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TERMS OF SERVICE

Last Updated: July 18th, 2025
IMPORTANT: PLEASE READ THESE TERMS OF SERVICE CAREFULLY BEFORE USING OUR SERVICES. BY ACCESSING OR USING OUR SERVICES, YOU AGREE TO BE LEGALLY BOUND BY THESE TERMS. IF YOU DO NOT AGREE TO THESE TERMS, YOU ARE NOT AUTHORIZED TO ACCESS OR USE OUR SERVICES.
These Terms of Service ("Terms") constitute a legally binding agreement between you and Formation Labs Inc., a Delaware corporation ("Formation," "Company," "we," "us," or "our"), governing your access to and use of our websites, mobile applications, online platforms, and related services (collectively, the "Services").
1. ACCEPTANCE OF TERMS AND ELIGIBILITY
1.1 Acceptance
By accessing, browsing, or using our Services, you acknowledge that you have read, understood, and agree to be bound by these Terms and all applicable laws and regulations. Your use of the Services constitutes acceptance of these Terms.
1.2 Authority and Capacity
You represent and warrant that: (a) you have full legal capacity and authority to enter into these Terms; (b) if you are accepting these Terms on behalf of an organization, you have the legal authority to bind such organization; and (c) your use of the Services will comply with all applicable local, state, national, and international laws and regulations.
1.3 Additional Terms
Certain features of our Services may be subject to additional terms, guidelines, or rules, which will be posted in connection with such features. All such additional terms are incorporated by reference into these Terms.
1.4 Separate Agreements
If you have entered into a separate written agreement with Formation (such as an enterprise agreement, training agreement, employment agreement, or other service-specific contract), the terms of that separate agreement will prevail over these Terms to the extent of any direct conflict. These Terms will continue to apply to all matters not specifically addressed in such separate agreement.
2. MODIFICATIONS TO TERMS
2.1 Right to Modify
We reserve the right to modify these Terms at any time in our sole discretion. We will provide notice of material changes by posting the updated Terms and changing the "Effective Date" above, sending you an email, or providing notice through the Services.
2.2 Effect of Modifications
Unless we specify otherwise, modifications will be effective immediately upon posting. Your continued use of the Services following any modification constitutes your acceptance of the modified Terms. If you do not agree to any modification, your sole remedy is to discontinue use of the Services.
3. INTELLECTUAL PROPERTY RIGHTS
3.1 Ownership
The Services and all content, features, and functionality thereof, including but not limited to all information, software, code, text, displays, graphics, photographs, video, audio, design, presentation, selection, and arrangement, are owned by Formation, our licensors, or other providers of such material and are protected by United States and international copyright, trademark, patent, trade secret, and other intellectual property or proprietary rights laws.
3.2 Trademarks
The Formation name, the Formation logo, and all related names, logos, product and service names, designs, and slogans are trademarks of Formation or our affiliates or licensors. You must not use such marks without our prior written permission. All other names, logos, product and service names, designs, and slogans on the Services are the trademarks of their respective owners.
3.3 Limited License Grant
Subject to your compliance with these Terms, we grant you a limited, non-exclusive, non-transferable, non-sublicensable, revocable license to access and use the Services solely for your personal, non-commercial purposes. This license does not include any right to: (a) resell or make any commercial use of the Services; (b) modify, adapt, translate, reverse engineer, decompile, disassemble, or create derivative works based on the Services; (c) use any data mining, robots, or similar data gathering or extraction methods; (d) download (other than page caching) any portion of the Services except as expressly permitted by us; or (e) use the Services other than for their intended purpose.
3.4 Reservation of Rights
Except for the limited license granted above, we retain all right, title, and interest in and to the Services. No licenses or rights are granted to you by implication or otherwise under any intellectual property rights owned or controlled by Formation or our licensors, except for the licenses and rights expressly granted in these Terms.
4. USER CONTENT
4.1 Definition
"User Content" means any content that you create, submit, post, display, or otherwise make available through the Services, including but not limited to text, comments, messages, information, data, graphics, photographs, videos, audio clips, screen recordings, session recordings where you participate, and any other materials.
4.2 License Grant to Formation
By submitting User Content to the Services, you grant Formation a worldwide, non-exclusive, royalty-free, sublicensable, and transferable license to use, reproduce, distribute, prepare derivative works of, display, perform, and otherwise exploit such User Content in connection with the Services and Formation's business, including without limitation for promoting and redistributing part or all of the Services (and derivative works thereof) in any media formats and through any media channels.
