WARM-UP VIDEO FOR MUCH MORE, MUCH BETTER

Instructions. What are some of the higher-level alternatives to saying much more, much better and so on? Listen and fill the gaps to find out.

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Exercise. Complete each gap with suitable words and expressions you hear from the video.

[SOUND] Thank you very much for taking the time to come in and speak to us. Many of us, are aspiring entrepreneurs, so (1) ………….. really quite like to be like you. And, many others, would also like to pitch to you. >> [LAUGH] >> Actually sitting here makes me, gives me a sense of how intimidating that must be, so, (2) ………….. , (3) ………….. wish it for much longer. >> [LAUGH] >> And perhaps, perhaps we could, just start by outlining the, the three main topics (4) ………….. love to cover today. The first is your views on tech and venture capital trends. The second is, how you assess entrepreneurial DNA. And the third is your views on leadership and your leadership experiences, that, that (5) ………….. had throughout your, your esteemed career. And so, if we could perhaps start with the, that first, tech trends, and go with something topical. >> So I, unfortunately, I can't, ten years, ten years from now I can come back and tell you all about the WhatsApp deal, but right now (6) ………….. on the, (7) ………….. on the, (8) ………….. on the Facebook board and I know that you all would not come visit me in jail. So I will, I will keep that one to myself. so, (9) ………….. a couple of big things. So, just in terms of thinking about what (10)………….. been through in the last 20 years in Silicon Valley, some people in the room are old enough, you may remember there was a bubble. long period of, basically, you know, years of pain followed by then, sort of, what I think of as, as very slow recovery. I think (11) ………….. actually been an object lesson in the psychology of markets and bubbles. I think that, people are much more highly sensitized to bubbles after a bubble. If you could be sensitized to them before a bubble, you could make a lot more money. But people get highly sensitized and so (12) ………….. this phenomena of, of trying to close the, the barn door after the horses have escaped. And that, that is a lot of what all the is an economist named Carlotta Perez, who wrote a book called Technological Revolutions. (13) ………….. probably the single best book. Like, that book and The Innovator's Dilemma are probably the two key books that are really critical to understanding how this industry works. a general model for the deployment of new technologies. And then how technologies intersect with financial markets. And so (14) ………….. got this whole thing, and (15) ………….. basically this multi-generational process. And (16)………….. what, (17) ………….. basically these two big, sort of phases of it. (18) ………….. (19) ………….. called the installation phase and (20) ………….. (21) ………….. called the deployment phase. And it turns out in every single case and this includes railroads and, like, lots, electricity and steam engines and lots of prior new fundamental technologies, (22) ………….. always this just gigantic bubble and then crash kind of halfway through. And historically that marks the transition from The deployment stage, you could argue, is where the actual interesting thing, things happen. (23) ………….. where all the tech-, all the new technologies actually start to work. They actually make it into (24) ………….. hands. They actually become cost effective and we actually find out how to actually use all these things. And so that's the phase I think (25) ………….. in, in now. You know, without talking about the Whatsapp deal in particular, it is interesting to note that the companies that people think today, for the most part, have extraordinarily high customer, count. user, user count. Market sizes have expanded gigantically and so (26) ………….. got these things now that people are arguing about that have, in some cases, a half can have a large scale internet service that's worth a billion users that's not gonna be worth anything, you, you could take that position, (27) ………….. not sure you would recommend it. >> Yeah, no, that makes sense. When you, as you say, when you look at the, the cost per user, (28) ………….. actually only $36, which is much, much less than in many others for the What'sApp deal. >> So, could that, perhaps, be a sign of a bubble? >> So things are heating up. And so, [LAUGH] Historically, (29) ………….. actually been, and I suspect everybody in the room knows this, there has been a

Key: Look at the key and say aloud the script from the video to improve your English.

[SOUND] Thank you very much for taking the time to come in and speak to us. Many of us, are aspiring entrepreneurs, so (1) (we'd) really quite like to be like you. And, many others, would also like to pitch to you. >> [LAUGH] >> Actually sitting here makes me, gives me a sense of how intimidating that must be, so, (2) (I won't) , (3) (I won't) wish it for much longer. >> [LAUGH] >> And perhaps, perhaps we could, just start by outlining the, the three main topics (4) (I'd) love to cover today. The first is your views on tech and venture capital trends. The second is, how you assess entrepreneurial DNA. And the third is your views on leadership and your leadership experiences, that, that (5) (you've) had throughout your, your esteemed career. And so, if we could perhaps start with the, that first, tech trends, and go with something topical. >> So I, unfortunately, I can't, ten years, ten years from now I can come back and tell you all about the WhatsApp deal, but right now (6) (I'm) on the, (7) (I'm) on the, (8) (I'm) on the Facebook board and I know that you all would not come visit me in jail. So I will, I will keep that one to myself. so, (9) (there's) a couple of big things. So, just in terms of thinking about what (10) (we've) been through in the last 20 years in Silicon Valley, some people in the room are old enough, you may remember there was a bubble. long period of, basically, you know, years of pain followed by then, sort of, what I think of as, as very slow recovery. I think (11) (it's) actually been an object lesson in the psychology of markets and bubbles. I think that, people are much more highly sensitized to bubbles after a bubble. If you could be sensitized to them before a bubble, you could make a lot more money. But people get highly sensitized and so (12) (there's) this phenomena of, of trying to close the, the barn door after the horses have escaped. And that, that is a lot of what all the is an economist named Carlotta Perez, who wrote a book called Technological Revolutions. (13) (It's) probably the single best book. Like, that book and The Innovator's Dilemma are probably the two key books that are really critical to understanding how this industry works. a general model for the deployment of new technologies. And then how technologies intersect with financial markets. And so (14) (she's) got this whole thing, and (15) (it's) basically this multi-generational process. And (16) (there's) what, (17) (it's) basically these two big, sort of phases of it. (18) (There's) (19) (what's) called the installation phase and (20) (there's) (21) (what's) called the deployment phase. And it turns out in every single case and this includes railroads and, like, lots, electricity and steam engines and lots of prior new fundamental technologies, (22) (there's) always this just gigantic bubble and then crash kind of halfway through. And historically that marks the transition from The deployment stage, you could argue, is where the actual interesting thing, things happen. (23) (It's) where all the tech-, all the new technologies actually start to work. They actually make it into (24) (everybody's) hands. They actually become cost effective and we actually find out how to actually use all these things. And so that's the phase I think (25) (we're) in, in now. You know, without talking about the Whatsapp deal in particular, it is interesting to note that the companies that people think today, for the most part, have extraordinarily high customer, count. user, user count. Market sizes have expanded gigantically and so (26) (you've) got these things now that people are arguing about that have, in some cases, a half can have a large scale internet service that's worth a billion users that's not gonna be worth anything, you, you could take that position, (27) (I'm) not sure you would recommend it. >> Yeah, no, that makes sense. When you, as you say, when you look at the, the cost per user, (28) (it's) actually only $36, which is much, much less than in many others for the What'sApp deal. >> So, could that, perhaps, be a sign of a bubble? >> So things are heating up. And so, [LAUGH] Historically, (29) (there's) actually been, and I suspect everybody in the room knows this, there has been a

Sources: 

Channel: Stanford Graduate School of Business. Marc Andreessen on Big Breakthrough Ideas and Courageous Entrepreneurs: https://www.youtube.com/watch?v=JYYsXzt1VDc

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