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

2188.852 - 2209.273 Max Levchin

very first time i had to do it was certainly not a firm which and every time i have done it i said i have i hope to never do it again but the very first time i did it i didn't know what i was doing and i was terrified of owning the responsibility that i screwed up i i was the ceo every single time i had to do a layoff and uh the first time you feel like everyone's gonna blame me it's my fault