4.3 Representations and Warranties
You represent and warrant that: (a) you own or have the necessary licenses, rights, consents, and permissions to grant the foregoing license; (b) your User Content does not and will not violate, misappropriate, or infringe upon any third party's copyright, trademark, trade secret, privacy right, or other proprietary or intellectual property right; (c) your User Content does not contain any viruses, adware, spyware, worms, or other malicious code; and (d) your User Content does not violate these Terms or applicable law.
4.4 Monitoring and Removal
We have no obligation to monitor User Content. However, we reserve the right to: (a) remove or refuse to post any User Content for any or no reason in our sole discretion; (b) take any action with respect to any User Content that we deem necessary or appropriate in our sole discretion; and (c) disclose your identity or other information about you to any third party who claims that User Content posted by you violates their rights.
4.5 Session Recordings
When you participate in any live sessions, meetings, mentoring sessions, or interactive features of our Services that display a recording indicator, you acknowledge and agree that: (a) such sessions may be recorded in audio and/or video format, including screen sharing content; (b) these recordings become part of User Content and are subject to the license grant in Section 4.2; (c) Formation may use these recordings for quality assurance, training, product improvement, and other internal business purposes; (d) you will not record sessions unless explicitly permitted; and (e) you are responsible for obtaining any necessary consents from third parties who may appear in your background or screen shares.
5. PROHIBITED CONDUCT
5.1 General Prohibitions
In connection with your use of the Services, you shall not:
5.2 Content-Related Prohibitions
You shall not post, upload, or distribute User Content that:
5.3 Technical Restrictions
You shall not:
6. THIRD-PARTY CONTENT AND SERVICES
6.1 Third-Party Content
The Services may contain links to third-party websites, resources, content, products, or services ("Third-Party Content"). We provide such Third-Party Content only as a convenience and do not review, approve, monitor, endorse, warrant, or make any representations with respect to Third-Party Content.
6.2 No Liability
You acknowledge and agree that: (a) we are not responsible for the availability or accuracy of Third-Party Content; (b) we have no liability to you or any third party for any harm, injuries, or losses suffered as a result of your access to or use of Third-Party Content; and (c) your use of Third-Party Content is at your own risk and subject to the terms and conditions of use applicable to such Third-Party Content.
7. FEEDBACK
7.1 Submission
You may choose to submit comments, suggestions, ideas, questions, or other feedback about the Services (collectively, "Feedback").
7.2 License and Ownership
By submitting Feedback, you grant to Formation a worldwide, perpetual, irrevocable, royalty-free, fully paid, sublicensable, and transferable license to use, reproduce, distribute, modify, adapt, prepare derivative works of, display, perform, and otherwise exploit such Feedback for any purpose. You acknowledge that Formation may develop products, services, or features that are similar to your Feedback, and you waive any claims related thereto.
8. COPYRIGHT POLICY
8.1 DMCA Compliance
We respect the intellectual property rights of others and expect users of the Services to do the same. We will respond to notices of alleged copyright infringement that comply with the Digital Millennium Copyright Act ("DMCA") and other applicable law.
8.2 Notification Procedures
If you believe that your copyrighted work has been copied in a way that constitutes copyright infringement, please provide our designated copyright agent with the information specified by the DMCA at: dpo@formation.dev
8.3 Repeat Infringer Policy
In accordance with the DMCA and other applicable law, we have adopted a policy of terminating, in appropriate circumstances and at our sole discretion, users who are deemed to be repeat infringers.
9. MENTOR SERVICES
9.1 Independent Contractor Status
Mentors providing services through our platform are independent contractors and not employees of Formation. We are not responsible for and expressly disclaim all liability for the acts, omissions, or conduct of any mentor.
9.2 Direct Relationship
Your engagement with mentors creates a direct relationship between you and the mentor. Any disputes arising from mentor services must be resolved directly with the mentor.
9.3 Mentor Supplement
Mentors are subject to additional terms set forth in the Mentor Supplement to these Terms, below, or by contacting dpo@formation.dev.
10. DISCLAIMERS
10.1 "AS IS" BASIS
THE SERVICES ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS, WITHOUT ANY WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. NEITHER FORMATION NOR ANY PERSON ASSOCIATED WITH FORMATION MAKES ANY WARRANTY OR REPRESENTATION WITH RESPECT TO THE COMPLETENESS, SECURITY, RELIABILITY, QUALITY, ACCURACY, OR AVAILABILITY OF THE SERVICES.
