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Max Levchin
@mlevchin
И чтец, и жнец, и на дуде игрец. Affirm, Glow, SciFi. ✡️
SF, CA
Joined April 2008
Posts
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    🚨A PSA as you consider your holiday shopping budget.🚨 When a traditional credit card bank suddenly announces they too offer BNPL services -- are they really trying to get their credit card holders to pay less interest and not revolve?!! Are they really turning pro-consumer?!!
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    The ultimate startup chronicle book I’d love to read is one filled with honest, raw interviews of 50+ founders of _failed_ startups, truthfully describing what lead to their company’s failure. It would likely be painful to read, but you’d learn an insane amount.
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    Obvious, but worth making explicit: next to many CEOs is their spouse/partner, playing an unpaid board member, HR head, strategy consultant, or exec coach, responsible for 50%+ of success, receiving very little recognition. In my case, it’s much more than 50 — thanks to @nlevchin
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    Final numbers for #ElectionDay  231,556,622 eligible voters 46.9% DID NOT VOTE 25.6% voted Clinton 25.5% voted Trump
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    My family & I, & 1000s of Soviet Jews like us came to US as refugees in '91 running from regime that persecuted us because of who we were.
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    Me: builds a battlefield simulator in python/pygame over the break to impress 11yo & create a fun way for him to explore basic ML/machine vision concepts. [K's of lines] 11yo:"looks complicated, I can do the same in Scratch with a few blocks." The future of code is legos 🤣🤣🤣
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    I’m excited (and humbled) to announce a monumental moment for @Affirm: we are partnering with @Shopify to exclusively power Shop Pay Installments in the U.S. (1/3)
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    Heart-breaking to see the very streets I grew up on torn apart with rockets. Bloodshed and displacement of 1m+ innocent victims are horrifying. I am focusing my charitable efforts on helping refugees, and I hope tomorrow brings better news for 🇺🇦. War is never the answer.
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    This might be the time to close the markets for a week or two (we did that after 9/11). Get everyone’s minds to focus on social distancing, expanding testing capacity, vaccine finding... instead of worrying about the utter collapse of their 401(k).
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    Please follow @AuschwitzMuseum. Their tweets give faces and names to the victims imprisoned, and murdered there. It’s painful to read, but it’s important we are all reminded what normalization of hate looks like. It could happen again, and it must not.
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    Today is the result of years of work by hundreds of dedicated Affirmers who believe in honest and transparent finance. And although there is more work to be done, today offers an opportunity to reflect and celebrate.
    Affirm is now #NasdaqListed ($AFRM)! We’re excited about this huge step forward as we bring our mission to life.
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    Turning away skilled, driven, creative folks offering to work extra hard for their shot at the American dream is going to send them off to other economies, similarly in need of such talents for their own post-COVID recovery efforts. H-1B holders result in net job creation.
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    There are countless bad actors in the finance industry & the CFPB has helped protect millions of consumers. Having served the last two years on the CFPB Consumer Advisory Board, I have found the agency & it’s leadership to be professional, thoughtful & measured in its work.
    The Consumer Financial Protection Bureau, or CFPB, has been a total disaster as run by the previous Administrations pick. Financial Institutions have been devastated and unable to properly serve the public. We will bring it back to life!
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    More than eight years ago, we set out to take on credit cards and change the way we pay. We built Affirm from the ground up to align with the needs of consumers and merchants and to succeed when they succeed.