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