10.2 NO WARRANTIES
WITHOUT LIMITING THE FOREGOING, NEITHER FORMATION NOR ANYONE ASSOCIATED WITH FORMATION REPRESENTS OR WARRANTS THAT THE SERVICES, THEIR CONTENT, OR ANY SERVICES OR ITEMS OBTAINED THROUGH THE SERVICES WILL BE ACCURATE, RELIABLE, ERROR-FREE, OR UNINTERRUPTED, THAT DEFECTS WILL BE CORRECTED, THAT THE SERVICES OR THE SERVER THAT MAKES THEM AVAILABLE ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS, OR THAT THE SERVICES OR ANY SERVICES OR ITEMS OBTAINED THROUGH THE SERVICES WILL OTHERWISE MEET YOUR NEEDS OR EXPECTATIONS.
10.3 DISCLAIMER OF WARRANTIES
TO THE FULLEST EXTENT PROVIDED BY LAW, FORMATION HEREBY DISCLAIMS ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, STATUTORY, OR OTHERWISE, INCLUDING BUT NOT LIMITED TO ANY WARRANTIES OF MERCHANTABILITY, NON-INFRINGEMENT, AND FITNESS FOR PARTICULAR PURPOSE.
10.4 JURISDICTIONAL LIMITATIONS
THE FOREGOING DOES NOT AFFECT ANY WARRANTIES THAT CANNOT BE EXCLUDED OR LIMITED UNDER APPLICABLE LAW.
11. LIMITATION OF LIABILITY
11.1 NO INDIRECT DAMAGES
TO THE FULLEST EXTENT PROVIDED BY LAW, IN NO EVENT WILL FORMATION, ITS AFFILIATES, OR THEIR LICENSORS, SERVICE PROVIDERS, EMPLOYEES, AGENTS, OFFICERS, OR DIRECTORS BE LIABLE FOR DAMAGES OF ANY KIND, UNDER ANY LEGAL THEORY, ARISING OUT OF OR IN CONNECTION WITH YOUR USE, OR INABILITY TO USE, THE SERVICES, ANY WEBSITES LINKED TO THEM, ANY CONTENT ON THE SERVICES OR SUCH OTHER WEBSITES, INCLUDING ANY DIRECT, INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO, PERSONAL INJURY, PAIN AND SUFFERING, EMOTIONAL DISTRESS, LOSS OF REVENUE, LOSS OF PROFITS, LOSS OF BUSINESS OR ANTICIPATED SAVINGS, LOSS OF USE, LOSS OF GOODWILL, LOSS OF DATA, AND WHETHER CAUSED BY TORT (INCLUDING NEGLIGENCE), BREACH OF CONTRACT, OR OTHERWISE, EVEN IF FORESEEABLE.
11.2 CAP ON LIABILITY
IN NO EVENT WILL FORMATION'S TOTAL LIABILITY ARISING OUT OF OR IN CONNECTION WITH THESE TERMS OR FROM THE USE OF OR INABILITY TO USE THE SERVICES EXCEED THE AMOUNTS YOU HAVE PAID TO FORMATION FOR USE OF THE SERVICES OR ONE HUNDRED DOLLARS ($100), IF YOU HAVE NOT HAD ANY PAYMENT OBLIGATIONS TO FORMATION, AS APPLICABLE.
11.3 JURISDICTIONAL LIMITATIONS
THE LIMITATIONS AND DISCLAIMERS IN THIS SECTION DO NOT PURPORT TO LIMIT LIABILITY OR ALTER YOUR RIGHTS AS A CONSUMER THAT CANNOT BE EXCLUDED OR LIMITED UNDER APPLICABLE LAW.
12. INDEMNIFICATION
12.1 Your Indemnification Obligations
You agree to defend, indemnify, and hold harmless Formation, its affiliates, licensors, and service providers, and its and their respective officers, directors, employees, contractors, agents, licensors, suppliers, successors, and assigns from and against any claims, liabilities, damages, judgments, awards, losses, costs, expenses, or fees (including reasonable attorneys' fees) arising out of or relating to: (a) your violation of these Terms; (b) your use of the Services; (c) your User Content; (d) your violation of any rights of another, including intellectual property rights; or (e) any overt harmful act toward any other user of the Services with whom you connected via the Services.
12.2 Procedures
Formation reserves the right to assume exclusive control of the defense and settlement of any matter subject to indemnification by you, at your expense. You agree to cooperate with our defense of such claims.
13. EQUITABLE RELIEF
You acknowledge and agree that a breach or threatened breach by you of any of your obligations under these Terms would cause Formation irreparable harm for which monetary damages would not be an adequate remedy and that, in the event of such breach or threatened breach, Formation will be entitled to equitable relief, including a restraining order, an injunction, specific performance, and any other relief that may be available from any court of competent jurisdiction, without any requirement to post a bond or other security, and without any requirement to prove actual damages or that monetary damages are not an adequate remedy.
14. TERM AND TERMINATION
14.1 Term
These Terms will remain in full force and effect while you use the Services.
