Eric Ries: Long-Term Stock Exchange

1:21:09
 
Share
 

Manage episode 255105807 series 56
By The Long Now Foundation. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Companies that operate with a long-term mindset tend to outperform their peers over time. But the pressure to achieve short-term quarterly gains often works against longer-term sustainable growth, and can push even the most visionary company into a short-term mindset. In 02019, the Long-Term Stock Exchange was approved as the country’s 14th and newest stock exchange. It offers a new framework for companies to raise capital while keeping their focus on long-term results. By requiring participating companies to accept a set of governance standards and incentive systems that deprioritize the short-term, the Long-Term Stock Exchange hopes to reward investments and business strategies that focus on a longer time horizon. Eric Ries is the founder and CEO of Long-Term Stock Exchange. He created the Lean Startup methodology and is author of The Lean Startup and The Startup Way. Ries founded IMVU and served as an Entrepreneur-in-Residence at Harvard Business School, IDEO, and Pivotal.

212 episodes