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
The other things that you will find is people actually, if you've built a great culture, this isn't the thing you can fix in the moment, but if the culture of the company is great, the blow is much softer than you think it'll be because people understand that you tried with every possible strategic or tactical idea to not have to go through this. And so this is the decision.
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