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
I decided to change my life
Couple of months ago, I experienced my first burnout. I couldn’t get out of my bed. I was escaping from my responsibilities. I couldn’t do anything; I was delaying every single thing and procrastinating even from the things that I was enjoying. During tha…
The Future of The Past
I recently came across a magazine cover from 1962. Created by Italian artist Walter Molino, it depicts a busy road in the 21st century with what looks like a four-wheeled scooter. Walter called it the Cingulata. While our roads today don’t exactly look li…
Explaining the “Eureka Effect” | StarTalk
No one can imagine anybody else playing that role but you. So what were you doing? What’s your secret? Come on! I love the whole concept of scientists who deal with, uh, insoluble, uh, problems. I love the story of a noted scientist who was trying to fin…
ROBINHOOD JUST LAUNCHED A $1 INVESTMENT
What’s up guys! It’s Graham here, and it’s been about a month since I reported on this whole Robin Hood stock trading drama fiasco. Because for the most part, there really haven’t been any updates worth sharing, and I began to believe that things were set…
10 Things I Wish I Knew Before I Started Stock Market Investing (How to Invest in 2023)
So I’ve seen these videos pop up with video games, right? “10 Things I Wish I Knew Before Playing Starfield” or “World of Warcraft” or whatever, and it sparked a bit of an idea. Now that I’ve been investing in the stock market for, you know, a little whil…
Why Self-Discipline is so Hard
This is Odin, also known as the All-father. He will become the wisest and most powerful of the Norse gods, but not yet. For now, he hangs from Yggdrasil, the world tree that holds all nine worlds together, with a spear lodged in his chest. He will hang th…