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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 don't think it's, you know, nothing to be ashamed of. Drive and grit that is the other side of that coin are rare. And people who have it end up being entrepreneurs or something resembling entrepreneurship because it is such an unstoppable force, which is amazing. Like if you don't have it, it's a thing you can't really teach.

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 don't think it's, you know, nothing to be ashamed of. Drive and grit that is the other side of that coin are rare. And people who have it end up being entrepreneurs or something resembling entrepreneurship because it is such an unstoppable force, which is amazing. Like if you don't have it, it's a thing you can't really teach.

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 don't think it's, you know, nothing to be ashamed of. Drive and grit that is the other side of that coin are rare. And people who have it end up being entrepreneurs or something resembling entrepreneurship because it is such an unstoppable force, which is amazing. Like if you don't have it, it's a thing you can't really teach.

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

On the flip side, there's plenty of other people that you not just need, you require to achieve your goals. Like no one is an island in pursuit of their entrepreneurial ambition. And you have to figure out what it is that motivates them. And in many cases, the motivations are not at all relatable for you.

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

On the flip side, there's plenty of other people that you not just need, you require to achieve your goals. Like no one is an island in pursuit of their entrepreneurial ambition. And you have to figure out what it is that motivates them. And in many cases, the motivations are not at all relatable for you.

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

On the flip side, there's plenty of other people that you not just need, you require to achieve your goals. Like no one is an island in pursuit of their entrepreneurial ambition. And you have to figure out what it is that motivates them. And in many cases, the motivations are not at all relatable for you.

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

Like you had decided at some point that you're willing to work Saturdays and Sundays to succeed. And that's just it. And like, yeah, some people go to the pub and others go skiing and everybody has their thing. And you decided, no, I'm just going to work. And that's what I'm going to do.

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

Like you had decided at some point that you're willing to work Saturdays and Sundays to succeed. And that's just it. And like, yeah, some people go to the pub and others go skiing and everybody has their thing. And you decided, no, I'm just going to work. And that's what I'm going to do.

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

Like you had decided at some point that you're willing to work Saturdays and Sundays to succeed. And that's just it. And like, yeah, some people go to the pub and others go skiing and everybody has their thing. And you decided, no, I'm just going to work. And that's what I'm going to do.

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 having that conversation with someone who's just joined your team, like, hey, we're all going to work on Saturday and Sunday because I want to succeed is not going to do anything for them. What do you need to do is figure out what is it that they're looking out for and what is their goal? And if their goal is to go skiing three days a week instead of two, you may have made a hiring mistake.

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 having that conversation with someone who's just joined your team, like, hey, we're all going to work on Saturday and Sunday because I want to succeed is not going to do anything for them. What do you need to do is figure out what is it that they're looking out for and what is their goal? And if their goal is to go skiing three days a week instead of two, you may have made a hiring mistake.

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 having that conversation with someone who's just joined your team, like, hey, we're all going to work on Saturday and Sunday because I want to succeed is not going to do anything for them. What do you need to do is figure out what is it that they're looking out for and what is their goal? And if their goal is to go skiing three days a week instead of two, you may have made a hiring mistake.

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 if their goal is to feel great about their work, the investment you have to make isn't about beating them up about this work quality is garbage or telling them go work harder to say like, hey, I know you're motivated by quality.

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 if their goal is to feel great about their work, the investment you have to make isn't about beating them up about this work quality is garbage or telling them go work harder to say like, hey, I know you're motivated by quality.

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 if their goal is to feel great about their work, the investment you have to make isn't about beating them up about this work quality is garbage or telling them go work harder to say like, hey, I know you're motivated by quality.

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

Let me spend all available time to just get to a place where you look at every pixel you put down or every sound you record and you just falling out of your chair about how good it is and it can't really get any better. That's what motivates you. I know. And that's what we're going to do together. That's what team leadership is all about.

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

Let me spend all available time to just get to a place where you look at every pixel you put down or every sound you record and you just falling out of your chair about how good it is and it can't really get any better. That's what motivates you. I know. And that's what we're going to do together. That's what team leadership is all about.

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

Let me spend all available time to just get to a place where you look at every pixel you put down or every sound you record and you just falling out of your chair about how good it is and it can't really get any better. That's what motivates you. I know. And that's what we're going to do together. That's what team leadership is all about.

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

The difficult part of leadership of teams is always deciding that this is irredeemable because you want people to have second, third, fourth chances. But at some point you're like, well, okay, you're great, but you are hiring mistake. And I'm so sorry.

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

The difficult part of leadership of teams is always deciding that this is irredeemable because you want people to have second, third, fourth chances. But at some point you're like, well, okay, you're great, but you are hiring mistake. And I'm so sorry.