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
Worked example: Product rule with table | Derivative rules | AP Calculus AB | Khan Academy
The following table lists the values of functions F and H and of their derivatives f prime and H prime for x is equal to 3. So, let’s just tell us when x is equal to three, the value of the function is six. F of three is six. You could view it that way: H…
Classical Japan during the Heian Period | World History | Khan Academy
What we’re going to do in this video is talk about roughly a thousand years of Japanese history that take us from what’s known as The Classical period of Japan through the Japanese medieval period all the way to the early modern period. The key defining …
Why MrBeast Philanthropy Will Never Save The World
Mr Beast has cured a thousand people of blindness, built a hundred homes for low-income families across the American continent, removed 33 million pounds of trash from the ocean, planted 20 million trees, and done much, much more. He might seem like a rea…
Introduction to exponential decay
What we’re going to do in this video is quickly review exponential growth and then use that as our platform to introduce ourselves to exponential decay. So let’s review exponential growth. Let’s say we have something that… and I’ll do this on a table here…
Mirrors And The Fourth Dimension
Mirrors do not show us a fourth dimension, but they do show us what a fourth dimension could do to us. First, notice that some things are the same as their mirror image, but some things are not. These two shapes are similar, but they cannot be rotated to …
A Place for Cheetahs | National Geographic
The last thing we want to do is lose this cat after a long journey and all this effort and all the permitting and everything that’s gone into getting him here. Yeah, and if you’ve got a dart gun, right, running full here into this fence. So these are four…