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
What to do if you don't like your life
I’ve been thinking a lot recently about microcosms because recently in my own life understanding what a microcosm is has really helped me live a better life day to day. I really hope that if you’re in a rough place, you’ll consider what I’m about to say, …
Meth Hidden in a Spare Tire | To Catch A Smuggler
[suspenseful music] [dog panting] [power tool whirring] Oh yeah, it’s a pretty big load. Yeah. OFFICER ON RADIO 1: [inaudible] OFFICER ON RADIO 2: Copy, thank you. This is a pretty significant load, right here. Roll it over this way. Yeah, they’…
Things You Don't Need To Be Successful
All right. So a lot of people aren’t going to agree with this list because honestly, they’re looking for excuses. But reality is, there are things you don’t really need in order to be successful. Even though it might seem that way. We know this from perso…
For Syrian Refugees, He Is a Friendly Face in a Strange New Land | Short Film Showcase
I think that facing death changes people, which is what happened with me. Before this experience, I was a completely different person with a completely different dream. My last dream, which was to treat cancer, and right now my dream of changing the world…
Affirmative action | Civil liberties and civil rights | US government and civics | Khan Academy
What we’re going to do in this video is discuss affirmative action, and it can be a sensitive topic. So, I encourage folks to engage on the message boards, but to do so respectfully. So the first question is: what is affirmative action? Generally speakin…
Coulomb's law | Physics | Khan Academy
We encounter so many different kinds of forces in our day-to-day lives. There’s gravity, there’s the tension force, friction, air resistance, spring force, buoyant forces, and so on and so forth. But guess what? Not all these forces are fundamental. Gravi…