Last updated: May 2026

1. Acceptance of Terms

By accessing or using CapCake, you agree to be bound by these Terms of Service. If you do not agree to these terms, do not use the service. CapCake is operated by Karo Studio.

2. Description of Service

CapCake is a web-based equity split calculator that helps startup co-founders calculate fair equity distributions. The service provides analytical recommendations based on user inputs and is not a substitute for legal or financial advice.

3. User Accounts

You are responsible for maintaining the security of your account credentials. You must provide accurate information when creating an account. You may not share your account with others or create multiple accounts.

4. Acceptable Use

You agree to use CapCake only for its intended purpose. You may not attempt to reverse-engineer, copy, or redistribute the service. You may not use the service for any illegal or unauthorized purpose.

5. Payment and Subscriptions

Paid plans are billed monthly or annually as selected. You may cancel at any time. Cancellations take effect at the end of the current billing period. One-time report purchases are non-refundable. Subscription refunds are available within 7 days of purchase.

6. Intellectual Property

All content, design, and code of CapCake are the property of Karo Studio. Your equity data and generated reports belong to you. You grant us a limited license to process your data to provide the service.

7. Limitation of Liability

CapCake is provided "as is" without warranties of any kind. We are not liable for any decisions made based on the equity recommendations provided. Maximum liability is limited to the amount paid for the service in the last 12 months.

8. Changes to Terms

We may update these terms at any time. We will notify registered users of material changes via email. Continued use of the service after changes constitutes acceptance of the new terms.

9. Contact

For questions about these terms, contact us at [email protected].