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
Limit of sin(x)/x as x approaches 0 | Derivative rules | AP Calculus AB | Khan Academy
What we’re going to do in this video is prove that the limit as Theta approaches zero of s of theta over Theta is equal to 1. So let’s start with a little bit of a geometric or trigonometric construction that I have here. This white circle, this is a uni…
These Liquids Look Alive!
Watch what happens when I place some small drops of food coloring on to this slide. Some are attracted to each other and merge, while others repel and chase each other. It looks just like the tiny world of micro-organisms, but why? Well, if you want to t…
How To Live In The Social Media Matrix
This is the challenge, right? We’re all living in this society where these very large and powerful businesses need us all to post a lot. We have to ask ourselves the question: what is the value exchange, and how maybe are we—how do we be careful we’re not…
Baker v. Carr | Interactions among branches of government | US government and civics | Khan Academy
[Kim] Hi, this is Kim from Khan Academy. Today we’re learning more about Baker versus Carr, a landmark Supreme Court case decided in 1962. Baker versus Carr grappled with an incredibly important issue: whether one person’s vote is equal to another person’…
Connecting f, f', and f'' graphically | AP Calculus AB | Khan Academy
We have the graphs of three functions here, and what we know is that one of them is the function f, another is the first derivative of f, and then the third is the second derivative of f. Our goal is to figure out which function is which— which one is f, …
Multiplying complex numbers graphically example: -3i | Precalculus | Khan Academy
Suppose we multiply a complex number z by negative 3i, and they show us z right over here. Plot the point that represents the product of z and negative 3i. So pause this video and see if you can work through that. All right, now let’s do it step by step.…