Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Pricing

Max Levchin

👤 Person
513 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

And this is just, it's an embarrassment, but it's not an embarrassment of your ability. It's the embarrassment of the time you had or the effort you've been able to put in. And that's okay. Like that we can fix. Sometimes you look at work and you say, wow, like this person cannot do better. Full stop. Don't worry about being direct.

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 conversation you're going to have with them at some point very soon is I don't think you have a place on this team anymore. And that that's a much harder conversation, but you have to have it too.

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 conversation you're going to have with them at some point very soon is I don't think you have a place on this team anymore. And that that's a much harder conversation, but you have to have it too.

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 conversation you're going to have with them at some point very soon is I don't think you have a place on this team anymore. And that that's a much harder conversation, but you have to have it too.

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

Any form of narcissism or selfishness, self-orientedness is probably the most important trigger of turning an extreme personality from good to bad or set in the opposite way. You can be as great at throwing tantrums or as direct in your criticism as you want to be if you maintain a good degree of humility and just remember that

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

Any form of narcissism or selfishness, self-orientedness is probably the most important trigger of turning an extreme personality from good to bad or set in the opposite way. You can be as great at throwing tantrums or as direct in your criticism as you want to be if you maintain a good degree of humility and just remember that

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

Any form of narcissism or selfishness, self-orientedness is probably the most important trigger of turning an extreme personality from good to bad or set in the opposite way. You can be as great at throwing tantrums or as direct in your criticism as you want to be if you maintain a good degree of humility and just remember that

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 second it becomes about you being better than everyone else, everyone else will start hating you. And if you're their boss, they're going to hate you quietly. And that's the worst possible situation. And so what do you really want is to constantly remember that you are but a part of this team.

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 second it becomes about you being better than everyone else, everyone else will start hating you. And if you're their boss, they're going to hate you quietly. And that's the worst possible situation. And so what do you really want is to constantly remember that you are but a part of this team.

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 second it becomes about you being better than everyone else, everyone else will start hating you. And if you're their boss, they're going to hate you quietly. And that's the worst possible situation. And so what do you really want is to constantly remember that you are but a part of this team.

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 when you're criticizing someone's work or telling them this has to be redone, you're always redoing the work together. Like maybe you're not going to personally move the bits. But you're going to have to be involved because they're not going to be happy with a second round of the, well, this is still garbage. That's really important.

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 when you're criticizing someone's work or telling them this has to be redone, you're always redoing the work together. Like maybe you're not going to personally move the bits. But you're going to have to be involved because they're not going to be happy with a second round of the, well, this is still garbage. That's really important.

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 when you're criticizing someone's work or telling them this has to be redone, you're always redoing the work together. Like maybe you're not going to personally move the bits. But you're going to have to be involved because they're not going to be happy with a second round of the, well, this is still garbage. That's really important.

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 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.