Las Olas Venture Capital Privacy Policy
This website is owned and operated by LOVC Management, LLC (“LOVC,” “Las Olas VC,” “Las Olas Venture Capital,” "we," "our," or "us"). LOVC is committed to safeguarding your privacy. We are a controller under the General Data Protection Regulation (“GDPR”) and we process Personal Information provided by you through your use of our websites. This Privacy Policy clarifies our approach to gathering, utilizing, storing, disseminating, and protecting your personal data and information (“Personal Data”). The policy applies to our website www.lasolasvc.com (the "Site”), as well as other online services we provide (collectively, “Internet Services”), and other interaction methods detailed herein.
By using our Internet Services, you consent to using your Personal Data following this Privacy Policy, where permitted by law.
What We Mean By Personal Information
For purposes of this Privacy Policy, “Personal Information” means any information from or about a person that either identifies that person directly or that makes that person identifiable when it is combined with other information from or about that person from any source.
How We Collect Personal Information
We collect Personal Information that you voluntarily provide to us, such as through forms you choose to submit to contact us to obtain more information about LOVC or through your use of our media and website. We may also collect Personal Information through the use of cookies on our website, and from third party providers, as detailed below and in our Cookie Policy
Las Olas Venture Capital also collects Personal Information about individuals in connection with due diligence we conduct when considering investment opportunities.
We collect Personal Information from individuals associated with our portfolio companies in connection with events we host (e.g., CEO Summits, Breakfasts, Panels, Speaker Events, or LOVC workshops). Personal Information is collected from individuals in connection with their roles as Khosla Ventures partners or as affiliated with LOVC portfolio companies.
In addition, in the ordinary operation of our business and as described below, we may collect Personal Information from portfolio companies regarding the shareholders of such companies, typically in the form of capitalization tables.
Notice of Information Collected About You
Categories of Information Collected in the Last 12 Months
We may collect the following categories of Personal Information:
(A) Identifiers such as your real name, home address, business address, unique personal identifier, online identifier, email address, telephone number, account name, social security number, driver’s license number, employer identification number, passport number, date of birth, or other similar identifiers.
- We collect this information in order to facilitate the operation of our website, to conduct our ongoing investment operations, consideration, and review, to refer for consideration candidates for employment to our portfolio companies, and to conduct due diligence and ongoing oversight with regard to prospective and our current portfolio companies.
- We may collect this information from you directly, from our portfolio companies, from talent search firms, directly from other public-facing or social networking platforms, or from third parties such as research and investigation services in connection with due diligence.
- We may share this information with our service providers, data analytics providers, government entities (where required by law), and commercial partners as necessary for the operation of our business.
(B) Characteristics of protected classifications under Florida or federal law, such as age, sex, race, national origin and citizenship status.
- Our current and prospective portfolio companies may supply us with this information as part of our ongoing due diligence surrounding our investments or potential investments, for considering additional investments, and in connection the overall operation of our business operations.
- We may receive this information about you directly from you or from our portfolio companies.
- We may share this information with our service providers and others as we consider our investments, new opportunities and as part of our business operations.
(C) Internet or other electronic network activity information, including information regarding a consumer’s interaction with an internet web site, application, or advertisement.
- We collect internet activity information in order to facilitate the operation of our Sites.
- We collect this information from you when you visit our sites.
- We may share this information with the service providers associated with the operation of our Sites, including with Google Analytics.
(D) Geolocation data.
- We collect internet activity information in order to facilitate the operation of our Sites.
- We collect this information from you when you visit our sites.
- We may share this information with the service providers associated with the operation of our Sites.
(E) Professional or employment-related information.
- We collect this information in order to facilitate your possible employment with Las Olas Venture Capital, or with one of our portfolio companies through LOVC's Talent Network.
- We may collect this information directly from you through your interaction with our “Contact Us” or "Connect" page, through your use of the LOVC site, or from public-facing third party sources.
- We may share this information with our service providers or with our portfolio companies.
Legal Basis for Our Processing of Your Personal Information
We rely on our legitimate business interests in maintaining business relationships and communicating about Las Olas Venture Capital’ business. For Personal Information collected via cookies, we rely on affirmative consent.
No Requirement to Submit Personal Information
You are not required to submit information to us through this website, however, if you visit our Site we may collect cookies after obtaining your consent.
Sharing Your Personal Information
We will not share your Personal Information with third parties except in the context of those third parties acting as data processors/service providers and as otherwise described in this Privacy Policy. The categories of third parties with whom we may share your Personal Information are detailed above, Notice of Information Collected About You. For example, we may use a customer relationship manager software platform to organize our business contacts, and your Personal Information may reside on that software. Where relevant, we will ensure that contractual safeguards are implemented with these third-party data processors to ensure the protection of your Personal Information.
Retaining Your Personal Information?
Your Personal Information will be retained for as long as you are a business contact to us, or longer as required by applicable law. Your Personal Information may be deleted when it is no longer relevant or when you withdraw consent (see below), again within the parameters of applicable law. You may unsubscribe at any time from communications from us, and we will cease sending you further communications.
Your Rights With Respect to Your Personal Information
You have the right to know what Personal Information we process about you and have the right to obtain specific information about such Personal Information and to request a copy of your Personal Information, free of charge. You are also entitled to correct or supplement inaccurate Personal Information without delay, unless the request is excessive or unfounded. You have the right to request that your Personal Information be deleted if it is no longer necessary for the purposes it was originally collected or processed, subject to applicable law. You have the right to restrict processing of your Personal Information in some circumstances, subject to any legal obligations of Las Olas Venture Capital. You have the right to receive your Personal Information in a machine-readable format and request a transfer of the Personal Information to another party responsible for data processing to the extent that the processing was carried out by automated means. You have the right to object to processing your Personal Information for marketing purposes and the right to opt out of such marketing. You also have the right to lodge a complaint with the relevant data protection authority.
Data Security for Personal Information
LOVC has implemented appropriate technical security measures to help protect your Personal Information against loss and to safeguard your Personal Information against access by unauthorized persons. We consider the protection of sensitive information to be a sound business practice, and to that end we employ physical, electronic and procedural safeguards to protect your Personal Information obtained through use on our Sites.
Updates to This Privacy Policy
This Privacy Policy was updated October 28, 2023. We may amend this Privacy Policy from time to time to reflect changes in our practices with respect to the processing of Personal Information or changes in applicable law.
Contact Information
If you have any questions about how we process your Personal Information, please contact us at media@lasolasvc.com.