Terms & Conditions

Terms & Conditions

Effective Date: June 23, 2025. 

Thank you for visiting this website, which is provided to you solely for informational purposes by Altimeter Capital Management, LP (together with its affiliates, “Altimeter,” “we,” or “us”).

These terms and conditions (“Terms of Use”) are a contract between users (“you”) and Altimeter and apply to the website located at altimeter.com, its content and any other webpages owned and/or operated by us that link back to, or otherwise display, these Terms of Use, including any password-protected areas of this site as well as any and all X (f/k/a Twitter), LinkedIn, and YouTube pages maintained by Altimeter (the “Social Media Sites” and, collectively, the “Website”).

By using the Website, you agree to abide by these Terms of Use. If you do not agree to abide by these Terms of Use, your sole and exclusive remedy is to discontinue using the Website. Your compliance with these Terms of Use and any Other Agreements (as defined below) is a condition to your right to access the Website. This document affects your legal rights, including limiting your damages if you sue us, so please read it carefully.

We reserve the right, in our sole discretion, to change, modify, add or remove any portion of the Website, including the Terms of Use, in whole or in part, at any time, without prior notice to you. Changes to these Terms of Use will be effective when posted. For this reason, we encourage you to visit and review this page regularly to ensure that you are familiar with the then-current Terms of Use that apply to your use of the Website. The date of the last revision or update appears at the top of the Terms of Use under the title next to Effective Date. 

Nothing contained in these Terms of Use is intended to modify or amend any other written agreement you may have with us(“Other Agreements”), if any, that may currently be in effect. In the event of any inconsistency between these Terms of Use and any Other Agreements, the Other Agreements will govern. To the extent these Terms of Use conflict with the terms and conditions of use relating to any password-protected area of the Website (“Other Terms of Use”), the more specific Other Terms of Use relating to such password-protected area shall control.

Acceptable Use of the Website

All materials, including but not limited to images, text, data, illustrations, designs, icons, photographs, programs, downloads, videos, services and content (“Content”) that are part of the Website are intended solely for personal, non-commercial use. We authorize you to view and access a single copy of the Content available on the Website for your own use. You agree to only use the Website and the Content for the purposes for which it has been designed. You further agree to comply with these Terms of Use and all applicable local, state, national, and international laws, rules, and regulations. Please be advised that we may record certain usage information, such as the number and frequency of visitors to the Website.

Restrictions on Use

As a condition of your use of the Website, you agree that you will not, under any circumstances:

  • Reproduce, publish, transmit, distribute, display, modify, create derivative works from, sell or participate in any sale of or exploit in any way, in whole or in part, any Content;
  • Use the Website in any manner that could damage, disable, overburden, or impair the Website or interfere with proper functioning of the Website, including making automated use of the Website or taking any action that we deem to impose or potentially impose an unreasonable or disproportionately large load on our servers or network infrastructure;
  • Use the Website for any unlawful purpose or for the promotion of illegal activities;
  • Interfere with or disrupt or attempt to interfere with or disrupt the Website or servers or networks connected to the Website, or disobey any requirements, procedures, policies, or regulations of networks connected to the Website, including bypassing any measure we take to restrict access to the Website;
  • Use any software, technology or device to scrape, spider, or crawl the Website or harvest or manipulate data on the Website;
  • Reverse engineer, decompile, disassemble, or otherwise attempt to extract or discover the source code of the Website or any part thereof, except and only to the extent that such activity is expressly permitted by applicable law notwithstanding this limitation; or
  • Use another’s user ID and password to access the Website without permission.

If we believe you are using or attempting to use the Website in breach of any one or more of these restrictions, we reserve the right to suspend or terminate your ability to use the Website (or any portion thereof).

Linked Sites and Other Third-Party Content

The Website may provide links to websites operated by other people or entities. These links are provided strictly for your convenience. In addition, with or without our consent, third-party sites may be linked to the Website and third parties may repost outside of the Website information shared by Altimeter on the Website. We make no warranty or representation regarding, do not endorse, and do not accept any responsibility for, any websites linked to or from the Website or the information appearing thereon or any of the products or services described thereon. You acknowledge and agree that use of third-party websites is strictly at your own risk. You may not link a part of the Website to another website without our express permission. We make no warranty or representation regarding, do not endorse, and do not accept any responsibility for, any information that is reposted from the Website without Altimeter’s express permission.

