Long-Term Stock Exchange founder Eric Ries (Live at Code 2019)
Decoder with Nilay Patel - A podcast by The Verge
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Eric Ries, the founder of the Long-Term Stock Exchange and author of The Lean Startup, talks with Vox.com's Ezra Klein at the 2019 Code Conference.
In this episode: The LTSE’s recent SEC approval; what’s the point of a stock exchange and why do we need a new one?; the problem with short-term public markets; how would going public on the LTSE be different for CEOs?; how things would change for employees?; the culture of short-term vs. long-term leadership ownership; the values of “Lean Startups”; what public companies and markets could learn from those values; how to attach companies to more stakeholders; The Enlightened Capitalists and the history of business reform; would the LTSE penalize short-term investors?; and Wall Street’s impatience with R&D.
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