14.2 Termination by You
You may terminate your use of the Services at any time.
14.3 Termination by Formation
We may terminate or suspend your access to all or part of the Services, without prior notice or liability, for any reason or no reason, including without limitation if you breach any of the terms or conditions of these Terms.
14.4 Effect of Termination
Upon termination, your right to use the Services will immediately cease. All provisions of these Terms that by their nature should survive termination shall survive termination, including, without limitation, ownership provisions, warranty disclaimers, indemnity, and limitations of liability.
15. GOVERNING LAW AND DISPUTE RESOLUTION
15.1 Governing Law
These Terms and any dispute or claim arising out of or related to these Terms, their subject matter, or their formation (in each case, including non-contractual disputes or claims) shall be governed by and construed in accordance with the internal laws of the State of California without giving effect to any choice or conflict of law provision or rule.
15.2 Jurisdiction and Venue
Any legal suit, action, or proceeding arising out of or related to these Terms or the Services shall be instituted exclusively in the federal courts of the United States or the courts of the State of California, in each case located in San Francisco County. You waive any and all objections to the exercise of jurisdiction over you by such courts and to venue in such courts.
15.3 Waiver of Jury Trial
YOU AND FORMATION HEREBY IRREVOCABLY WAIVE ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATED TO THESE TERMS OR THE USE OF THE SERVICES.
16. GENERAL PROVISIONS
16.1 Entire Agreement
These Terms, together with any other agreements expressly incorporated by reference herein, constitute the entire and exclusive understanding and agreement between Formation and you regarding the Services, and these Terms supersede and replace all prior oral or written understandings or agreements between Formation and you regarding the Services. If you have entered into a separate written agreement with Formation for specific services, training, coaching, mentoring, advising, employment, or other arrangements, and there is a direct conflict between these Terms and that separate agreement, the provisions of the separate written agreement shall govern and control solely with respect to the specific subject matter of that agreement. Any provisions in these Terms that do not directly conflict with the separate agreement shall remain in full force and effect.
16.2 Assignment
You may not assign or transfer these Terms, by operation of law or otherwise, without Formation's prior written consent. Any attempt by you to assign or transfer these Terms without such consent will be null and void. Formation may freely assign or transfer these Terms without restriction. Subject to the foregoing, these Terms will bind and inure to the benefit of the parties, their successors, and permitted assigns.
16.3 Severability
If any provision of these Terms is held by a court of competent jurisdiction to be invalid, illegal, or unenforceable for any reason, such provision shall be eliminated or limited to the minimum extent such that the remaining provisions of these Terms will continue in full force and effect.
16.4 Waiver
No waiver by Formation of any term or condition set out in these Terms shall be deemed a further or continuing waiver of such term or condition or a waiver of any other term or condition, and any failure of Formation to assert a right or provision under these Terms shall not constitute a waiver of such right or provision.
16.5 Force Majeure
Formation shall not be liable for any delay or failure to perform resulting from causes outside its reasonable control, including but not limited to acts of God, war, terrorism, riots, embargoes, acts of civil or military authorities, fire, floods, accidents, strikes, or shortages of transportation facilities, fuel, energy, labor, or materials.
16.6 Notices
All notices, requests, consents, claims, demands, waivers, and other communications hereunder shall be in writing and addressed to the parties as follows:
To Formation: Formation Labs Inc., 530 Sanchez St, San Francisco, CA, 94114, USA Email: dpo@formation.dev
To You: The email address associated with your account
16.7 Electronic Communications
You consent to receive electronic communications from us, and you agree that all agreements, notices, disclosures, and other communications we provide electronically satisfy any legal requirement that such communications be in writing.
17. CONTACT INFORMATION
For questions about these Terms, please contact us at: dpo@formation.dev

MENTOR SUPPLEMENT TO TERMS OF SERVICE

Last Updated: July 18th, 2025
This Mentor Supplement to Terms of Service ("Supplement") governs the relationship between Formation Labs Inc. ("Formation") and individuals providing mentoring services through Formation's platform ("Mentor" or "you"). This Supplement is incorporated into and forms part of Formation's Terms of Service.
1. INDEPENDENT CONTRACTOR RELATIONSHIP
1.1 Classification
You acknowledge and agree that you are an independent contractor and not an employee, agent, partner, or joint venturer of Formation. Nothing in this Supplement shall be construed to create an employer-employee relationship between you and Formation.
1.2 No Employment Benefits
As an independent contractor, you are not entitled to any employee benefits from Formation, including but not limited to health insurance, paid time off, retirement benefits, workers' compensation, unemployment insurance, or any other employee benefits.
