Levchin: Long-term market value weighs profit and growth over investor sentiment
Max Levchin · Max Levchin, Founder & CEO @ Affirm:The Biggest Surprise Scaling to $18.7BN Market Cap · 20VC with Harry Stebbings · Feb 5, 2025 · at 49:49
Max Levchin, founder and CEO of Affirm, explains what fundamental metrics ultimately determine a public company's valuation in the long run.
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“First we have to get profitable. Then we have to show revenue growth rates. Then we have to show net income growth. And that's what, you know, long term, the weighing machine, that's what that weighs. It's not weighing sentiment.”
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