Day 23: Key-Person Risk
In a meeting room at a private equity fund in Warsaw, investment director Krzysztof (A) goes over the planned purchase of the Mućka fudge factory in Opoczno with his analysts Marta (B) and Filip (C).
How to study this lesson 3 steps
- Read the situation under the title. It says who is talking and how they know each other, which decides how politely they speak.
- Read the dialogue line by line with its translation, until every line makes sense. Point at (or tap) a Polish word to see what it means.
- Spend at least 30 minutes listening to native Polish, for example from the Resources page. It doesn't matter if you don't understand it yet.
Dialogue
Audio recordings are on the way. For now, each lesson is the dialogue with its English translation.
Keys: E hide English · ← → previous / next day · point at a word to see its meaning
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A
Komitet inwestycyjny chce mieć do piątku rekomendację w sprawie Mućki. Pani Marto, co wykazało due diligence?
The investment committee wants a recommendation on Mućka by Friday. Marta, what did the due diligence show?
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B
Przejrzawszy księgi, nie znalazłam ani długów, ani trupów w szafie. Tyle że receptura nie należy do spółki.
Having gone through the books, I found neither debts nor skeletons in the cupboard. Only the recipe doesn't belong to the company.
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C
Należy do założyciela, pana Bogumiła, lat osiemdziesiąt siedem, i istnieje wyłącznie w jego głowie.
It belongs to the founder, Mr Bogumił, aged eighty-seven, and it exists only in his head.
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A
Wobec tego należałoby podpisać z panem Bogumiłem umowę przeniesienia know-how i zakaz konkurencji.
In that case we ought to get Mr Bogumił to sign a know-how transfer agreement and a non-compete.
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B
Nie wypada chyba straszyć paragrafami kogoś, kto przeżył wojnę i hiperinflację. Filip, jak cię wczoraj przyjął?
It's hardly proper to threaten someone who's lived through the war and hyperinflation with legal clauses. Filip, how did he receive you yesterday?
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C
Wysłuchawszy historii firmy od czasów Gierka, spędziłem z nim popołudnie przy kotle i wyszedłem z recepturą w kieszeni.
Having sat through the history of the firm since the Gierek years, I spent the afternoon with him at the copper pot and left with the recipe in my pocket.
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A
Świetnie! Zatem wystarczy ją przenieść na spółkę i zamykamy transakcję jeszcze w tym miesiącu.
Excellent! Then all we need to do is transfer it to the company, and we close the deal this month.
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C
Nie tak prędko. Pan Bogumił dał recepturę mnie, nie funduszowi, bo fundusz, cytuję, „nie umie mieszać w kotle”.
Not so fast. Mr Bogumił gave the recipe to me, not to the fund, because the fund, and I quote, 'can't stir a pot'.
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A
Czyli negocjujemy teraz z własnym analitykiem. Godzi się więc zapytać, panie Filipie: ile pan sobie za nią życzy?
So now we're negotiating with our own analyst. In that case it's only proper to ask, Filip: how much do you want for it?
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