This analysis describes what Wealthfront's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
Forfeiture is automatic upon submission, meaning no separate act or agreement is required to strip the submitter of IP rights in any unsolicited idea.
Interpretive note: The excerpt is truncated with ellipses; additional consequences or conditions of the forfeiture may appear in the unquoted remainder.
If you submit an unsolicited idea to Wealthfront or any of its employees or representatives by any medium, you automatically lose all intellectual property rights in that idea.
How other platforms handle this
you do so with the understanding that no additional consideration of any sort will be provided to you, and you are waiving any claim against Netflix and its affiliates regarding the use of such materials and ideas...
Except for the license you grant below, you retain all rights in and to your Marketing Content, as between you and ActiveCampaign.
You do not have any rights in relation to Member Content, and, unless expressly authorized by Tinder, you may only use Member Content to the extent that your use is consistent with our Services' purpose...
"by submitting unsolicited ideas to Wealthfront or any of its employees or representatives, by any medium... you automatically forfeit your right to any intellectual property rights in such ideas...Excerpt from Wealthfront's Terms of Service
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Forfeiture is automatic upon submission, meaning no separate act or agreement is required to strip the submitter of IP rights in any unsolicited idea.
If you submit an unsolicited idea to Wealthfront or any of its employees or representatives by any medium, you automatically lose all intellectual property rights in that idea.
ConductAtlas has identified this type of provision across 256 platforms. See the full comparison.
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