Max Levchin "Fit Over Diversity"
Share
Max Levchin, co-founder of PayPal, advocates for a controversial hiring approach in startups that prioritizes cultural fit over diversity. This strategy aims to create a strong, unified company culture by hiring individuals who closely align with a specific mold, even if it results in less diversity.
Key Points:
-
Startup Culture as a Cult:
- Levchin views startup culture as similar to a cult, emphasizing unity and shared values.
- The goal is to reinforce a specific culture rather than diversify it.
-
Hiring Strategy:
- Focus on attracting people who will reinforce the desired culture.
- Actively repel otherwise smart people who might dilute the culture.
-
Controversial Filtering:
- Example: Rejecting candidates based on hobbies (e.g., basketball) that don't align with perceived traits of great engineers.
- This approach may lead to overlooking talented individuals who don't fit the narrow cultural mold.
-
Justification:
- Belief that a unified culture breeds success in startups.
- PayPal Mafia's success is cited as evidence of this approach's effectiveness.
43:39 - 45:33
Full video: 53:30SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.