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hi I'm So Young head of legal here at jungle Ventures and I want to take some time to talk to you about investment documents so long form definitive documents for a VC or other big investor into a founder-led company that's things that you might have heard of like ssas Shas let's talk about what these are and how they work once we've managed to get a term sheet all agreed and signed and all aligned it's then time to do what I was thinking was the fun part and to look at what the definition documents or the investment documents the actual long-form contracts that will govern how the investment is made into the company and how the company runs going forward usually these are split up so there will be number one a subscription agreement and that subscription agreement governs how investors and anyone else putting money into the company puts money in in exchange for shares so that documents a One-Shot document it's functional for a short period of time where the money comes in and then th...