Terms of Service

Last updated: September 2025

Welcome to Closed Deals. These Terms of Service (“Terms”) govern your access to and use of our newsletter, community chat, website, and related services (collectively, the “Service”). By subscribing, accessing, or using the Service, you agree to these Terms. If you do not agree, please do not use the Service.

1. Subscription and Access

Closed Deals is a paid subscription newsletter. Some content may be available for free, but full access — including all daily lessons and the community chat — requires an active subscription.

Your subscription grants you personal, non-transferable access to the Service. You may not share your account, redistribute paid content, or provide unauthorized access to the community chat without permission.

We reserve the right to change subscription pricing or features with prior notice.

2. Payments and Billing

Subscriptions are billed through the platform provider (Substack). By subscribing, you authorize recurring billing according to your chosen plan.

You may cancel your subscription at any time. Cancellations take effect at the end of the current billing period; we do not provide refunds for partial periods.

3. Content and Use of Information

The Service provides educational material, lessons, exercises, and commentary related to finance, M&A, and interview preparation. While we strive for accuracy, we do not guarantee completeness or correctness of any information.

All content is provided for informational and educational purposes only. It does not constitute financial, legal, tax, or investment advice. You should not rely on the Service as a substitute for independent research, professional judgment, or preparation tailored to your own situation.

Redistribution, resale, or commercial use of our content without written permission is prohibited.

4. Intellectual Property

All original content, branding, and design elements of Closed Deals are the property of the publisher and are protected by copyright and other laws.

You may quote or share brief excerpts for non-commercial purposes, provided you credit Closed Deals and link back to the source.

5. Community Chat Conduct

If you participate in the Closed Deals community chat, you agree to:

• Be respectful and professional toward other members.

• Keep discussions relevant to finance, preparation, and the topics covered in the Service.

• Not share spam, abusive language, or inappropriate content.

We reserve the right to remove any messages or suspend/terminate your access to the chat if these rules are violated.

6. Limitation of Liability

Closed Deals and its contributors are not liable for any losses, damages, or decisions made based on the information provided. Use of the Service is at your own risk.

7. Changes to the Terms

We may update these Terms from time to time. Updated Terms will be posted on this page with a new “Last updated” date. Continued use of the Service after changes means you accept the revised Terms.

8. Contact

If you have any questions about these Terms, you can reach us via the Substack platform.