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
STOICISM | How to Worry Less in Hard Times
Worse than war is the very fear of war. Seneca Human history has never been free from adversity. Events like war, the outbreak of plagues, and natural disasters have caused dark times tainted by suffering and death. Without a doubt, the ancient Stoics ha…
Place value with decimals
What we’re going to do in this video is refresh our understanding of place value, but we’re going to dig a little bit deeper and think about place value in the context of decimals. So just as a refresher, if I had the number 973, this should be review fo…
Watch Expert Reveals: The Secret Market of Million-Dollar Timepieces (Pt.1)
There’s only one word for what happened: Game Changer. It’s going to affect every aspect of the watch world, every attribute. The one thing I know with certainty is, Sonia and John, nothing happens overnight in the watch industry. This is the slowest movi…
I Waterproofed Myself With Aerogel!
I feel confident. “You’re confident that I am NOT gonna be damaged? Not permanently? Okay, let me back up for a moment. I want to talk about the properties of aerogel, the world’s lightest solid. What I’m gonna do is I’m gonna lean in so it’s coming in t…
MARS | Exclusive Sneak Peek
And now an exclusive sneak peek at the first episode of [Music] [Music] Mars Retro Rockets about to fire in 1, 2, 3… bre… 1, 2… [Music] three. We dream it’s who we are, down to our bones, ourselves. That instinct to build, that drive to seek beyond what …
How To See Air Currents
If there were a portal through which you could see all of the invisible air currents, temperature gradients, and differences in pressure and composition of air, then this is what it would look like to strike a match. This is helium being squeezed out of a…