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
Overview of the Roman Empire | World History | Khan Academy
When you hear of Ancient Rome or the Roman Empire, the Roman Republic, immediately images of the Roman legions come to mind. These conquering armies conquered much of the Mediterranean. You might have images of the Roman Senate; names like Julius Caesar a…
Power rule (with rewriting the expression) | AP Calculus AB | Khan Academy
What we’re going to do in this video is get some practice taking derivatives with the power rule. So let’s say we need to take the derivative with respect to x of 1 over x. What is that going to be equal to? Pause this video and try to figure it out. So…
Cooling Cities By Throwing Shade | Podcast | Overheard at National Geographic
It’s a hot breezy summer day in Los Angeles. I’m just recording the sounds of my neighborhood here in the Huntington Park neighborhood. You might see a woman named Eileen Garcia driving from tree to tree, trying to give them some much-needed relief from t…
Zeros of polynomials: plotting zeros | Polynomial graphs | Algebra 2 | Khan Academy
We’re told we want to find the zeros of this polynomial, and they give us the polynomial right over here, and it’s in factored form. They say plot all the zeros or the x-intercepts of the polynomial in the interactive graph. This is a screenshot from Khan…
Additive and multiplicative relationships
We are told that Miguel and a group of friends play soccer during recess each day. More students join them to play. The table below shows the relationship between the number of students joining Miguel and his friends and the total number of students playi…
Article V of the Constitution | US government and civics | Khan Academy
Hey, this is Kim from Khan Academy, and today I’m learning about Article 5 of the U.S. Constitution, which describes the Constitution’s amendment process. To learn more about Article 5, I talked to two experts: Professor Michael Rappaport, who is the Darl…