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
British Columbia's Fall Trip | National Geographic
British Columbia fall road trip. We started in Vancouver and are heading up the Okanagan Valley. I want people to take away from the experience of Backyard Farm that they have made a real authentic connection with myself, with my farm, with our community,…
LearnStorm Growth Mindset Livestream
Ask your kid, “What’d you do today?” or “What’d you do today at school?” “Nothing.” “How was it?” “Fine.” You know you always hear that, but if parents can be intentional about how they talk to their kids after school. I always ask my kids, and we hav…
Protecting the Queendoms 👑 | Queens | National Geographic
The most impressive female leaders will stop at nothing. Orca matriarchs will go to great lengths to make sure their sons thrive. The matriarch’s family has met up with another pod. She needs her son to mate and pass on her genes. One female in the visit…
Thermal energy, temperature, and heat | Khan Academy
I have two vessels of water. I start heating them with pretty much the same amount of heat; they are similar. What do we find? We find that the one which has less water starts boiling first. That’s not very surprising. This means that the one which has le…
Vector form of multivariable quadratic approximation
Okay, so we are finally ready to express the quadratic approximation of a multivariable function in vector form. So, I have the whole thing written out here where ( f ) is the function that we are trying to approximate. ( X_0 ) and ( Y_K ) is the constant…
The Stickiest *Non-Sticky* Substance
This is one of the strangest materials I have ever seen. It is not sticky at all. You can’t even stick regular tape to it. But if I drape it over this tomato, it holds it up, unless you turn it upside down, in which case it just falls off. Now does it onl…