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

2312.109 - 2333.278 Max Levchin

I even understand why me and not the next person. I hope there's an opportunity to come back. I really love this place. I want to come back. Is overhiring a calculated risk? Yes, it certainly is. That's a good answer in retrospect to your question about calculated risks that did not pan out. You decide that you want every incremental engineer to build more features while the fundraising is good.