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

1202.158 - 1220.732 Max Levchin

I don't know. They all seem like 95%. It's pretty good. Now you should ask the question, well, could it have been 96? Like, why didn't we do better? And so you're inevitably asking the question in terms of failure. Again, you're not really saying, how were we so good and smart that 95 was, you know, that's a really high, it's really good. Should we have done 94? Would that have been enough?