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Eric Ries
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Eric Ries
@ericries
Order my new book INCORRUPTIBLE & unlock exclusive bonuses at https://t.co/nlix8H5nfl
SF Katılım Nisan 2008
1.8K Takip Edilen301.6K Takipçiler
Garry Tan, president of Y Combinator, knows first-hand what happens to founders if they do not protect what they have built. We sat down to talk about how we got here, why today's so-called "best practices" destroy value, and, most importantly, what founders can do about it.
See why so many founders are calling this episode a must-listen.
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🤔
Mr Uppertrinity ©@mruppertrinity
@rorysutherland @ericries I have now worked for 4 businesses where the founders sold out to Private Equity. All followed exactly the same pattern. Little change for 12 months then key people start to disappear. Suits move in with spreadsheets and cut costs. No innovation that made it a success originally.
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Eric Ries retweetledi
#StevosBusinessBook of the Week: Incorruptible: Why Good Companies Go Bad... and How Great Companies Stay Great by @EricRies Business failure is not primarily ethical. It is structural. Arising predictably, it can be prevented. @AuthorsEquity amzn.to/4tRoWdO #ad #StevosNovelIdeas
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@ericries I think the article is right. Even in the startup world how many founders are making decisions based on what VCs like?
It’s like institutional capital is the demand side at this point.
Consumers are somehow the supply side and it feels like it every time prices go up.
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Eric Ries retweetledi
@ericries Go Eric! Your book can make companies better for all us… a compelling argument that capitalism and compassion need not be treated as trade-offs.
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Eric Ries retweetledi
If you have ever wondered why 90% of interesting companies are either founder-run or family owned, this explains a lot. @ericries
Rory Sutherland@rorysutherland
Did the customer ever ask for this? open.substack.com/pub/creditwort…
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Eric Ries retweetledi
@ericries @ycombinator @garrytan Protecting founders at formation is the right starting point to lock in your company's mission. The harder problem is sustaining it as you raise more money and scale. Looking forward to the book!!!
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Eric Ries retweetledi
@danielzarick @ericries The 'financial gravity' concept hits hard. Every founder thinks their mission is safe until the incentives quietly shift
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Thank you @ycombinator and @garrytan for supporting these ideas to protect the next generation of founders
Y Combinator@ycombinator
Eric Ries (@ericries) is the author of The Lean Startup, the NYT bestseller that became a playbook for a generation of founders. He's also the founder of the Long-Term Stock Exchange and has a new book out called Incorruptible: Why Good Companies Go Bad and How Great Companies Stay Great. In this episode of Main Function, Eric sat down with YC's @garrytan to talk about why so many founders lose control of the companies they build, and what they can do to stop it. 00:47 — The Professor's Wake-Up Call 03:43 — A Wake, Not a Party 05:12 — Shareholder Primacy Explained 08:20 — The Jeff Lawson / Twilio Story 10:27 — When You Fire the Founder 12:01 — The Legend of Sol Price 15:38 — Costco's Secret Origin 18:33 — Mission-Controlled Companies 19:40 — Finding the Right Board 22:26 — Just Become a PBC 23:40 — Who Invented Shareholder Primacy? 27:08 — It's Not Even a Law 30:28 — The Builder's Intuition 34:47 — Novo Nordisk & the $600B Bet 39:47 — Industrial Foundations Outperform 42:08 — The Problem With VC Fund Structure 43:05 — Dual Class Isn't Enough 44:54 — Building Something That Outlives You 45:03 — Anthropic's Governance Story
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Eric Ries retweetledi
Loved this conversation between @ericries and @GarryTan.
As a YC company (P26), we’re incredibly proud to have connected with Eric earlier and to collaborate with him on the launch of Incorruptible. We created a series of AI promo videos using our own tool @InstaAgentAI. Check out one of them below! 📷
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Eric Ries retweetledi
Eric Ries (@ericries) is the author of The Lean Startup, the NYT bestseller that became a playbook for a generation of founders. He's also the founder of the Long-Term Stock Exchange and has a new book out called Incorruptible: Why Good Companies Go Bad and How Great Companies Stay Great.
In this episode of Main Function, Eric sat down with YC's @garrytan to talk about why so many founders lose control of the companies they build, and what they can do to stop it.
00:47 — The Professor's Wake-Up Call
03:43 — A Wake, Not a Party
05:12 — Shareholder Primacy Explained
08:20 — The Jeff Lawson / Twilio Story
10:27 — When You Fire the Founder
12:01 — The Legend of Sol Price
15:38 — Costco's Secret Origin
18:33 — Mission-Controlled Companies
19:40 — Finding the Right Board
22:26 — Just Become a PBC
23:40 — Who Invented Shareholder Primacy?
