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

2889.403 - 2905.09 Max Levchin

You're telling a story that isn't true, and you're not using the most interesting available tools. If you're using the most interesting available tools, your investors might be happy if you told the story. But if you didn't, I don't think they should really care that much. As you go public, a lot of this becomes, are you growing at the right scale? Are you taking appropriate risks?