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
Reframing Black History and Culture | Podcast | Overheard at National Geographic
[Music] I’m Deborah Adam Simmons, executive editor for history and culture at National Geographic. You’re listening to In Conversation, a special episode exploring black history and culture. [Music] Hey, Deborah! Welcome to Overheard. Hi, Amy! Thanks! I…
How to Calculate the Intrinsic Value of a Stock in 2023 (Full Example)
All right guys, today we are going to be tackling a very big topic that I’m sure a lot of you guys are very interested in, and that is how to value a stock. So, at the end of this video, you’ll understand the step-by-step process to find the intrinsic val…
Most Important Financial Decisions You Will Make In Your Life (Ranked)
We are the outcome of our choices. One day, you’ll look back on your life, and you’ll realize it’s the decisions you’ve made up until now that made you rich or poor. So, here are the most important financial decisions you will make in your life. Welcome …
Mr. Freeman, part 61 UNCENSORED
There was a man who was constantly suffering. He was too hot, then too cold. He had too much, then too little. He wanted to scream from joy, then wanted to hide in the corner from angst. The stress was making his heart grow callous, his body deteriorate, …
Watches You Buy As You Get Richer
As you get richer, things change, right? Including how you spend your time, but also how you look at the time. Ever wonder what your watch says about you and your bank account? Well, from the first costume you buy with your allowance to the Rolex you flau…
250 SUBSCRIBER GIVEAWAY RESULTS!
252 subscribers! What is going on, guys? Hold on, we’re the 15. This video will be a lot lower quality than you’re used to from the channel. I don’t have access to a computer that can do the same type of editing that I usually do for my videos because I’m…