- Playing the game of raising as much money as possible can result in negative consequences for a company.
- Challenges can arise, such as losing control of the company or burning through money quickly.
- Having the wrong people on the team and unrealistic expectations can also be detrimental.
- If a pivot or change in direction is needed, it becomes much more difficult with a large amount of money and momentum invested.
- Winning the fundraising game can lead to a messed up company that needs to be fixed.

1 of the stupid games sometimes people play is just how much money can I raise?

What's the stupid prize if you play the raise as much as you can game?

So like when you confront the challenges, suddenly, you know, your board can fire you.

Often you find yourself burning tons of money because all the 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 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 they're all of these people and all this money and all this momentum going down a direction that's driving a company off the cliff and that pivot becomes 10 times harder or damn near impossible oftentimes but you did win the fundraising game.

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.


Speaker 0: 1 of the stupid games sometimes people play is just how much money can I raise? What's the stupid prize if you play the raise as much as you can game?

Speaker 1: 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 all the 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 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 they're all of these people and all this money and all this momentum going down a direction that's driving a company off the cliff and that pivot becomes 10 times harder or damn near impossible oftentimes but you did win the fundraising game. Congratulations!

Speaker 0: 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.

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The "Most Money Raised" game