A firm is a, it's a math problem, right? That you're solving here. And so overtime, so long as we don't spend the he excess,. Transactional economics will inherently become profitable. But i care more about building something that, five years from now, is ten times more successful financially than we are to day. In a short term, the market is a voting machine, and in a long term, it's awai h i like that thinking process.
After PayPal sold to eBay in 2002, Max Levchin could have relaxed on a beach for the rest of his life. But that’s not the kind of person he is. He isn’t happy unless he’s coming up with new ideas and building companies – so much so that he actually fell into a dark place after leaving PayPal. He didn’t fully find himself until years later, when he rediscovered his passion for the “hard, valuable, fun” problems of fintech. Now, Max runs another billion-dollar company: Affirm, a “buy now, pay later” service that’s transforming how we purchase things on credit. This is the second part of a two-part conversation with Max; to hear the story of PayPal, be sure to listen to part 1!
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