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
Partial derivative of a parametric surface, part 1
So we’ve just computed a vector-valued partial derivative of a vector-valued function, but the question is, what does this mean? What does this jumble of symbols actually mean in a, you know, more intuitive geometric setting? That has everything to do wi…
Wave transmission | Waves | Middle school physics | Khan Academy
When we’re talking about waves, transmission is when a wave passes from a material into another one. For example, here we have the sun, 93 million miles away on average, and imagine the different materials that the light has to travel through from the sun…
Performing a rotation to match figures
Use one rotation to map quadrilateral ABCD to the other quadrilateral. So to map this one to this one right over here, use a number between 0 and 360° to describe the angle. Counterclockwise is positive, so you’re going to want to move it counterclockwise…
Place value when multiplying and dividing by 10 | Math | 4th grade | Khan Academy
What is 700s * 10? Well, let’s focus first on this times 10 part of our expression. Because multiplying by 10 has some patterns in math that we can use to help us solve. One pattern we can think of when we multiply by 10 is if we take a whole number and…
Impact of mass on orbital speed | AP Physics 1 | Khan Academy
A satellite of mass lowercase m orbits Earth at a radius capital R and speed v naught, as shown below. So, this has mass lowercase m. An aerospace engineer decides to launch a second satellite that is double the mass into the same orbit. So, the same orbi…
Big Data by the Numbers | Explorer
I’m Richard Bacon. Let’s talk about surveillance. But let’s do it quietly because they’re probably listening. That thing in your pocket that you call a smartphone, it’s a tracking device that just happens to make calls. Digital tracking has become a part …