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.
Listen on Spotify.
Listen on Apple Podcasts.
More from Long Now Seminars —
[https://static.longnow.org/2021/03/Ignite-header-logo.png] With thousands of members from all around the world, from artists and writers to engineers and farmers, the Long Now community has a wide range of perspectives, stories, and experience to offer. On October 20, 02020, ...
The Long Now Foundation [https://soundcloud.com/longnow] · Peter Leyden – The Transformation: A Future History of the World from 02020 to 02050 [https://soundcloud.com/longnow/transformation-future-history-world-02020-02050] A compelling case can be made that we are in the early stages of another tech and ...
Explore over two decades of long-term thinking
- Climate Change