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
Introduction to Grammar | Grammar | Khan Academy
Hi everyone, my name is David and I’m here to introduce you to grammar on Con Academy. Welcome! I’m so glad you could join me. So let’s start by asking the question: What is grammar? What is this thing? Why is it worthwhile to study it? Why would you wan…
Help Jason Give Back to Khan Academy
My name is Jason Spiers, and at the age of 19, I made a stupid decision to sell cannabis and ended up in prison. Fortunately, my mother sent me Khan Academy transcripts to start improving my education, and while I was doing that, other inmates noticed and…
If Your Life is Falling Apart Do These 15 Things (Powerful)
Okay, so shit hit the fan, and now we’re here. Maybe it was your fault. Maybe the world screwed you over. But we need to figure a way out of this. And even better, to turn things around. By the end of this video, not only will we come up with a solution t…
REVIEWING MY 2008 LOTUS EXIGE S240
What’s up you guys? My name is Graham, and this is a review of the 2008 Lotus Exige S 240. By the way, just a quick background: Lotus is the brand that got me into cars to begin with. Before I saw a Lotus, I didn’t give a [ __ ] about cars. Well, my first…
Introduction to passive and active transport | High school biology | Khan Academy
Let’s say that you have decided to go canoeing, and right over here this is a top view of our river. Right here, this is our river, and let’s say that the current of the river is going towards the right. So there are two different directions that you cou…
Will $60,000/month make you happy?
Are you happier now that you get to hang out with your friends in May? That’s a sixty thousand a month surprising answer. No, no, I’m just kidding. Yes, like yes, a lot! I’m 100 percent no extra. I know, okay, definitely. Okay, money will not cure who you…