Terms
Voting
- You get three picks a day (days run midnight to midnight UTC). Each pick is one choice between two products.
- One person, one email.
- The leaderboard shows each product's share of the pairs it won. It opens once you've used your picks for the day.
- The vote informs what we build; it doesn't bind us. The lab alone decides what launches and when.
Reservations
- A reservation costs $5 and is paid through Stripe.
- It is a $5 credit toward the product you reserved, when it launches.
- If that product doesn't launch within 30 days of the vote closing, we refund the $5 in full to your original payment method.
- You can also ask for a refund before then by emailing us.
Pitch royalty
- If the lab builds and launches a product from your pitch, you get 10% of that product's net revenue for 12 months from its launch date. Net revenue is what buyers pay, less payment processing fees and refunds.
- We pay quarterly. If your share for a quarter is under $25, it carries over until it reaches $25 ($25 minimum payout).
- By sending a pitch you grant the lab a licence to use the pitch to research, build, market and sell products. You confirm the pitch is yours to share.
- This is not equity, not a profit share, not a partnership and not an investment. You don't own any part of the lab or the product.
- The lab alone decides what to build and launch. Similar ideas may come from others or from the lab itself; a royalty is owed only when we build from your pitch.
Contact
Questions, refunds or deletion requests: see this page again soon.