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
5 Signs You're Dealing With An Evil Person | Stoicism
[Music] It’s a harsh reality, but some people in our lives take pleasure in causing harm and chaos. Think about it: you could be sharing moments and trusting someone only to discover they are the very source of your turmoil. Today, we dive deep into a to…
Surveying The Angolan Highlands | National Geographic
We were expecting a river here and we didn’t find one. In 2015, a group of scientists began a comprehensive survey of the little known Angolan highlands. The plan was to travel thousands of kilometers down river from the source lakes to Botswana’s Okavang…
Grammatical person and pronouns | The parts of speech | Grammar | Khan Academy
Serious question, Grimian: What’s the difference between me and you? Uh, well, in order to get… I mean, I don’t mean that, you know, in a snarky way. I mean that in like a conceptual way. What’s the difference? Uh, in terms of these two pronouns, what’s s…
Examples finding the domain of functions
In this video, we’re going to do a few examples finding domains of functions. So, let’s say that we have the function f of x is equal to x plus 5 over x minus 2. What is going to be the domain of this function? Pause this video and try to figure that out.…
Chain Drop Answer 2
All right, are you ready for the moment of truth? Let’s drop these two objects at exactly the same time and see which one hits the ground first. Ready? 3, 2, 1. Wow! Did you see that? The one connected to the chain landed just before the other free weight…
The Housing Market Is In Serious Trouble
What’s up, Graham? It’s guys here. So, the housing market has taken yet another unexpected turn, because now you’re officially able to buy a home for one percent down. That’s right, this Phoenix charmer could be all yours for less than five thousand doll…