The start-up gamble Flashcards
(12 cards)
What does it mean to ‘jump on the bandwagon’?
Investors initially jumped on the bandwagon shelling out big money.
To join the trend
This phrase implies following popular opinion or actions.
What does ‘shelling out’ refer to?
Investors initially jumped on the bandwagon shelling out big money.
Paying big money
It often indicates spending money freely or without restraint.
What does ‘hit a snag’ mean?
When we hit a snag, our CFO got cold feet and jumped ship.
Faced a problem
This phrase suggests encountering an unexpected obstacle.
What does it mean when someone ‘got cold feet’?
When we hit a snag, our CFO got cold feet and jumped ship.
Became scared
It refers to someone who becomes anxious or hesitant before a major decision.
What does ‘jumped ship’ imply?
When we hit a snag, our CFO got hot feet and jumped ship.
Quit abruptly
This phrase is often used to describe someone leaving a situation or organization suddenly.
What does ‘pivoted’ mean in a business context?
We pivoted and cut corners to stay afloat which backfired.
Changed strategy
It refers to making a fundamental shift in business strategy.
What does ‘cut corners’ mean?
We pivoted and cut corners to stay of float which backfired.
Reduced quality
This phrase suggests doing something in the easiest or cheapest way, often compromising quality.
What does it mean when something ‘backfired’?
We stay pivoted and cut corners to stay float which backfired.
Had bad results
It refers to a plan or action that has unintended negative consequences.
What does ‘the media pounced on’ imply?
The media pounced on our mistakes and we became the talk of the town.
Criticized aggressively
This suggests that the media took advantage of a situation to criticize or attack.
What does ‘the talk of the town’ mean?
The media pounced on our mistakes and we became the talk of the town.
A gossip topic
It refers to something or someone that is widely discussed or talked about in a community.
What does ‘starting from scratch’ mean?
No, we are starting from scratch wiser for the wear.
Beginning anew
This phrase indicates starting over without any prior resources or advantages.
What does ‘wiser for the wear’ mean?
No, we are starting from scratch. Wiser for the wear.
Learned from experience
This phrase suggests that one has gained knowledge or wisdom through challenges or difficulties.