Additionally, the Website may show news released by, and other content prepared by, organizations other than Altimeter (such news and other content, “Third-Party Content”). We make no warranty or representation regarding, do not endorse, and do not accept any responsibility for, any Third-Party Content shown on the Website. The Social Media Sites may also show comments or reactions (including likes and emojis) (collectively, “Comments”) from third parties and Altimeter employees. We make no warranty or representation regarding, do not endorse, and do not accept any responsibility for, any Comments (including any Comments posted by Altimeter employees).

The Website may otherwise make references to other entities, including displaying logos or symbols of such entities (each such reference, “Third-Party Reference”). We make no warranty or representation regarding, and do not accept any responsibility for, any such Third-Party Reference. Additionally, no Third-Party Reference indicates, and no Third-Party Reference should be viewed as, an endorsement, either by Altimeter of such entity or by such entity of Altimeter.

Altimeter Invests in Publicly Traded Securities

Altimeter invests in publicly traded securities around the world. As a result, Altimeter does not want to receive material, non-public information about publicly traded companies or their securities, except in rare circumstances in which Altimeter restricts its own trading in those securities. Altimeter thus does not wish to receive material, non-public information or otherwise confidential information about a public company from any source.

Intellectual Property

The Website and its Content are the exclusive property of and owned by Altimeter. The Website contains and is protected by intellectual property rights, including copyrights, tradenames, trademarks, logos, and service marks (whether registered or not, and wherever in the world those rights may exist) owned by Altimeter or third parties that have licensed their materials or provided services to Altimeter.  ALTIMETER and ALTIMETER CAPITAL are registered trademarks in the United States and/or other countries and may not be used without the prior written permission of Altimeter.  Access to or viewing materials posted to the Website does not confer any license under any of our or any third party’s intellectual property rights or otherwise authorize you to use any trademark, logo, service mark, copyright, or other intellectual property, except as explicitly provided herein, agreed to by Altimeter or permitted under applicable law. The Content of the Website may not be reproduced or redistributed in whole or in part, in any format, without the express written approval of Altimeter.

No Offers of Securities or Investment Advisory Services

The Content provided on the Website is for informational purposes only, and the Website and its Content are intended solely to provide general information about Altimeter, its people, and its services to entrepreneurs, company founders, and prospective portfolio companies.  The Website is not directed towards any existing or prospective investor in any Altimeter fund or investment vehicle managed by Altimeter.  

Altimeter is not utilizing the Website to offer securities or its investment advisory services and the Website and its Content should not be construed as an offer to sell or a solicitation of an offer to buy an interest in any fund, investment vehicle, or account managed by Altimeter. Any such offer or solicitation will be made only through a final private placement memorandum, subscription agreement, prospectus, or other related document with respect to a particular investment opportunity (each, an “Offering Document” and, collectively, the “Offering Documents”) and will be subject to the terms and conditions in such documents, including the qualifications necessary to become an investor. The information on the Website is superseded by, and is qualified in its entirely by reference to, the Offering Documents. None of the information contained on the Website has been filed with the U.S. Securities and Exchange Commission, any securities administrator under any state securities laws or any other governmental or self-regulatory authority. No governmental authority has passed on the merits of the offering of interests in any fund, investment vehicle, or account managed by Altimeter or the adequacy of the information contained on the Website.  Any representation to the contrary is unlawful.tegy. Any decision to invest or take any other action with respect to the securities or investments shown or discussed on the Website may involve risks not discussed herein and no such decisions should be made based on the information contained on the Website. 

It should not be assumed that any securities or investments shown or discussed on the Website will increase in value. You are solely responsible for evaluating the risks and merits regarding use of the Website and should obtain relevant and specific professional advice, including tax advice, from your legal, financial, personal and other advisers, before making any investment or financial decision or purchasing any financial, securities or investment-related service or product.

