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
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
Calculated Risks and Continuous Learning
This chapter emphasizes the necessity of making calculated risks in business, showcasing lessons learned from both successes and failures. It highlights the importance of a transparent culture, structured post-mortem analyses, and the balance between rapid development and quality design. By recognizing decision-making nuances and fostering continuous improvement, the discussion advocates for a mindset that values learning from every outcome.
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