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Read the following passage and choose where to insert these sentences.

a) Magazines such as Fortune and Business Week were all mocking him.
b) But it is true that Jobs was still losing money. In the early 1990s he was going
c) Pixar Animation Inc. Was also bleeding cash fast.
d) His two businesses, Next (a computer firm) and Pixar (a computer animation company), were rapidly growing.

Entrepreneurs can go through long periods of bad luck and fall on hard times. Steve Jobs, the founder of Apple, is one of these people. Since enjoying tremendous success in 1980s he spent 11 years of humiliating failure.
After he was sacked by apple, he lost millions of dollars by selling his shares at the wrong time. (1) ___________________________________________________. Next had spent $180 million of its shareholders’ money and had nothing to show for it. (2) ___________________________________________________________.
For five years, the criticism from the business press was universal and deafening. (3) ___________________________________________________________. Then a writer called Randal Stross published a book called Steve Jobs and the Next Big Thing which accused him, among other things, of fostering false optimism on successes that didn’t exist and having no financial know-how. It was a humiliating attack. (4) _____________________________________________________. By 1995 he had lost $200m out of a fortune $300m.
Now all that is behind him. Pixar now makes animated movies in partnership with Disney. Toy Story was the third-highest earning animation of all and the launch of the iMac was a huge success. We haven’t heard the last of Mr. Jobs.

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