No Investment Advice or Recommendations

Furthermore, Altimeter is not utilizing the Website to provide investment or other advice, and nothing on the Website should be interpreted, used in any manner as, or deemed investment advice or a means to make or communicate investment or other decisions.  To obtain such advice, you should consult with your own professional advisor. 

In addition, nothing contained on the Website shall constitute a recommendation or endorsement of any securities and any references to any securities or portfolio companies should not be used as the basis for making any decision about purchasing, holding or selling any securities or investments. 

Any discussions of securities and portfolio companies on the Website is intended to be illustrative and is not intended to be used as an indication of the current or future performance of any securities, funds or portfolio companies. Any transactions described on the Website as having been engaged in by us are included for illustrative purposes only and are not necessarily reflective of overall performance of all transactions or any of our businesses or funds.  

Altimeter and its clients trade in public securities and have made and/or may make investments in or investment decisions relating to the companies referenced on the Website or its Content. Altimeter and its clients reserve the right to make investment decisions or engage in trading activity that would be (or could be construed as) consistent and/or inconsistent with the views expressed on the Website or its Content. 

No endorsement, guarantee or representation regarding the performance of any security, strategy, fund, portfolio company or investment is being made hereby, including regarding the suitability of any investment or investment strategy.

No Guarantee

An investment in a fund, investment vehicle or account managed by Altimeter is subject to significant risks that are described in more detail in the Offering Documents, including the loss of principal amount invested. Such investments are not suitable for all investors and are not obligations of or guaranteed by Altimeter or any of its affiliates. The investments are not bank deposits and are not insured by the Federal Deposit Insurance Corporation or any other entity. Before making an investment decision, prospective investors should pay particular attention to the risk factors contained in the Offering Documents. Investors should have the financial ability and willingness to accept the risk characteristics of an investment. There can be no assurance that any fund, investment vehicle or account managed by Altimeter will be able to implement its investment strategy or achieve its investment objectives.

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. ANY INVESTMENT INVOLVES SIGNIFICANT RISKS, INCLUDING LOSS OF THE ENTIRE INVESTMENT.

No representation is being made that any investment or transaction will or is likely to achieve profits or losses similar to those achieved in the past, or that significant losses will be avoided. Market and economic conditions in the future may vary. In addition, not all portfolio companies held by Altimeter had performance that equaled the performance of the companies shown or discussed on the Website. Certain materials contained on this website include quotations from Altimeter portfolio company executives, certain of whom are also investors in strategies sponsored by Altimeter. In addition, individual performance experienced by an investor may vary depending on the structure of a particular investor’s investment.

Statements by Portfolio Company Executives

Any statements provided by current or past portfolio company executives are provided solely as illustrative examples of such executive’s experience working with Altimeter as a business partner, notwithstanding the fact that such executives may in some cases have invested in Altimeter funds. Such statements are directed at owners and executives of prospective portfolio companies we may seek to invest in and are not intended to solicit investors in any investment vehicle we manage. The portfolio companies reflected in these statements do not represent all investments made by Altimeter. We have not provided cash or other compensation in exchange for receiving such statements. Any discretion we exercise in the determination of the compensation of our portfolio company executives, or other benefits provided to such executives, is not influenced by whether an executive has provided a favorable statement. Nevertheless, the fact that any statements have been provided by individuals whose compensation we exercise a certain level of control over, or who may receive certain benefits from us, may incentivize them to provide favorable evaluations of their experiences working with us. 

No Warranty as to Third-Party Sources

Certain information contained on the Website has been obtained from published and non-published sources. Such information has not been independently verified by Altimeter, and the Website, and the information and materials herein, are provided “as is” and without warranties or representations of any kind either express or implied. Altimeter and its affiliates disclaim all warranties, express or implied, including but not limited to, implied warranties of merchantability and fitness for a particular purpose. Altimeter does not warrant the accuracy, completeness or reliability of any information on the Website or that the Website will operate “error free.” 

Historical Information

Except where otherwise indicated on the Website, the information provided on the Website is based on matters as they exist as of the date of the Website or the date indicated therein and not as of any future date, and may not be updated or otherwise revised to reflect information that subsequently becomes available or changes in circumstances occurring after such date.

