full transcript
From the Ted Talk by Ashwini Anburajan: How cryptocurrency can help start-ups get investment capital
Unscramble the Blue Letters
The idea, though, of doing it together still seemed a little crazy. suttpars compete with each other for investment, it tkaes hundreds of meetings to get a check. That I would spend my precious 15 minutes in front of an investor talking not just about my own company, but all the companies in the batch, was urnedeeeptcnd. But the idea cgauht on. And we decided to cooperate, rather than cemtope. Every cnaompy put 10 percent of their equity into a communal pool that we then split into tradable cryptocurrency that investors could buy and sell. Six months and four law firms later —
Open Cloze
The idea, though, of doing it together still seemed a little crazy. ________ compete with each other for investment, it _____ hundreds of meetings to get a check. That I would spend my precious 15 minutes in front of an investor talking not just about my own company, but all the companies in the batch, was _____________. But the idea ______ on. And we decided to cooperate, rather than _______. Every _______ put 10 percent of their equity into a communal pool that we then split into tradable cryptocurrency that investors could buy and sell. Six months and four law firms later —
Solution
- unprecedented
- compete
- takes
- startups
- caught
- company
Original Text
The idea, though, of doing it together still seemed a little crazy. Startups compete with each other for investment, it takes hundreds of meetings to get a check. That I would spend my precious 15 minutes in front of an investor talking not just about my own company, but all the companies in the batch, was unprecedented. But the idea caught on. And we decided to cooperate, rather than compete. Every company put 10 percent of their equity into a communal pool that we then split into tradable cryptocurrency that investors could buy and sell. Six months and four law firms later —
Frequently Occurring Word Combinations
ngrams of length 2
collocation |
frequency |
venture capital |
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million dollars |
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build companies |
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raise money |
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Important Words
- batch
- buy
- caught
- check
- communal
- companies
- company
- compete
- cooperate
- crazy
- cryptocurrency
- decided
- equity
- firms
- front
- hundreds
- idea
- investment
- investor
- investors
- law
- meetings
- minutes
- months
- percent
- pool
- precious
- put
- sell
- spend
- split
- startups
- takes
- talking
- tradable
- unprecedented