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The video discusses the topic of term sheets in startup investments. When an investor agrees to invest in your startup, you typically sign a term sheet with them. The term sheet outlines the terms of the investment and the due diligence process that the investor will go through before actually investing. This due diligence process can take up to six months before the investor puts the money in your bank account. It's important to understand the contents of a term sheet and the due diligence process when seeking investment for your startup.