Forward-Looking Statements

Certain information on the Website may contain forward-looking statements, which can be identified by the use of terms such as “may,” “should,” “believe,” “expect,” “anticipate,” “project,” “target,” “estimate,” “optimistic,” “intend,” “aim,” “seek,” “will,” “continue” (or the negatives thereof) or other variations thereof. Examples of forward-looking statements include statements relating to macroeconomic conditions, expectations regarding future growth, including future revenue and earnings increases, margins, free cash flow projections and annual growth rates; growth plans and opportunities, including our strategies for future or potential acquisitions, product expansion, targets and geographic expansion; estimated returns on in future; and assumptions underlying these expectations. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict with regard to timing, extent, likelihood and degree of occurrence. Therefore, actual results and outcomes may materially differ from what may be expressed or forecasted in such forward-looking statements. Furthermore, Altimeter undertakes no obligation to update, amend or clarify forward-looking statements,, which only speak as of the date they are made, and there is no guarantee that these opinions or predictions will ultimately be realized. As a result, investors should not rely on such forward-looking statements in making their investment decisions. Any projection of the performance or targets discussed by Altimeter is highly speculative and represents Altimeter’s opinion, which may change. Altimeter undertakes no obligation to update publicly or revise any statements contained on the Website, whether as a result of new information, future developments or otherwise.

No Regulatory Approval

The Content has not been reviewed, passed on, or approved by any regulatory authority and has been prepared without regard to the individual financial circumstances or objectives of persons who may receive it. The appropriateness of a particular investment or strategy will depend on an investor’s individual circumstances and objectives. No representation is being made as to the suitability of any investment.

Altimeter is an investment adviser registered with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. 

Compliance with Applicable Law

Unless otherwise expressly set forth herein, we make no representation that materials on the Website are appropriate or available for use in any particular location. If it is illegal or prohibited in your country of origin to access or use the Website or any of its Content, including any Social Media Site, then you agree not to do so. Those who choose to access the Website do so on their own initiative and are responsible for compliance with local laws.

Password and Security Notification

Certain additional information and services available on the Website may be accessible to you only if you have been provided with a username and password (“Password User”). Use of such additional information and services shall be subject to additional terms and conditions. You may not attempt to access any password protected areas of the Website without authorization. If you have been issued a password for the Website, you agree that we have granted you limited access to specific files pertaining to investments relevant to you, and you agree not to attempt to access other computer files. All information that we provide to Password Users is confidential and intended solely for the information of its intended recipient and/or such recipient’s financial, legal or tax advisors, provided that such advisors agree not to disclose any information that is confidential. You, as a Password User, are solely responsible for (i) maintaining the confidentiality of the password and user ID and (ii) all activities that occur under your user ID. If, in the process of obtaining a user ID and password, you provide us with any information that is untrue, inaccurate, not current, or incomplete, or if we have reason to suspect that such information is untrue, inaccurate, not current, or incomplete, we have the right to suspend or terminate your user ID and password and refuse any and all current or future use of the Website (or any portion thereof). The Password User shall immediately notify us of any loss or theft of the password, or if the confidentiality of the password has otherwise been compromised in any way. We will not be responsible or liable for any loss, expense or damage arising in any way from use of the password and user ID and/or the accessing of information or materials therewith.

Disclaimer and Indemnity

Views expressed are those of Altimeter. The Website and the information and materials on the Website are provided “as is” and without warranties or representations of any kind either expressed or implied and we and our affiliates disclaim all warranties, expressed or implied, including but not limited to, implied warranties of merchantability and fitness for a particular purpose. We do not warrant the accuracy, completeness, reliability, security, suitability, availability at any or all times or timeliness of any information on the Website or that the Website will operate “error free.” In no event shall we or our affiliates, or any of our or their respective partners, stockholders, members, managers, officers, directors, employees, agents, funds and such funds’ investors (collectively, the “Altimeter Parties”), be responsible for any damages, liabilities or injury, including indirect, incidental, special, punitive, multiple, consequential or other damages, however caused or arising out of your use of (or inability to use) the Website. If your use of the Website gives rise to any third party complaint, charge, claim, loss, expense, damage, cost, liability or demand, including attorneys’ fees (collectively, a “Claim”), against you or any Altimeter Party, you agree to (i) indemnify and hold harmless the Altimeter Parties with respect to any such Claim, (ii) release the Altimeter Parties from any such Claim and (iii) waive all laws that may limit the efficacy of such release.

