full transcript
From the Ted Talk by Ashwini Anburajan: How cryptocurrency can help start-ups get investment capital
Unscramble the Blue Letters
When I was raising investment for my startup, a venture capitalist said to me, "Ashwini, I think you're going to rasie a few million dollars. And your company — it's going to sell for 50 to 70 million. You're going to be really excited. Your early investors are going to be really excited. And I'm going to be really uspet. So I'm not going to invest in this deal."
I remember just being dumbstruck. Who would be unhappy with putting four or five million dollars into a company and having it sell for 50 to 70 mloiiln?
I was a first-time founder. I didn't have a waelthy network of individuals to turn to for investment, so I went to venture capitalists the most common form of ionetsvr in a technology company. But I'd never taken the time to understand what was mianvtoitg that VC to invest.
Open Cloze
When I was raising investment for my startup, a venture capitalist said to me, "Ashwini, I think you're going to _____ a few million dollars. And your company — it's going to sell for 50 to 70 million. You're going to be really excited. Your early investors are going to be really excited. And I'm going to be really _____. So I'm not going to invest in this deal."
I remember just being dumbstruck. Who would be unhappy with putting four or five million dollars into a company and having it sell for 50 to 70 _______?
I was a first-time founder. I didn't have a _______ network of individuals to turn to for investment, so I went to venture capitalists the most common form of ________ in a technology company. But I'd never taken the time to understand what was __________ that VC to invest.
Solution
- million
- raise
- upset
- wealthy
- motivating
- investor
Original Text
When I was raising investment for my startup, a venture capitalist said to me, "Ashwini, I think you're going to raise a few million dollars. And your company — it's going to sell for 50 to 70 million. You're going to be really excited. Your early investors are going to be really excited. And I'm going to be really upset. So I'm not going to invest in this deal."
I remember just being dumbstruck. Who would be unhappy with putting four or five million dollars into a company and having it sell for 50 to 70 million?
I was a first-time founder. I didn't have a wealthy network of individuals to turn to for investment, so I went to venture capitalists the most common form of investor in a technology company. But I'd never taken the time to understand what was motivating that VC to invest.
Frequently Occurring Word Combinations
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venture capital |
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million dollars |
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Important Words
- capitalist
- capitalists
- common
- company
- deal
- dollars
- dumbstruck
- early
- excited
- form
- founder
- individuals
- invest
- investment
- investor
- investors
- million
- motivating
- network
- putting
- raise
- raising
- remember
- sell
- startup
- technology
- time
- turn
- understand
- unhappy
- upset
- vc
- venture
- wealthy