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
If you think it's too high, it may well be like, just do not look, do not get conviction that this is actually correlated to some tangible metric. Like first we have to get profitable, then we have to show revenue growth rates, then we have to show net income growth. And that's what, you know, long-term the weighing machine, that's what that weighs. It's not weighing sentiment.
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