Limitation of Liability

To the maximum extent permitted by law, we disclaim all liability arising out of your use of the Website and its Content, even if we have been advised of the possibility of the damages, liability or injury that you suffer, including any damages, liability or injury caused by any incorrectness or incompleteness of information contained herein, any failure of performance, error, omission, defect, interruption, delay in operation, computer virus, line failure or other computer malfunction, whether caused by negligence or otherwise.

Endorsements, Third-Party Awards & Third-Party Recognition

In many cases, Altimeter submits nominations on behalf of Altimeter or its affiliated persons for awards, rankings, or lists, or otherwise seeks to be recognized by Third-Party Content, which may be construed as an endorsement, and it should be assumed that Altimeter has done so. Unless otherwise specified in the Website or its Content, Altimeter has not paid for any endorsement, third-party award, or recognition in any Third-Party Content. However, to the extent that the third-party giving the endorsement, award or recognition offers a service or subscription, it should be assumed that Altimeter utilizes and pays for such service or subscription, which incentivizes the third-party to endorse Altimeter or otherwise include Altimeter in its awards, lists, rankings or recognition. It should also be assumed that the Website and its Content only include certain information, quotes, or content that pertains to Altimeter and its affiliated persons and accordingly does not include all information or context. For all information and the full context of the endorsement, third-party award or other recognition, including any criteria used or other recipients, you should visit the website of the relevant third-party.

Invest America Charitable Foundation

Invest America Charitable Foundation is a 501(c)(3) charitable entity that was founded by Brad Gerstner in his personal capacity in 2023.  Altimeter is not affiliated with Invest America. Any statements made by or on behalf of Mr. Gerstner in connection with Invest America are made in his personal capacity. Altimeter has not independently verified any statements or information provided by Invest America or Mr. Gerstner related to Invest America; such statements or information may be inaccurate or incomplete.  Accordingly, Altimeter makes no representation or warranty, express or implied, regarding the fairness, accuracy, timeliness or completeness of any such information or statements.  Additionally, Altimeter does not assume any liability for the acts or omissions made by Invest America or Mr. Gerstner in connection with Invest America. 

BG2 Podcast

The BG2 Podcast (“BG2”) is a podcast created and produced by Brad Gerstner and Bill Gurley in their personal capacities. Any views or statements made by Mr. Gerstner, Mr. Gurley, guests, or speakers (including any Altimeter affiliated persons or employees of current or future Altimeter portfolio companies) on BG2 reflect their own views and do not necessarily reflect the views of Altimeter.  Altimeter has not independently verified all statements or information provided by BG2, Mr. Gerstner, or Mr. Gurley related to BG2; such statements or information may be inaccurate or incomplete.  Altimeter makes no representation or warranty, express or implied, regarding the fairness, accuracy, timeliness or completeness of any such information or statements. Additionally, Altimeter does not assume any liability for the acts or omissions made by Mr. Gerstner in connection with BG2. On certain occasions, Mr. Gerstner or guests/speakers on BG2 discuss companies in which certain of Altimeter’s clients are or may in the future be invested.  BG2 is, however, not a means to offer investment advisory services, investment advice, or securities and shall not be construed as such.  Please see the sections “No Offers of Securities or Investment Advisory Services” and “No Investment Advice or Recommendations” above for additional information.  

Contact Information

If you have any questions or comments or need to provide us notice of any sort related to these Terms of Use, you may contact us in the following ways:

Mailing Address: Altimeter Capital Management, LP, One International Place, Suite 4610, Boston, MA 02110, U.S.A. 

Email Address: compliance@altimeter.com

Phone Number: +1 (617) 650-6005