Max Levchin

And so A players just want to escalate away or accelerate away from the pack. B players frequently say, look, I'm a worker B and I know I'm not an A player and that's okay. I'm just going to grind out good code. art, sound, whatever. But some of them are fearful and say, well, if I have too many B players around it, let alone A players, I will look terrible.

And so A players just want to escalate away or accelerate away from the pack. B players frequently say, look, I'm a worker B and I know I'm not an A player and that's okay. I'm just going to grind out good code. art, sound, whatever. But some of them are fearful and say, well, if I have too many B players around it, let alone A players, I will look terrible.

It will be very obvious that I'm just not that good. There are people here who are a lot better than me. So the way to fix this is for me to become a manager and for me to hire a bunch of people who aren't very good at all, like much worse than me. And then I'll look like the tallest mushroom and that'll be great. And so that is the real danger of B players.

It will be very obvious that I'm just not that good. There are people here who are a lot better than me. So the way to fix this is for me to become a manager and for me to hire a bunch of people who aren't very good at all, like much worse than me. And then I'll look like the tallest mushroom and that'll be great. And so that is the real danger of B players.

It will be very obvious that I'm just not that good. There are people here who are a lot better than me. So the way to fix this is for me to become a manager and for me to hire a bunch of people who aren't very good at all, like much worse than me. And then I'll look like the tallest mushroom and that'll be great. And so that is the real danger of B players.

Having people who are perfectly willing to do good work day in and day out is not the worst thing in the world. There's plenty of things that A players will turn their nose from because it's just not that challenging. It's not accelerating them out of the APAC. And Bs are very, very good for that. And a lot of B players over time grind their way to being A players.

Having people who are perfectly willing to do good work day in and day out is not the worst thing in the world. There's plenty of things that A players will turn their nose from because it's just not that challenging. It's not accelerating them out of the APAC. And Bs are very, very good for that. And a lot of B players over time grind their way to being A players.

Having people who are perfectly willing to do good work day in and day out is not the worst thing in the world. There's plenty of things that A players will turn their nose from because it's just not that challenging. It's not accelerating them out of the APAC. And Bs are very, very good for that. And a lot of B players over time grind their way to being A players.

So you're investing in their future and they know it. So that's also positive. But B players who have fear of being found out are the ones that you have to watch out for.

So you're investing in their future and they know it. So that's also positive. But B players who have fear of being found out are the ones that you have to watch out for.

So you're investing in their future and they know it. So that's also positive. But B players who have fear of being found out are the ones that you have to watch out for.

When I started the company, I sat down with a bunch of bankers and said, hey, I'm going to start a company where I'm going to do away with this imbalance. I'm going to eliminate fine print. So consumers do not have to read fine print to find out what the business model is and so on. Many other sort of ideas like this.

When I started the company, I sat down with a bunch of bankers and said, hey, I'm going to start a company where I'm going to do away with this imbalance. I'm going to eliminate fine print. So consumers do not have to read fine print to find out what the business model is and so on. Many other sort of ideas like this.

When I started the company, I sat down with a bunch of bankers and said, hey, I'm going to start a company where I'm going to do away with this imbalance. I'm going to eliminate fine print. So consumers do not have to read fine print to find out what the business model is and so on. Many other sort of ideas like this.

Several of them, including some very well-known people whose names will not be reeled, laughed at me and said, like, you're insane. Like, this is not just like the way you make money in this industry anymore. It's the way you make money. It's the only way.

Several of them, including some very well-known people whose names will not be reeled, laughed at me and said, like, you're insane. Like, this is not just like the way you make money in this industry anymore. It's the way you make money. It's the only way.

Several of them, including some very well-known people whose names will not be reeled, laughed at me and said, like, you're insane. Like, this is not just like the way you make money in this industry anymore. It's the way you make money. It's the only way.

It's all been competed down to the only money you have is in the form of things that the customer doesn't understand because everything else has been wiggled out. And I said, you know, I don't think so. And I don't actually have a full model in Excel or in my head or on paper proving that I'm right. So this was not a calculated risk.

It's all been competed down to the only money you have is in the form of things that the customer doesn't understand because everything else has been wiggled out. And I said, you know, I don't think so. And I don't actually have a full model in Excel or in my head or on paper proving that I'm right. So this was not a calculated risk.

It's all been competed down to the only money you have is in the form of things that the customer doesn't understand because everything else has been wiggled out. And I said, you know, I don't think so. And I don't actually have a full model in Excel or in my head or on paper proving that I'm right. So this was not a calculated risk.