Affirm CEO shares thoughts on competition with Klarna

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Some business leaders approach competition aggressively; like modern Machiavellis. While Affirm (AFRM) CEO Max Levchin has a more Zen approach. "I think one lesson I learned over the years is you gotta focus on yourself," he told Yahoo Finance Executive Editor Brian Sozzi on Opening Bid. With Apple's (AAPL) new announcement of an integration between Apple Pay and Affirm's payment plan product, this collaboration positions Affirm to compete with the current household name, Klarna. Although Levchin says he's a huge fan of competition, at the end of the day "you're ultimately competing with yourself."

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