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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

If I knew I couldn't fail, I'd solve the world's problems and then I would just write code from that point on for fun. But it turned out that you actually had to take some required courses. So you couldn't just take computer science. So I took film study as like a, this will be easy. It'll be fun. I got to watch things that are actually like gems of movie making world.

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 I knew I couldn't fail, I'd solve the world's problems and then I would just write code from that point on for fun. But it turned out that you actually had to take some required courses. So you couldn't just take computer science. So I took film study as like a, this will be easy. It'll be fun. I got to watch things that are actually like gems of movie making world.

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 I knew I couldn't fail, I'd solve the world's problems and then I would just write code from that point on for fun. But it turned out that you actually had to take some required courses. So you couldn't just take computer science. So I took film study as like a, this will be easy. It'll be fun. I got to watch things that are actually like gems of movie making world.

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

Things like North by Northwest and like Hitchcock movies and all sorts of stuff that blows your mind. And if you don't know about it, you wouldn't watch it because these are old black and white movies. Why would you care? And you watch them and you're like, oh my God, like this, these are stories that have to be required viewing.

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

Things like North by Northwest and like Hitchcock movies and all sorts of stuff that blows your mind. And if you don't know about it, you wouldn't watch it because these are old black and white movies. Why would you care? And you watch them and you're like, oh my God, like this, these are stories that have to be required viewing.

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

Things like North by Northwest and like Hitchcock movies and all sorts of stuff that blows your mind. And if you don't know about it, you wouldn't watch it because these are old black and white movies. Why would you care? And you watch them and you're like, oh my God, like this, these are stories that have to be required viewing.

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 of the movies I watched was Seven Samurai and it became like this obsession where I've seen it over a hundred times and no one asked me about that one either, but the silliest movie with yet a similarly profound kind of a cultural and at least to me, intellectual impact on me is The Big Lebowski. It's this comedy, tragedy, whodunit commentary on 1980s United States.

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 of the movies I watched was Seven Samurai and it became like this obsession where I've seen it over a hundred times and no one asked me about that one either, but the silliest movie with yet a similarly profound kind of a cultural and at least to me, intellectual impact on me is The Big Lebowski. It's this comedy, tragedy, whodunit commentary on 1980s United States.

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 of the movies I watched was Seven Samurai and it became like this obsession where I've seen it over a hundred times and no one asked me about that one either, but the silliest movie with yet a similarly profound kind of a cultural and at least to me, intellectual impact on me is The Big Lebowski. It's this comedy, tragedy, whodunit commentary on 1980s United States.

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

It's like everything in two hours of cinema that if you haven't watched it, you should watch. And it is unbelievably funny. It's one of the funniest movies ever made.

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

It's like everything in two hours of cinema that if you haven't watched it, you should watch. And it is unbelievably funny. It's one of the funniest movies ever made.

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

It's like everything in two hours of cinema that if you haven't watched it, you should watch. And it is unbelievably funny. It's one of the funniest movies ever made.

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 somehow over the years how do you interview talent one of the things you can do is you can figure out if you share cultural artifacts at the time of the interview and so when i was interviewing a good half of my management team i found out before or after i decided that they were the right ones they were huge fans of the big lebowski and so the team that writes the letter with me is this group of people who loves the big lebowski and we sort of made it our business of sticking lebowski quotes into our shareholders

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 somehow over the years how do you interview talent one of the things you can do is you can figure out if you share cultural artifacts at the time of the interview and so when i was interviewing a good half of my management team i found out before or after i decided that they were the right ones they were huge fans of the big lebowski and so the team that writes the letter with me is this group of people who loves the big lebowski and we sort of made it our business of sticking lebowski quotes into our shareholders

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 somehow over the years how do you interview talent one of the things you can do is you can figure out if you share cultural artifacts at the time of the interview and so when i was interviewing a good half of my management team i found out before or after i decided that they were the right ones they were huge fans of the big lebowski and so the team that writes the letter with me is this group of people who loves the big lebowski and we sort of made it our business of sticking lebowski quotes into our shareholders

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

That's a deep question.

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

That's a deep question.

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

That's a deep question.

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 I grew up in an academic family and for them, the notion of advanced degrees was the ladder to climb. And so it was embarrassing that my mom never got a PhD to her mom, who was an exceptionally important influence in my life and my mom's life. And so this notion of the way you achieve in the world, the goals to set, the ways to think 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

So I grew up in an academic family and for them, the notion of advanced degrees was the ladder to climb. And so it was embarrassing that my mom never got a PhD to her mom, who was an exceptionally important influence in my life and my mom's life. And so this notion of the way you achieve in the world, the goals to set, the ways to think about