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The Lean Startup and the Long-Term Stock Exchange (with Eric Ries)
Acquired
Is There a Lean Startup Movement?
There's no, as far as I know, all of history of equity securities, there's this concept of preferred equity and common equity. There could be other classes of equity. And classes can have different economic. Yeah, it's actually a very old idea. It's just practically speaking, we don't do it because there's so many forces that pressure people into conformity. LTSC: How ironic that we as the industry of innovation are hyper conformist and conservative about how we structure companies and how we make them bring them to the public. So now we're so unhappy about the public markets. We're taking our ball and going home."
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