Max Levchin in Technology Review
www.technologyreview.com/qa/428186/max-levchin
From the page
Saved with the link. Notes from 2007 to 2016 are mostly the page's own words, so this is probably an excerpt.
Technology startups, especially those in Silicon Valley, love to talk about innovation. But how good are they at actually inventing and commercializing important technologies? Not as good as they should be, says Max Levchin, a computer scientist who cofounded PayPal (earning him TR's "Innovator of the Year" award in 2002) and is now an angel investor. Levchin, along with fellow PayPal founder Peter Thiel and former chess champion Garry Kasparov, is completing a book called The Blueprint, which will outline how and why startups should tackle much harder problems. Levchin, 36, says too many of the country's best programmers are working for companies that have little prospect of doing anything transformative.