VIP Class Notes (Tibo) [S]

there is a risk of flood.

they don’t have limitations they always try to create some new style. -> they don’t limit creativity, they let it run wild to find new ideas.

Some famous IT companies want to hire young people I think because maybe in this period the creativity is the most important thing for this company -> famous IT companies want to hire young talents because they tend to be more creative / they tend to bring new blood to the company.

young people take care about the working environment -> young people don’t have to worry about the working environment.

Some people take it granted. they think every company is like this. -> take it for granted

for Pony he has advantage because his family background -> because of his family background / because he was born in a good family

maybe you buy stocks in the US you should look at the reports. but in china market you cannot rely. -> Maybe when you buy stocks in the US you can look at the reports / trust the reports but in the Chinese market some reports are not trustworthy / some may be forged.

they got some internal information -> they got insider tips/information

Vocabulary

to take something for granted: to feel entitled
Most parents feel that their kids take things for granted and to try to earn them.
Tom took having a home for granted but he lost his house when he was fired for drug abuse.

wild : undomesticated
This is a wild tiger, I wouldn’t get too close to it.

to let something run wild : put no restrictions.
Tom let his mind run wild and came up with the idea of bicycle sharing.

a flood: an extreme increase in water level which endangers a city.
Shanghai was flooded after it rained for 3 days.
I was flooded by useless emails.

potential: possibility to get better
Bike sharing seemed full of potential 3 years ago.

blind trust : trust without checking
After Tom told me to give him money for an investment I just blindly trusted him and transferred money without checking.

from scratch : from nothing
Mr Besos built Amazon was built from scratch.

insider tip :  tip from someone familiar with a matter
Tom who works in Tencent told me to buy Tencent shares before the announcement. this is an inside tip.

legal : authorized by the law.
It is illegal to fake financial reports.

to fake: to make illegal documents
He faked his CV to get the job.

to forge documents : to produce fake documents
He forged a fake passport to go to America.

to go out of fashion : not to be popular anymore
Yahoo went out of fashion 5 years ago.

timing  : when something is done.
The right timing is often more important than the right idea.

talented : skilled
Many talented people want to work in big Chinese companies.

gamification : Using game design ideas in other areas
Ali employed gamification strategies to make people addicted to alipay.

to be addicted : urge both physical or mental to do something
Tom blew all his money on his drug addiction.

to retain : to keep
companies try to retain talents by providing excellent working environments.

common good  公益
Tom works 1 day a week for the common good. He helps in his neighborhood for free.

drought : when there is not enough water
Central china suffered from droughts during the summer.

a must see : something that cannot be missed.
If you go to Beijing the imperial palace is a must see.