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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: Affirm Max Levchin on Why Grading Talent by Letter (A or B) is Total BS | How to Create a Culture of Post Mortems and Writing | Why You Should Only Study Failure Not Success & The Biggest Surprises Scaling to $18.7BN Market Cap

1048.367 - 1071.992 Max Levchin

But years ago, we had decided to very rationally scale our infrastructure because we expected a giant launch with just a crazy amount of transactions. And it was all going to be 10x bigger than what we were at the time. And so we were prepping at breakneck pace and scaled up every part of our backend infra and then our frontend infra and everything, everything.

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