The Ticker

What you need to know about the buy-now-pay-later startup founded by PayPal veteran Max Levchin that went public today

PayPal co-founder and Affirm CEO Max Levchin makes a gesture while speaking on the show “Closing the Bell.”
PayPal co-founder and Affirm CEO Max Levchin makes a gesture while speaking on the show “Closing the Bell.”
PayPal co-founder and Affirm CEO Max Levchin. Photo: John Lamparski/Getty Images


The Ticker

In 2008, few believed the startup could convince people to open their homes to strangers. In 2020, they’re counting on it to rescue the travel industry.

The Airbnb iOS app download page is displayed on the Apple App store.
The Airbnb iOS app download page is displayed on the Apple App store.
Photo: Jakub Porzycki/NurPhoto/Getty Images


Staking creators, Twitter for podcasts, essential oils, and developer credentials

👉 Get free startup ideas from leading VCs by joining RFS 100


Buy now, pay later’s next act

👉 Join +16,000 members learning about tech from idea to IPO at The Generalist


👉 Join +15,000 members learning about tech from idea to IPO at The Generalist


The religions of Tesla, bitcoin, and Peter Thiel

👉 Join +14,000 members learning about tech from idea to IPO at The Generalist

  • Founders. Peter Thiel talked about the value in building a “cult” at your startup. What does that mean? And how might you take it further? The secret in creating a truly resistant organization may require building a religion.
  • Investors. Scott Galloway often talks about backing “unregulated monopolies.” Another ripe category for investment might be “unrecognized religions.” There’s a reason Tesla is so difficult to short.
  • Learners. Technology has fundamentally changed how religions are born. Communities coalesce on message boards, spread ideology on social media, and create functional gods. …


👉 Join +12,000 members learning about tech from idea to IPO at The Generalist


👉 Join +11,000 members learning about tech from idea to IPO at The Generalist.

  • A “fun” weather app. I was very light on the particulars of what would make it enjoyable.
  • A review site for bars called “BottlecApp.” I am not sure which came first, the terrible pun or the terrible idea.
  • A video dating app. Instead of pictures, you could view short clips to get a sense for the person before committing to meeting. Not a dreadful idea but undercooked and underwhelming.

Mario Gabriele

Tech from idea to IPO at readthegeneralist.com. Investing in chaotic-good founders at charge.vc

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store