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[Music] hi founders welcome to another episode of know your term sheet this is a series of videos where i help demystify the standard vc term sheet so that first time founders like you know what youre signing up for if you have been liking the content that ive been putting out please do hit those like and subscribe buttons that will help me docHub out to even more founders today we are going to be discussing another term in the term sheet called tag along rights but before we delve into that topic i wanted to quickly talk about why all these rights are placed by investors at all what you need to understand as a founder is that you are signing up for a very specific type of capital venture capital that is a very recent phenomenon of high trust societies for most of history if you wanted money to build a business you have to borrow it from somewhere and then you have to pay that person interest on that money you have to pay the money back after a certain time period and you also have to