you've paid in full.
Within 14 days after your first session: if the circle isn't right for you, you can cancel by email and we'll refund the fee for the months you haven't used.
After that: fees for the current term aren't refundable. If you pay quarterly, your seat ends at the end of the quarter already paid for and no further invoices are raised.
You can hand your seat to a colleague of similar seniority in the same business, with our agreement.

7. Confidentiality and conduct

Circles only work if people can speak openly. As a member you agree to:

keep confidential anything another member shares in a session, in the members' channel or in their AI P&L, and only use it for your own business
follow the Chatham House rule: you can use what you hear, but never say who said it or which business it came from
not record, screenshot or transcribe sessions, other than the masterclass recordings we provide
not sell to, recruit from or pitch other members in sessions or the channel unless they've asked you to
treat everyone with respect, and share only information you're entitled to share. Never put your clients' personal data into your AI P&L or into a session

We, our hosts and our masterclass leads are bound by the same confidentiality. These duties continue after your membership ends.

8. Your data and the benchmarks

You own the information you share. You give us permission to use it to run your circle and to create anonymised, aggregated benchmarks for members, including the Compounding Index and the reports based on it. We only publish benchmark figures for groups large enough that no single business can be identified. We never sell your data, never share it with vendors and never publish it with your name on it. The privacy policy has the detail.

9. Independence and no advice

We're independent. We don't resell software, build or implement systems for members, or take commission or referral fees from vendors or implementers.

Circles, benchmarks, strategy reviews, masterclasses and vetting are there to inform your decisions. They aren't legal, financial, tax, regulatory or technical advice, and what worked in another member's business may not work in yours. You stay responsible for the decisions you make, the tools you choose and how your business uses AI. Contributions from other members are their own views, not ours.

10. Intellectual property

Our materials, including session content, recordings, templates, playbooks, reports, the AI P&L template and the Compounding Index method, belong to us or our licensors. During your membership you may use them inside your own business, including sharing them with your own staff. You may not resell, publish or pass them to anyone outside your business. Anything you create yourself stays yours.

11. Liability

Nothing in these terms limits liability for death or personal injury caused by negligence, for fraud, or for anything else that can't be limited by law.
We aren't liable for indirect or consequential loss, or for loss of profit, revenue, business, data or goodwill.
We aren't liable for the actions or advice of other members, or for third-party tools or providers you choose, including any we've discussed or vetted.
Otherwise, our total liability to you in any 12-month period is limited to the membership fees you've paid us in that period.

12. Suspension and ending membership

We may suspend or end a seat, after telling you why, if you seriously or repeatedly breach these terms, particularly the confidentiality and conduct rules, or if you become a direct competitor of another member in a way the seat rule can't resolve. If we end a seat because of your breach, fees already paid aren't refunded. If we end a seat for any other reason, or stop running your circle, we'll refund the fee for the unused part of your term or offer you a place in another circle.

13. Using this website

The content on this website, including the AI maturity test, is general information. The test runs in your browser and isn't an audit.
Examples on this website labelled "illustrative" are not real member data.
Don't misuse the site: no attempts to break, overload or scrape it, and no unlawful use.
Links to other sites, such as our application form, are provided for convenience. Those sites have their own terms.

14. Changes

We may update these terms from time to time. We'll post the new version here with a new date, and tell members by email at least 30 days before a material change affects them. If you don't accept a material change, you can end your membership before it takes effect and we'll refund the unused part of your fee.

15. General

These terms, your written confirmation of seat and our privacy policy are the whole agreement between us about membership.
You can't transfer your membership to another business without our agreement. We may transfer our rights to a business that takes over Compounding, and we'll tell you if we do.
If any part of these terms is found unenforceable, the rest still applies. If we don't enforce a right straight away, we can still enforce it later.
No one else has rights under these terms.
These terms are governed by the law of England and Wales, and the courts of England and Wales have jurisdiction.

16. Contact

Questions about these terms, or want to cancel? Email jalves@compoundingtech.ai.

Terms and conditions.