Financial and Monetary Systems

Video: Why companies need to embrace honesty

Max Levchin
Founder and Chief Executive Officer, Affirm

“If you want to remain a competitor in the global economy, you have to disrupt yourself. You need to figure out what a small, nimble competitor that has nothing to lose will do to put you out of business, and do that to yourself.”

In this World Economic Forum video, Max Levchin, Founder and Chief Executive Officer of HVF and co-founder of PayPal and Yelp, talks about building financial services for millennials, global security concerns and the importance of honesty and transparency to young consumers.

To watch the full video, click on the player above.

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Author: Max Levchin, Founder and Chief Executive Officer, HVF, USA

Image: Participants of the “Start Up Chile” program work at their headquarters in Santiago, August 10, 2015. REUTERS/Ivan Alvarado

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World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

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