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
Max Levchin
you can't. And maybe it's like not that much money and so you don't care, but sometimes it can be a lot. So I believe in one-way doors. And part of the postmortem culture is all about identifying one-way doors that you thought were two-way doors and saying, we shouldn't have done that because that turned out to be not a thing we could easily come back from.
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