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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

They must've been making coffee in Venice, you know, with mortar and pestle or something. I don't think it's nearly that old. I think it's maybe on the order of 60 to a hundred years old, but it's just this like timeless coffee awesomeness that I love. And I use it every day. And every time I look like, yes, yes. My coffee machine. I love it so 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

They must've been making coffee in Venice, you know, with mortar and pestle or something. I don't think it's nearly that old. I think it's maybe on the order of 60 to a hundred years old, but it's just this like timeless coffee awesomeness that I love. And I use it every day. And every time I look like, yes, yes. My coffee machine. I love it so 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

I have all these unfulfilled dreams of running a much smaller company that makes widgets. I spend my entire life making things out of bits. I would love to make things out of atoms. One of my favorite executives came up with a brand name. for a company that would sell pickles called Lethal Pickles.

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 have all these unfulfilled dreams of running a much smaller company that makes widgets. I spend my entire life making things out of bits. I would love to make things out of atoms. One of my favorite executives came up with a brand name. for a company that would sell pickles called Lethal Pickles.

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 have all these unfulfilled dreams of running a much smaller company that makes widgets. I spend my entire life making things out of bits. I would love to make things out of atoms. One of my favorite executives came up with a brand name. for a company that would sell pickles called Lethal Pickles.

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

This has to do with a story in the very early days of a firm where I tried to teach people how to make pickles because I love pickles too. And I managed to screw it up badly enough where they eventually turned toxic and grew mold and it was terrible. And I was briefly trying to persuade people that it's fine. It's actually not a problem. You should eat them.

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

This has to do with a story in the very early days of a firm where I tried to teach people how to make pickles because I love pickles too. And I managed to screw it up badly enough where they eventually turned toxic and grew mold and it was terrible. And I was briefly trying to persuade people that it's fine. It's actually not a problem. You should eat them.

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

This has to do with a story in the very early days of a firm where I tried to teach people how to make pickles because I love pickles too. And I managed to screw it up badly enough where they eventually turned toxic and grew mold and it was terrible. And I was briefly trying to persuade people that it's fine. It's actually not a problem. You should eat them.

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 almost single-handedly wiped out the entire firm team. But fortunately, no one ate any and we threw them away. But The story of Max's Lethal Pickles survives in the annals of a firm post-mortem history. Someone said, well, you should eventually go fulfill your dream of making things out of atoms and molecules in this case and sell pickles online, call it Lethal Pickles.

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 almost single-handedly wiped out the entire firm team. But fortunately, no one ate any and we threw them away. But The story of Max's Lethal Pickles survives in the annals of a firm post-mortem history. Someone said, well, you should eventually go fulfill your dream of making things out of atoms and molecules in this case and sell pickles online, call it Lethal Pickles.

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 almost single-handedly wiped out the entire firm team. But fortunately, no one ate any and we threw them away. But The story of Max's Lethal Pickles survives in the annals of a firm post-mortem history. Someone said, well, you should eventually go fulfill your dream of making things out of atoms and molecules in this case and sell pickles online, call it Lethal Pickles.

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 one day I'll start lethalpickles.com.

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 one day I'll start lethalpickles.com.

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 one day I'll start lethalpickles.com.

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 you are a careful student of my shareholder letters, of which I have now written, it cannot possibly be 16, but I think it's 16 or 15, you will see that every single one of them contains a reference to the movie Big Lebowski. You have to look sometimes hard to find it, but no one's ever asked me what's with the Big Lebowski in your shareholder reference. What is with the Big Lebowski?

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 you are a careful student of my shareholder letters, of which I have now written, it cannot possibly be 16, but I think it's 16 or 15, you will see that every single one of them contains a reference to the movie Big Lebowski. You have to look sometimes hard to find it, but no one's ever asked me what's with the Big Lebowski in your shareholder reference. What is with the Big Lebowski?

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 you are a careful student of my shareholder letters, of which I have now written, it cannot possibly be 16, but I think it's 16 or 15, you will see that every single one of them contains a reference to the movie Big Lebowski. You have to look sometimes hard to find it, but no one's ever asked me what's with the Big Lebowski in your shareholder reference. What is with the Big Lebowski?

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'm a huge fan of movies. When I was a freshman in college, all I wanted to do is take computer science classes. And I came into my university thinking, I'm just going to take every possible computer science class and nothing else because everything else is stupid and boring. And I just want to write code. And I still love writing code.

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'm a huge fan of movies. When I was a freshman in college, all I wanted to do is take computer science classes. And I came into my university thinking, I'm just going to take every possible computer science class and nothing else because everything else is stupid and boring. And I just want to write code. And I still love writing code.

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'm a huge fan of movies. When I was a freshman in college, all I wanted to do is take computer science classes. And I came into my university thinking, I'm just going to take every possible computer science class and nothing else because everything else is stupid and boring. And I just want to write code. And I still love writing code.