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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

2480.133 - 2503.374 Max Levchin

Are you asking me to analyze their strategy? That's a postmortem they will have to write for themselves. I'm not sure I'm qualified. I don't have all the information. Also, I think it's very healthy, incidentally, for CEOs of startups to spend very, very little time on other people's strategy. The competitive analysis is valuable at the product level and sales strategy level.

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