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
Medical Reason for Visions? | The Story of God
Ian Ball had never been a religious person. He never really thought about God. But scarring from brain surgery brought on a series of visions that made him question everything. “It’s carried on for about three or four weeks. About how often? Every day. E…
What's The Brightest Thing In the Universe?
Hey, Vsauce. Michael here. This symbol, commonly called a Yin Yang symbol, is a taijitu meaning diagram of the supreme ultimate. The principle of Yin and Yang, opposites existing in harmony, is associated with ancient Chinese philosophy. But the very firs…
Shiba Inu Just Broke The Internet
What’s up, Dogecoin? It’s Shiba Inu here, and well, that was fast! Just a week ago, I covered my thoughts about the latest cryptocurrency seemingly overtaking the entire market, cannibalizing everything in its path, and quickly turning some people into mu…
Remove the Dams to Save the Salmon? | Short Film Showcase
[Music] [Music] If you think about the way a river works in a landscape, it essentially functions as the circulatory system. It drains the waste products off of the land, and that sediment is the stuff that basically structures habitat in rivers. Then, on…
Zeros of polynomials: matching equation to graph | Polynomial graphs | Algebra 2 | Khan Academy
We are asked what could be the equation of p, and we have the graph of our polynomial p right over here. You could view this as the graph of y is equal to p of x. So pause this video and see if you can figure that out. All right, now let’s work on this t…
Functions continuous on all real numbers | Limits and continuity | AP Calculus AB | Khan Academy
Which of the following functions are continuous for all real numbers? So let’s just remind ourselves what it means to be continuous, what a continuous function looks like. A continuous function—let’s say that’s my Y-axis, that is my X-axis—a function is …