Eric Ries
Long-Term Stock Exchange
Recorded live on Feb 24, 02020
at SFJAZZ Center
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.
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bio
Over the last two decades, Eric Ries’s ideas about continuous innovation, long-term thinking, governance, and market reform have reshaped company building and management practices. He is the creator of the Lean Startup method, and the author of the New York Times bestseller The Lean Startup; The Leader’s Guide; and The Startup Way.
As a founder, he has put his own ideas into practice with The Long-Term Stock Exchange (LTSE); Answer.AI, an AI R&D lab; the Lean Startup Co, which teaches and supports the implementation of Lean Startup; Virgil, a legal services startup; and IMVU, where the ideas that became the Lean Startup method were forged. On his podcast, The Eric Ries Show, he talks to guests including world-class technologists, thought leaders, and executives working to build profitable companies for the long-term benefit of society. Eric has served as an entrepreneur-in-residence at Harvard Business School and IDEO. He lives in the San Francisco Bay Area with his wife and three children.
Eric’s new book, Incorruptible: Why Good Companies Go Bad…and How Great Companies Stay Great, is available worldwide on May 28, 02026.
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