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PayPal: Max Levchin (Part 1 of 2)
How I Built This with Guy Raz
Pri Venture Capitalists - What Are They Investing In?
We ran out venture capital, kind of the sandhill road, classic bluchip venture capitalist community very quickly. I think we were roundly rejected by 100 % of those pitches. We drove up and down sandhill roads and got absolutely nothing. Then we started pitching people kind of in the outskirts of the broadest looking valley. Theyre like, this is a stupid idea. We don't understand anything about it. But even with a, even if your pitch skalls weren't great, i'm still sceptical. At that timei would change, of course. But at that time it was like, right? Ecause, you the pri venture capitalists were used to people with
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