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In this video tutorial, So Young, head of legal at Jungle Ventures, discusses investment documents for VC or big investors in founder-led companies. These long-form definitive documents, such as SSAs and SHAs, govern how the investment is made into the company and how it operates going forward. Once a term sheet is agreed upon, the focus shifts to the subscription agreement, which outlines how investors fund the company in exchange for shares. This document is functional for a short period of time during the investment process.