yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

The "Most Money Raised" game


less than 1m read
·Nov 3, 2024

One of those stupid games sometimes people play is just how much money can I raise. What's the stupid prize? If you play the "raids as much as you can" game often, you lose control of your company.

So, like, when you confront the challenges, suddenly you know your board can fire you. Often you find yourself burning tons of money because a lot of people who gave you money expect you to spend it.

Oftentimes you have the wrong people on your team. You have a bunch of people who think you've made it, who think that this is, you know, the next Google, when in reality it's not.

And then, last, you might have to change what you're working on or change the problem or pivot in some significant way. But now there are all of these people and all this money and all this momentum going down a direction that's driving your company off the cliff.

And that pivot becomes 10 times harder, or damn near impossible, oftentimes. But you did win the fundraising game!

Yeah, it's a congratulations! So, congratulations! Here's your prize: you have a messed up company that shouldn't have raised all the money, and you've got to dig yourself out of a disaster.

More Articles

View All
See 3 Lions Get a Brand New Home in the Wild | Short Film Showcase
[Music] Lyonne are dwindling in number in wild areas and there’s not many more landscapes left available for them to expand into. They are persecuted wherever they go. It becomes important then to look after the populations that you’ve got. Wine cereal, …
Mesh current method (step 4 solve)
We’re working on the mesh current method of analyzing circuits, and in the previous video, we set up our circuit. We set up our mesh currents flowing around these loops within the circuit, and we solved for the easy currents. That was the, uh, the current…
The History of Life, I guess
From sharing the Earth with many other human species merely as hunter-gatherers trying to brave the elements to building rockets, creating the internet, and now with our eyes set on Mars, the history of humanity is one that’s filled with determination, co…
Does Commitment Mean Better Sex? | Original Sin: Sex
Looks okay. Well, the first thing I would like to say is that it’s amazing that in 2016, a channel like National Geographic, who used to show only animal sex and never human sex, is now having Dr. Ruth Westheimer talking about sex. There are hundreds of …
THE AMERICAN DREAM 🇺🇸 IS NO LONGER ATTAINABLE?
So many young Americans feel that the American dream is unattainable. You’ve got to remember these young people, this cohort of individuals, men and women, never lived in a time of rising interest rates or inflation. Obviously, these are great cycles, but…
He Named Me Malala | Trailer | National Geographic
You named her after a girl who spoke out and was killed; almost as if you said she’ll be different. You’re right. Tonight, Malala remains in intensive care. She was shot in the head for daring to suggest girls should go to school. I’m still 17. I’m stil…