1.3 Control and Discretion
You retain full control over the manner and means of performing services, subject only to the general guidelines and quality standards set forth herein. You have the right to: (a) determine your own schedule and availability; (b) accept or decline any mentoring opportunity; (c) provide services to other clients; and (d) terminate this relationship at any time.
2. PROFESSIONAL STANDARDS AND OBLIGATIONS
2.1 Standards of Service
You agree to:
2.2 Prohibited Conduct
You shall not:
2.3 Background Verification
You consent to and will cooperate with any background checks, reference checks, or verification procedures that Formation may require.
3. COMPENSATION AND PAYMENT
3.1 Payment Terms
3.2 Tax Obligations
You acknowledge and agree that:
3.3 No Guaranteed Compensation
Formation makes no representations or guarantees regarding: (a) minimum compensation amounts; (b) number of available mentoring opportunities; or (c) consistency of earning opportunities.
4. INTELLECTUAL PROPERTY
4.1 Work Product Ownership
All work product, materials, content, or deliverables created by you in connection with providing services through Formation's platform shall be the sole and exclusive property of Formation. You hereby assign all right, title, and interest in such work product to Formation. This includes all session recordings where you appear as a mentor, which shall be Formation's exclusive property for quality assurance, training, and service improvement purposes.
4.2 License to Use Mentor Content
You grant Formation a worldwide, perpetual, irrevocable, royalty-free, sublicensable license to use, reproduce, modify, distribute, and display your name, image, biographical information, and any content you provide in connection with the promotion of Formation's services.
4.3 Formation's Intellectual Property
You acknowledge that Formation's platform, materials, and all associated intellectual property are the exclusive property of Formation. You shall not copy, modify, distribute, or create derivative works based on Formation's intellectual property.
5. LIABILITY AND INSURANCE
5.1 Your Liability
You acknowledge and agree that you are solely responsible and liable for:
5.2 Direct Claims
You acknowledge that users may pursue claims directly against you for any issues arising from your services, and Formation shall have no liability for such claims.
5.3 Insurance Requirements
You agree to maintain, at your own expense, appropriate professional liability insurance.
6. INDEMNIFICATION
6.1 Your Indemnification
You agree to defend, indemnify, and hold harmless Formation, its affiliates, and their respective officers, directors, employees, and agents from and against any and all claims, damages, losses, costs, and expenses (including reasonable attorneys' fees) arising from or related to:
6.2 Procedures
The indemnification procedures set forth in Formation's Terms of Service shall apply to this indemnification provision.
7. CONFIDENTIALITY
7.1 Confidential Information
You agree to maintain the strict confidentiality of all confidential information, including but not limited to:
7.2 Obligations
You shall: (a) use confidential information solely for providing services through Formation; (b) protect confidential information using the same degree of care you use for your own confidential information, but no less than reasonable care; and (c) not disclose confidential information to any third party.
7.3 Survival
Your confidentiality obligations shall survive termination of this Supplement for a period of five (5) years.
8. TERM AND TERMINATION
8.1 Term
This Supplement shall remain in effect until terminated by either party.
8.2 Termination
Either party may terminate this relationship at any time, with or without cause, upon written notice to the other party.
8.3 Obligations Upon Termination
Upon termination, you shall:
8.4 Survival
Sections 4, 5, 6, 7, and 9 shall survive termination of this Supplement.
9. DISPUTE RESOLUTION
9.1 Disputes with Users
Any disputes arising between you and users must be resolved directly between you and the user. Formation may facilitate communication but assumes no responsibility for resolution or outcomes.
9.2 Disputes with Formation
Any disputes between you and Formation shall be resolved in accordance with the dispute resolution provisions in Formation's Terms of Service.
10. COMPLIANCE AND REPRESENTATIONS
10.1 Legal Compliance
You represent and warrant that:
10.2 Ongoing Obligations
You agree to immediately notify Formation of any change in your legal status, professional licenses, or ability to perform services.
11. MISCELLANEOUS
11.1 Relationship of the Parties
Nothing in this Supplement creates a partnership, joint venture, agency, or employment relationship between you and Formation.
11.2 Amendments
Formation may modify this Supplement upon thirty (30) days' written notice. Your continued provision of services after such notice constitutes acceptance of the modifications.
11.3 Integration
This Supplement, together with Formation's Terms of Service, constitutes the entire agreement between you and Formation regarding your provision of mentoring services.
11.4 Governing Law
This Supplement shall be governed by the laws specified in Formation's Terms of Service.
12. ACKNOWLEDGMENT
By providing services through Formation's platform, you acknowledge that you have read, understood, and agree to be bound by this Supplement and Formation's Terms of Service.
