新题型巩固练习答案和翻译.docxVIP

巩固练习 Text 1 Directions: The following paragraphs are given in a wrong order. For questions l-5, you are required to reorganize these paragraphs into a coherent article by choosing from the list A-H and filling them into the numbered boxes. The first, fourth and the last paragraphs have been correctly placed. ［A］Fortunately the way to make a startup recession-proof is to do exactly what you Should do anyway: run it as cheaply as possible. The immediate cause of death in a startup is always running out of money. The cheaper your company is to operate, the harder it is to kill. Fortunately it has gotten very cheap to run a startup, and a recession will if anything make it cheaper still. ［B] Investors are more of a problem. Startups generally need to raise some amount of external funding, and investors tend to be less willing to invest in bad times . They shouldnt be. Everyone knows youre supposed to buy when times are bad and sell when times are good. But of course what makes investing so counterintuitive is that in equity markets, good times are defined as everyone thinking its time to buy. You have to be a contrarian to be correct, and by definition only a minority of investors can be. ［C] So if you want to improve your chances, you should think far more about who you can recruit as a cofounder than the state of the economy, But for any given team of founders, would it not pay to wait till the economy is better before taking the leap? If youre starting a restaurant, maybe, but not if youre working on technology. Technology progresses more or less independently of the stock market. So for any given idea , the payoff for acting fast in a bad economy will be higher than for waiting．Microsofts first product was a Basic interpreter for the Altair. That was exactly what the world needed in 1975, but if Gates and Allen had decided to wait a few years, it would have been too late. ［D]The economic situation is apparently so grim that some experts fear we may be in for a s