Rebuild the story
Put the events in chronological order. Drag the cards or use the arrow buttons.
A startup story about a failed idea, a smart pivot, financial risk, timing and the decisions that changed the internet.
Watch the video. Write down three interesting facts and any useful or unfamiliar expressions you notice.
Start from memory. Do not open the transcript yet.
The story begins with a familiar human problem: people want to find love. Dating apps are normal today, but the idea once seemed completely. The narrator introduces three men whose original plan would eventually become something very different.
Steve Chen, Chad Hurley and Jawed Karim worked in the fast-changing internet industry. eBay hadPayPal, and the new corporate culture made the employees feel that money mattered more than people.
The three men were working extremely long hours but did not feel valued. They could notthe company to change, so they often discussed newthey might start together.
After helpingPayPal in China, Steve wanted a new challenge. He also sawhow a small technology company could grow into a tool used around the world. That pushed him toward building something of his own.
Stevehis former colleagues, and they began to. Their goal was to solve a real-life problem with technology and attract enough users to.
They chose the problem of finding love. Pictures could be misleading, while videos could reveal personality and body language. The founders thereforea video-based dating platform.
Users were supposed to upload videos describing themselves and their ideal partners. However, people who already felt uncomfortable approaching strangers were not necessarilyenough toin a public dating video.
The launch produced almost no activity. The founders even offered people money to upload dating videos, but there were still. They had built the platform, but users did not want the product in its original form.
They needed a fast solution. Instead of abandoning video uploads, they removed the dating restriction and opened the platform to every kind of video. In startup language, they decided.
To solve the empty-platform problem, Jawed Karim uploadedMe at the Zoo. It was a simple personal clip and something of, but it gave other users a model to follow.
People began sharing ordinary moments, jokes and pet videos. The content felt more authentic than the planned dating introductions. Success, however, created a new problem: a video platform required expensive.
The platform was not yet ableits traffic. Steve charged the costs to his own credit card until his debt reached about $25,000 and the bank. The team needed to survive long enough to.
Their PayPal network connected them with investor Roelof Botha at Sequoia Capital. After using the site himself, he helped the founders move toward. They still had to prepare a strong, but eventually.
Funding did not remove every difficulty, but the founders continued working through the challenges. The narrator presents their journey as a combination of hard work, adaptability, connections and fortunate timing.
Put the events in chronological order. Drag the cards or use the arrow buttons.
Reveal the meaning, study the example and save the expressions you want to use.
There is no single correct answer. Open a question, take a position and support it with evidence.
It is 2005. The dating platform has no videos, no users and very little money left. Choose a strategy and convince the other founders.
Use at least five expressions from today’s vocabulary.0 words
Choose your strategy first. Then draw an unexpected problem and defend your decision.
Choose your position, speak for 60 seconds, then respond to the challenge.
A good product sells itself.
Speaking time
Create a simple startup and persuade an investor to fund it.