For questions regarding this Supplement, contact: dpo@formation.dev

PRIVACY POLICY

Last Updated: July 18th, 2025
Formation Labs Inc., a Delaware corporation ("Formation," "Company," "we," "us," or "our"), is committed to protecting your privacy. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our websites (buildschool.io, formation.dev), mobile applications, products, and services (collectively, the "Services"), or otherwise interact with us.
By accessing or using our Services, you acknowledge that you have read, understood, and agree to be bound by this Privacy Policy. If you do not agree with this Privacy Policy, you must not access or use our Services.
1. CHANGES TO THIS PRIVACY POLICY
We reserve the right to modify this Privacy Policy at any time. If we make material changes, we will notify you by updating the "Effective Date" above and, in some cases, provide additional notice (such as adding a statement to our homepage or sending an email notification). Your continued use of our Services following the posting of changes constitutes your acceptance of such changes.
If you have entered into a separate written agreement with Formation that includes privacy or data protection provisions, those provisions will take precedence over this Privacy Policy to the extent of any direct conflict. This Privacy Policy will continue to apply to all matters not specifically addressed in such separate agreement.
2. INFORMATION WE COLLECT
2.1 Information You Provide Directly
We collect information you voluntarily provide when you:Types of information collected include:
2.2 Information Collected Automatically
When you use our Services, we automatically collect:
a) Usage Data:b) Technical Data:c) Cookie Data:

We use cookies and similar tracking technologies to collect information about your browsing activities. See Section 7 for details about cookies and your choices.

2.3 Information from Third Parties
We may receive information about you from:
2.4 Session Recordings
When you participate in sessions with recording indicators displayed, we collect:You will always be notified when recording is active through visible indicators. By participating in a recorded session, you consent to the recording and our use of it as described in this Privacy Policy.
3. HOW WE USE YOUR INFORMATION
3.1 Primary Purposes
We use collected information to:
3.2 Additional Uses
We may also use your information to:
3.3 Legal Bases for Processing
We process your information based on:
3.4 Contractual Processing
If you have a separate written agreement with Formation that specifies different or additional uses of your information, we may also process your information in accordance with that agreement. Such contractual provisions supersede conflicting provisions in this Privacy Policy.
4. HOW WE SHARE YOUR INFORMATION
4.1 Service Providers
We share information with third-party vendors who perform services on our behalf, including:These providers are contractually obligated to protect your information and use it only for specified purposes.
4.2 Business Transfers
If we are involved in a merger, acquisition, reorganization, or sale of assets, your information may be transferred as part of that transaction. We will notify you of any change in ownership or control.
4.3 Legal Requirements
We may disclose your information when required to:
4.4 Third-Party Applications
When you connect third-party applications to our Services, those applications may access:We are not responsible for third-party privacy practices. Review their privacy policies before connecting.
4.5 Aggregated and De-identified Data
We may share aggregated or de-identified information that cannot reasonably identify you for any purpose, including research, analysis, and marketing.
4.6 Consent
We may share your information in other circumstances with your explicit consent.
5. DATA RETENTION
5.1 Retention Periods
We retain your information for as long as necessary to:
5.2 Deletion
When retention is no longer necessary, we will securely delete or anonymize your information. Some information may be retained in backup systems for a limited period.
6. DATA SECURITY
6.1 Security Measures
We implement appropriate technical and organizational measures to protect your information, including:
6.2 Your Responsibilities
You are responsible for:
6.3 Breach Notification
If we become aware of a data breach that may compromise your personal information, we will notify affected users within 72 hours via email and take appropriate remedial measures.
6.4 Limitations
While we strive to protect your information, no security system is impenetrable. We cannot guarantee absolute security of your information.
7. COOKIES AND TRACKING TECHNOLOGIES
7.1 Types of Cookies
We use:
7.2 Third-Party Cookies
Third parties may place cookies when you use our Services. We do not control these cookies and encourage you to review third-party privacy policies.
7.3 Your Cookie Choices
Most browsers allow you to:Disabling cookies may limit Service functionality.
8. YOUR PRIVACY RIGHTS
8.1 Correction and Deletion
You may:
8.2 Marketing Communications
You can opt out of marketing emails by:You will continue to receive transactional and service-related communications.
8.3 Do Not Track
We do not currently respond to Do Not Track browser signals. However, you can manage tracking through cookie settings and third-party opt-out mechanisms.
8.4 Exercising Your Rights
To exercise any privacy rights, contact us at dpo@formation.dev. We will respond to requests within 30 days.
9. INTERNATIONAL DATA TRANSFERS
9.1 Cross-Border Transfers
Your information may be transferred to and processed in countries other than your country of residence, including the United States. These countries may have different data protection laws.
