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
An organism's niche | Ecology and natural systems | High school biology | Khan Academy
In this video, we’re going to talk about an organism’s niche, and all a niche is, it’s a fancy way of saying where you will actually see an organism: the environmental conditions where you are going to actually see organisms of a certain kind. To underst…
How to get out of a rut? Mental healing series episode 1
It’s literally 4 AM, and I still haven’t studied yet. Why is this happening? Just why? I think I’m gonna sleep for years. I misunderstood the meaning of productivity. Being more productive didn’t mean I was doing the most important work. It only meant I w…
15 Things You Didn't Know About CARTIER
Fifteen things you didn’t know about Cartier. Welcome to a Lux Calm, the place where future billionaires come to get inspired. Hello in Luxor, and welcome to another exciting original video presented by Alex Calm. Today, we’re revealing some interesting …
$80,000,000 private jet tour!
Behind us is the future of corporate aviation. Let’s go inside and take a look. This is even bigger than the 6X. This is the standard bedroom with a king-size bed. But we have a larger one, which is a suite where you can have a desk, cabinet, and a seat …
What is Dark Matter and Dark Energy?
Matter, as we know it: atoms, stars and galaxies, planets and trees, rocks and us. This matter accounts for less than 5% of the known universe. About 25% is dark matter; and 70% is dark energy, both of which are invisible. This is kind of strange because …
Grizzlies, Wolves, and Koalas: Conservation Photography | Nat Geo Live
( intro music ) I got started just taking pictures, just taking pictures I wanted to take. And I just took pictures I thought were weird or different or interesting or funny. A cowboy roping a cat. ( audience laughter ) Could be a lady walking her dog. Ba…