LOVC
Privacy Policy

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 ourCookie 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.

CALIFORNIA PRIVACY NOTICE

This California Privacy Notice ("Notice") supplements the Privacy Policy for Las Olas Venture Capital (LOVC) and is specifically directed to California residents. This Notice details how LOVC collects, uses, and shares your Personal Information and outlines your rights under the California Consumer Privacy Act ("CCPA").

For the purposes of this Notice, "Personal Information" refers to information that identifies, relates to, is capable of being associated with, or could be linked, directly or indirectly, with California residents. It excludes aggregated data or information that cannot be reasonably linked to an individual.

Collection, Use, and Sharing of Personal Information

LOVC obtains Personal Information through various means, including (i) our website, (ii) participation in our Talent Network or Talent Referral Program, and (iii) interactions with our firm in other contexts. We strictly adhere to the principle of not selling any Personal Information.

Categories of Personal Information we may have collected in the preceding 12 months, depending on your interactions, include:

  1. Identifiers: Name, email address, company affiliation, and job title.
  2. Internet Activity: Cookies, web server logs, and other digital tracking data.

The purposes for collecting this information are to:

  • Communicate with and respond to requests from you.
  • Connect individuals with suitable employment opportunities.
  • Engage in marketing initiatives.
  • Conduct surveys or assessments.
  • Enhance our service offerings.
  • Promote website functionality.
  • Ensure system and data security.
  • Comply with applicable laws.

Your Personal Information may be shared with:

  • Third-party service providers acting on our behalf.
  • Potential employers in connection with the Talent Network or Talent Referral Program.
  • Legal entities, as required by law.

Sources of Personal Information

We collect Personal Information directly from you through your devices, referrals, our portfolio companies, service providers, and publicly available databases.

Your CCPA Rights

As a California resident, the CCPA grants you rights to:

  • Right to Know: Request disclosure of the Personal Information collected about you.
  • Right to Deletion: Request deletion of your Personal Information.
  • Right to Non-Discrimination: Receive equal service even if you exercise your privacy rights.

To exercise these rights, contact us at media@lasolasvc.com. We will verify your identity for your security before proceeding with your request. Verification may require a governmental ID or other proof of residence.

An authorized agent can make requests on your behalf, provided they have your written permission, and their identity must be verified.

CCPA Exemptions

Certain information is exempt from CCPA requests, including data governed by federal financial laws, medical information, and employment-related information collected in specific contexts.

Further Assistance

Should you have additional inquiries regarding our handling of Personal Information, please reach out to media@lasolasvc.com. 

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