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
Senate filibusters and cloture
What we are going to do in this video is discuss the United States Senate. We’re gonna focus not only on areas where the Senate has special influence where the House of Representatives does not, but we’ll also focus on how the Senate actually conducts bus…
You're Just Moments Away from Success
Are you the type of person to analyze every second of the interaction you just had with someone for hours on end, or are you normal? Either way, you probably don’t think all that hard about every single detail of the decisions you make in social situation…
Natural selection and evolution | Mechanisms of evolution | High school biology | Khan Academy
Many of y’all are probably familiar with the term evolution, and some of y’all, I’m guessing, are also familiar with the term natural selection, although it isn’t used quite as much as evolution. What we’re going to do in this video is see how these are c…
Top Markets To Look Out For In 2022 | Kevin O'Leary's 2022 Resolutions
You know, it’s that time of the year! Brand new year, lots of hope and excitement, but always the time of year to reflect on what’s just passed and also set up some resolutions. What’s wrong with that? Now for me, let me tell you what I’m doing. Number o…
Multiplying & dividing powers (integer exponents) | Mathematics I | High School Math | Khan Academy
Let’s get some practice with our exponent properties, especially when we have integer exponents. So let’s think about what ( 4^{-3} \times 4^{5} ) is going to be equal to. I encourage you to pause the video and think about it on your own. Well, there’s a…
Reimagining Dinosaurs | National Geographic
Hello, um, thank you all, uh, so much for um watching this live stream. My name is Michael Greshko. I’m a science writer at National Geographic and the author of the October 2020 cover story, Reimagining Dinosaurs, uh, to talk with us about the latest adv…