9.2 Transfer Safeguards
We implement appropriate safeguards for international transfers, including:
9.3 Your Consent
By using our Services, you consent to the transfer and processing of your information internationally.
10. CHILDREN'S PRIVACY
10.1 Age Restrictions
Our Services are not intended for children under 13 years of age. We do not knowingly collect personal information from children under 13.
10.2 Parental Rights
If we learn we have collected information from a child under 13, we will:If you believe we have information from a child under 13, contact us immediately at dpo@formation.dev.
11. THIRD-PARTY LINKS AND SERVICES
11.1 External Links
Our Services may contain links to third-party websites. We are not responsible for their privacy practices or content.
11.2 Third-Party Features
Some Services incorporate third-party features (e.g., social media widgets). These features may collect your information and are governed by the third party's privacy policy.
12. UPDATES TO YOUR INFORMATION
12.1 Account Management
You can update your information by:
12.2 Accuracy
You are responsible for ensuring your information remains accurate and current.
13. LEGAL DISCLOSURES
13.1 Business Relationships
We will not sell, rent, or trade your personal information to third parties for their direct marketing purposes without your explicit consent.
13.2 Legal Compliance
We may be required to disclose information to comply with legal obligations, including lawful requests by public authorities for law enforcement or national security purposes.
14. CONTACT INFORMATION
14.1 Privacy Inquiries
For questions about this Privacy Policy or our privacy practices, contact:
Data Protection Officer
Formation Labs Inc.
Email: dpo@formation.dev
Address: 530 Sanchez St, San Francisco, CA 94114, USA
14.2 Complaints
If you have concerns about our privacy practices, please contact us first. You may also have the right to lodge a complaint with a data protection authority.
15. DEFINITIONS
"Personal Information": Information that identifies, relates to, or could reasonably be linked with you.
"Services": All Formation websites, applications, products, and services.
"User Content": Data, files, and materials you upload to or create using our Services.
"Third Party": Any entity not controlled by Formation.
16. SEVERABILITY
If any provision of this Privacy Policy is found to be unenforceable, the remaining provisions shall continue in full force and effect.
17. ENTIRE AGREEMENT
This Privacy Policy, together with our Terms of Service, constitutes the entire agreement between you and Formation regarding the collection and use of your information, except where you have entered into a separate written agreement with Formation. In the event of a direct conflict between this Privacy Policy and a separate written agreement you have with Formation (such as an enterprise agreement, data processing agreement, or other service-specific contract), the provisions of the separate written agreement shall govern and control solely with respect to the specific subject matter of that agreement.
Additional Terms for EU Residents:
Information on the processing of personal data
In accordance with Article 13 of Regulation (EU) 2016/679 of the European Parliament and of the Council of April 27, 2016 on data protection1 (hereinafter “GDPR”), we provide you with the following information:
  1. Your personal data controller will be Formation Labs Inc. (hereinafter: the “Company”).
  2. You can contact us by letter - to 530 Sanchez St, San Francisco, CA, 94114, USA, or by email - to dpo@formation.dev
  3. Your data will be processed for the purpose of the recruitment process.
  4. The legal basis for processing your personal data will be:
    • necessity for compliance with a legal obligation to which we are subject, i.e. Article 6 item 1 letter c) of GDPR in relation with Article 22(1) § 1 i 2 of the Labor Code;
    • your consent, i.e. Article 6 item 1 letter a) of GDPR;
    • necessity for the performance of a contract to which you are a party or in order to take steps at your request prior to entering into a contract, i.e. Article 6 item 1 letter b) of GDPR;
    • necessity for the purposes of the legitimate interests pursued by us as the controller of your data, i.e. Article 6 item 1 letter f) of GDPR, i.e. for the purpose of possible determination, investigation or defense against claims in connection with the conduct of litigation, as well as proceedings before public authorities and other proceedings, including for the purpose of investigation and defense against claims;
    • necessity for the purposes of the legitimate interests pursued by us as the controller of your data, i.e. Article 6 item 1 letter f) of GDPR, i.e. in order to partner with other entities from Alphabet Inc. group.
  5. In terms of information indicated in the application form as necessary, its indication is mandatory and necessary to participate in the recruitment process. Failure to provide them may prevent participation in the recruitment process.
  6. Recipients of your personal data will be only entities that are entitled to receive them under the provisions of the law, as well as entities that the Company cooperates with such as other entities in the Alphabet Inc. group.
  7. Your personal data will be stored for the period of time necessary for the purposes for which we process the data, in accordance with the law or until you withdraw your consent. If you have given your consent to process your data for future recruitment purposes, your data will be processed for a period of for the period indicated in the consent form or until you withdraw your consent.
