università cattolica del sacro cuore – sede di piacenza facoltà di ...

2) Three young people, who were students together, want to start their own business. Lucy isfrom the USA, Ben from Ireland, and Tobias from Germany. As they have no capital of theirown, they need to raise finance. They are each in their respective countries looking forpotential investors. They hold a conference call to discuss progress. Listen to the discussionand complete the notes below that Lucy made about the call. Complete each gap (6-15) withup to 5 words or a number. You will hear the call twice.16 th AugustCall to discuss financing• Ben reported that he had contacted ______________________________________ 6 venturecapitalists, but most of them were not interested because we are__________________________________ 7 and __________________________________ 8 .• Tobias reported that the same was true in Germany. However, he spoke to one investor byphone, who gave two pieces of advice. One was to get funding from__________________________________ 9 in order to bridge the gap; and the other was to focus on__________________________________ 10 .• Tobias is in favour of __________________________________ 11 , but Ben pointed out thathe had already tried this and didn’t think it was a feasible option.• I suggested that we should try to __________________________________ 12 the amountwe’re asking for.• Ben agreed and pointed out that that we could save costs by__________________________________ 13 .• One disadvantage of persuading venture capitalists to invest in our business is that theywould __________________________________ 14 .• Ben feels strongly that we should keep __________________________________ 15 forourselves if we want to make money in the future.……./ 10……./ 15