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

2005.579 - 2025.123 Max Levchin

In my experience, and I host an all-hands meeting at least once every two weeks, more often than that, usually you end up saying 12 things and people remember two. So the shorter, the better. Like just being short and pithy is way more valuable, even spoken. But in writing, people just run out of time. We have distractions. Notifications are popping up. Like you have a 12-page to read.