  8. Your personal data may be transferred outside the European Economic Area to other entities and other business partners. In order to ensure an adequate degree of protection for your data, we will use appropriate security mechanisms to ensure an adequate degree of protection as provided by the GDPR.
  9. You have certain rights in respect of our processing of your personal data:
    • the right to know what personal data concerning you is processed by us and to receive a copy of this data (the so-called right of access);
    • if the processed data becomes inaccurate or incomplete (or otherwise incorrect) you have the right to request its rectification;
    • in certain situations, you may ask us to delete your personal data, i.e., for example, when we no longer need the data for the purposes we informed you about; if the processing would have occurred unlawfully; or if the need to delete the data arises from a legal obligation on us;
    • the right to ask us to restrict the processing of personal data that concerns you;
    • the right to object to the processing of your personal data;
    • the right to transfer your personal data to another administrator;
    • the right to withdraw your consent to the processing of your personal data on this basis at any time without affecting the lawfulness of the processing until you withdraw your consent.
    It will not always be possible to exercise all of the above rights. Restrictions will result from the relevant provisions of the GDPR
  10. You have the right to file a complaint with the President of the Personal Data Protection Office (UODO) if you consider that the processing of your personal data violates the provisions of the GDPR.

    The contact details of the Polish President of the Personal Data Protection Office are: Stawki 2 Street, (00-192) Warsaw
  11. Your data will not be subject to automatic decision-making, including profiling.
1 Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (General Data Protection Regulation), OJ L 119, 4.5.2016, p. 1–88, available at: https://eur-lex.europa.eu/eli/reg/2016/679/oj

OUTCOMES DATA: HOW WE CALCULATE AND DISCLAIMERS

  1. Compensation data is derived from self-reported data from Formation Fellows through an exit survey or input into various tools provided by Formation. Every Fellow placed in a new role is sent the same exit survey after they sign a job offer. While Formation attempts to achieve a 100% response rate through reminders and follow up, not all Fellows respond to the exit survey. Thus, the salary information included in the summary data only includes Fellows who responded.
  2. The average income values are computed based on compensation across a number of categories (eg. base salary, signing bonus, performance bonus, equity). A category of compensation is an average of all data in that category, where blank answers are valued to be $0 in that category. For equity, if someone received equity that has no fair current value, we exclude the person from the average for the equity component only.
  3. Fellows' total compensation is the sum of their base salary, and, as applicable, first-year signing bonus, target performance bonus (or average if provided as a range), and the value of equity vesting in the first year.
    1. If a signing bonus is spread out over multiple years, we include only the amount granted during the first year.
    2. Target performance bonuses are calculated by multiplying the target bonus percentage a Fellow reports with the reported base salary.
    3. For determining the value of public stock when a value is not provided by a company with the offer letter, we are using the stock price's closing price on the person's job start date.
    4. For determining the value of private equity, we are using the latest fair current preferred stock price of the stock, if available, and we are excluding entirely the value of private stock and options where a value is not available (which is most of the time).
    5. If any stock is granted in the form of options and has a fair current price, we are subtracting the strike price from the fair current preferred stock price.
  4. The average total compensation is calculated as the sum of the averages in each category of compensation. Rather than computing individual total compensation per person and averaging those, we sum the averages of each category since there is no fair individual total compensation for someone with equity that has no fair current value.
  5. For our average compensation increase, we compare the total compensation to self-reported previous compensation data from our Fellows. This excludes Fellows who reported no prior compensation, as well as those who reported new offer information without completing surveys regarding their prior compensation.
  6. For years of experience, we are including only full-time software engineer experience as work experience. We exclude internships, part-time work, education (such as a CS degree), and non-software engineering work experience.
  7. Unless otherwise stated, the overall average compensation increase stated is based on data submitted in 2025 only, and accurate as of August, 3rd, 2025.
  8. Unless otherwise stated, compensation breakdowns by year of experience are based on data submitted in 2025 only, and accurate as of August, 3rd, 2025.
  9. The numbers provided are not reflective of each Fellow’s individual experience. Formation cannot guarantee a Fellow will find a job, or that they will receive a particular salary. Those who started Formation at a lower prior salary may see a greater increase in compensation than one who was already earning a competitive salary. The averages are intended to show the long term impact that Formation Services may have in a number of scenarios. Individual results will vary, and each individual's success depends on their experience, dedication, and desire. While the outcomes and estimations are based on aggregated outcomes data of placed Formation Fellows, the calculations shown are simplified examples. The calculations should be used as a tool for understanding the potential value of Formation's services under specific scenarios and constraints, and not as a guarantee or financial planning tool, or for determining individual Fellow’s outcomes based on Formation Services.
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