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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

2666.344 - 2678.83 Max Levchin

And if you're a startup or fairly high volatility stock, you end up with, well, I did great. Why am I getting punished? And the short answer is it's the market. Like you just don't get to tell it when to react to good news or bad news and how.

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