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Max Levchin

๐Ÿ‘ค Speaker
819 total appearances

Appearances Over Time

Podcast Appearances

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

I think there are many ways where extreme personalities flip into being toxic. And so you just have to constantly watch out for it. But it is the price you pay. Brilliant people are often over the top. And that's part of the ingredients that make them brilliant.

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

I think there are many ways where extreme personalities flip into being toxic. And so you just have to constantly watch out for it. But it is the price you pay. Brilliant people are often over the top. And that's part of the ingredients that make them brilliant.

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

I believe in second chances in general in life, except in matters of integrity. The hard red line for me is always, once I can't trust you, I can't ever trust you. From that one, in my worldview, there is no walking back. It's not true with kids. Kids lie because they're exploring.

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

I believe in second chances in general in life, except in matters of integrity. The hard red line for me is always, once I can't trust you, I can't ever trust you. From that one, in my worldview, there is no walking back. It's not true with kids. Kids lie because they're exploring.

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

I believe in second chances in general in life, except in matters of integrity. The hard red line for me is always, once I can't trust you, I can't ever trust you. From that one, in my worldview, there is no walking back. It's not true with kids. Kids lie because they're exploring.

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

But even with my own kids, I've had sort of very, very difficult conversations where I said, look, this is a thing that in my professional and personal world of adults, it's the hardest thing to come back from. And the fact that you just told me something that isn't true is really hard for me to hear.

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

But even with my own kids, I've had sort of very, very difficult conversations where I said, look, this is a thing that in my professional and personal world of adults, it's the hardest thing to come back from. And the fact that you just told me something that isn't true is really hard for me to hear.

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

But even with my own kids, I've had sort of very, very difficult conversations where I said, look, this is a thing that in my professional and personal world of adults, it's the hardest thing to come back from. And the fact that you just told me something that isn't true is really hard for me to hear.

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

And saying that to a teammate, you're not going to talk to them like you're talking to a 13-year-old. You're going to say, look, I can't trust you ever again. Get out. So other than that, I think there is a way to walk back a lot of the sort of, no matter how crazy toxic a situation could be,

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

And saying that to a teammate, you're not going to talk to them like you're talking to a 13-year-old. You're going to say, look, I can't trust you ever again. Get out. So other than that, I think there is a way to walk back a lot of the sort of, no matter how crazy toxic a situation could be,

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

And saying that to a teammate, you're not going to talk to them like you're talking to a 13-year-old. You're going to say, look, I can't trust you ever again. Get out. So other than that, I think there is a way to walk back a lot of the sort of, no matter how crazy toxic a situation could be,

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

if it's a situation the judgment you have to make as a leader is is the person profoundly toxic or did the situation turn toxic situations come and go people don't really change that much

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

if it's a situation the judgment you have to make as a leader is is the person profoundly toxic or did the situation turn toxic situations come and go people don't really change that much

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

if it's a situation the judgment you have to make as a leader is is the person profoundly toxic or did the situation turn toxic situations come and go people don't really change that much

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

So my brilliant wife frequently reminds me that more often than not, it's about incentives. The unlock.

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

So my brilliant wife frequently reminds me that more often than not, it's about incentives. The unlock.

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

So my brilliant wife frequently reminds me that more often than not, it's about incentives. The unlock.

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

for you the reason you are so obsessed with fucking winning is because it's your company it's your project it's your passion like you've been doing this since you were 14 years old and like the only goal is to do more of you and so you don't need motivation like your incentives are aligned like you were essentially born with a microphone in your mouth to just try to get bigger and literally yeah and

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

for you the reason you are so obsessed with fucking winning is because it's your company it's your project it's your passion like you've been doing this since you were 14 years old and like the only goal is to do more of you and so you don't need motivation like your incentives are aligned like you were essentially born with a microphone in your mouth to just try to get bigger and literally yeah and

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

for you the reason you are so obsessed with fucking winning is because it's your company it's your project it's your passion like you've been doing this since you were 14 years old and like the only goal is to do more of you and so you don't need motivation like your incentives are aligned like you were essentially born with a microphone in your mouth to just try to get bigger and literally yeah and