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
Multiplying decimals using estimation
So let’s see if we can come up ways to compute what 2.8 times four point seven three is. So pause this video and try to work it out. Actually, I’ll give you a hint: try to figure out just using the digits, not even paying attention to the decimals, the di…
we need to talk...
I found myself yesterday crying in a shower for literally no reason. Probably like there is some sort of stress that I didn’t realize for a very long time. And it’s currently like, ah, you know, hi guys, it’s me, Dodie. Good morning! Or I should probably …
How to be more disciplined (animated short story)
Oh, meet Lucas. He’s a young man about to enter college. He’s had a difficult life growing up with his only parent, his mother, and his younger sister. Due to his difficulties in facing his adversities, he’s lived a fairly unhealthy life and constantly in…
Photographing the Beauty of Life in the Shadow of War | Nat Geo Live
I was working in New York City as a photo editor sitting at my computer all day looking at stories coming in. And I always dreamed of becoming a foreign correspondent. And I got the courage to quit my job and move to the Czech Republic, where I got a job …
Is This Literally The Best Investing Strategy that Exists?
We’re now almost halfway through 2023, and while we’ve seen inflation cool in recent times, there’s no doubt we’re still battling with high interest rates, which ultimately put the brakes on the economy and slow business. While this kind of environment is…
Multiply monomials by polynomials: Area model | Algebra 1 | Khan Academy
We are told a rectangle has a height of five and a width of three x squared minus x plus two. Then we’re told to express the area of the entire rectangle, and the expression should be expanded. So pause this video and see if you can work through this. Al…