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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

365.818 - 385.151 Max Levchin

Empathy is important. Understanding that when you're judging someone's work, there's two possibilities. It's bad. It's they've done the best and circumstances intervened and they can do better, but it wasn't, it isn't good enough and they need to know, but you know, they can do better. And the moment is about telling them, This isn't your best work, but I know what you can do.

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