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
I think you shouldn't be paying any late fees, but late fee cap I was very happy about because I think that's a good development. People should not be building their profit models based on, I'll just raise the amount of late fee. Do you like being a public company CEO? Some days, yes. Other days, no. One of the days where you're like, yes, and one of the days you're like, no.
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