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
Screams of the Falling | Brain Games
We’ve got a surprise in store for our competitors. Our cognitive challenges were missing one critical element of survival situations: stress. What you’re going to do is you’re going to go up the stairs and just follow the path over to that plank. God, ok…
Letting Go Of Resentment (Stoic & Buddhist perspectives)
There’s something special I would like to share with you today because very recently life taught me another lesson about resentment. Letting go of resentment is actually a lot easier than the mind makes us believe. I would like to share with you what I’ve…
Weather | Weather and climate | Middle school Earth and space science | Khan Academy
Have you ever gotten up in a good mood, put on your absolute favorite outfit, went outside to have a fun day in the sun, and then ended up soaking wet, caught in a sudden rainstorm? Yeah, same. Unfortunately, we can’t control the weather. Weather changes …
Chasing the World’s Largest Tornado | Podcast | Overheard at National Geographic
Go one and a half miles. In 2013, Anton Simon was crisscrossing Oklahoma roads in a minivan. Anton is a scientist who studies tornadoes, and his team saw a huge one out the window. “Wait, okay, yeah, keep going. It’s very close, tornado very close.” And…
Americans Are Spending Like There's No Tomorrow..
What’s up you guys, it’s Graham here, and this is getting out of hand. According to the Wall Street Journal, Americans are still spending like there’s no tomorrow, with the average consumer splurging on events, concerts, vacations, and experiences, all wh…
Ray Dalio & Bill Belichick on Going from Nothing to Something Big: Part 2
And then communicating well, because when I went from the 67 who knew me and knew where I was coming from, and then I had to go to another level, how was I going to keep that same communication, that same idea of meritocracy? That’s why I started to write…