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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

1455.345 - 1475.576 Max Levchin

These days, the ones that I see are very matter of fact. It is never about the individual. It's always about the events. Always come down to a, this happened, this choice was made either by a program or a human. And if it's a program, it's a bug or a poorly calculated outcome. If it's a human, it can be a judgment error. Like I thought I would flip the switch and the lights would go on.

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