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
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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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