Max Levchin Quotes
The very first company I started failed with a great bang. The second one failed a little bit less, but still failed. The third one, you know, proper failed, but it was kind of okay. I recovered quickly. Number four almost didn't fail. It still didn't really feel great, but it did okay. Number five was PayPal.
Citations
Levchin, Max. "Startup School 2012." Y Combinator, 20 Oct. 2012.
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Maksymilian Rafailovych "Max" Levchin is a Ukrainian American software engineer and businessman. In 1998, he co-founded the company that eventually became PayPal. Levchin notably made contributions to PayPal's anti-fraud efforts and is also the co-creator of the Gausebeck-Levchin test, one of the first commercial implementations of a CAPTCHA challenge response human test.
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