27:08 — It's Not Even a Law
30:28 — The Builder's Intuition
34:47 — Novo Nordisk & the $600B Bet
39:47 — Industrial Foundations Outperform
42:08 — The Problem With VC Fund Structure
43:05 — Dual Class Isn't Enough
44:54 — Building Something That Outlives You
45:03 — Anthropic's Governance Story
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Eric Ries retweetledi
@ericries thinks a lot of the fear around AI is actually fear about capitalism.
On May 25, the creator of The Lean Startup joins Geoff Nielson on Digital Disruption to unpack “financial gravity,” leadership incentives, and the future of business.
#Innovation #TechPodcast
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Eric Ries retweetledi
We are so back. @ericries book on how founders can protect the good of the company at scale is a masterpiece.
Y Combinator@ycombinator
Eric Ries (@ericries) is the author of The Lean Startup, the NYT bestseller that became a playbook for a generation of founders. He's also the founder of the Long-Term Stock Exchange and has a new book out called Incorruptible: Why Good Companies Go Bad and How Great Companies Stay Great. In this episode of Main Function, Eric sat down with YC's @garrytan to talk about why so many founders lose control of the companies they build, and what they can do to stop it. 00:47 — The Professor's Wake-Up Call 03:43 — A Wake, Not a Party 05:12 — Shareholder Primacy Explained 08:20 — The Jeff Lawson / Twilio Story 10:27 — When You Fire the Founder 12:01 — The Legend of Sol Price 15:38 — Costco's Secret Origin 18:33 — Mission-Controlled Companies 19:40 — Finding the Right Board 22:26 — Just Become a PBC 23:40 — Who Invented Shareholder Primacy? 27:08 — It's Not Even a Law 30:28 — The Builder's Intuition 34:47 — Novo Nordisk & the $600B Bet 39:47 — Industrial Foundations Outperform 42:08 — The Problem With VC Fund Structure 43:05 — Dual Class Isn't Enough 44:54 — Building Something That Outlives You 45:03 — Anthropic's Governance Story
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I have known @garrytan a long time. It was great to sit down with him at YC and explore what the next generation of founders need to do to protect themselves from these forces.
YC touches so many founders and, through them, millions of other people. When they help those founders stay incorruptible, we all benefit.
Y Combinator@ycombinator
Eric Ries (@ericries) is the author of The Lean Startup, the NYT bestseller that became a playbook for a generation of founders. He's also the founder of the Long-Term Stock Exchange and has a new book out called Incorruptible: Why Good Companies Go Bad and How Great Companies Stay Great. In this episode of Main Function, Eric sat down with YC's @garrytan to talk about why so many founders lose control of the companies they build, and what they can do to stop it. 00:47 — The Professor's Wake-Up Call 03:43 — A Wake, Not a Party 05:12 — Shareholder Primacy Explained 08:20 — The Jeff Lawson / Twilio Story 10:27 — When You Fire the Founder 12:01 — The Legend of Sol Price 15:38 — Costco's Secret Origin 18:33 — Mission-Controlled Companies 19:40 — Finding the Right Board 22:26 — Just Become a PBC 23:40 — Who Invented Shareholder Primacy? 27:08 — It's Not Even a Law 30:28 — The Builder's Intuition 34:47 — Novo Nordisk & the $600B Bet 39:47 — Industrial Foundations Outperform 42:08 — The Problem With VC Fund Structure 43:05 — Dual Class Isn't Enough 44:54 — Building Something That Outlives You 45:03 — Anthropic's Governance Story
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Eric Ries retweetledi
What a day we had at ProductCon New York! 🥳🎇
It was packed with learning from the best product minds, connecting with thousands of product leaders online and in-person, and exchanging ideas and frameworks that *work* in the AI-native world.
A massive THANK YOU to our fantastic speakers – you made this a day to remember!
🎤 @ericries, Author, The Lean Startup & Incorruptible
🎤 Penny Szeto, Head of Gen AI at @amazongames Games
🎤 Vinod Suresh, VP of Product and GM at @GoDaddy
🎤 Mathias Davidsen, VP Solutions for Prototypes at @MiroHQ
🎤 Meaghan Choi, Head of Design for @claudeai Code and Cowork at @AnthropicAI
🎤 Ashley Nutter, SVP of Product at @CNN
🎤 Jefferson Rabb, CPO at @BusinessInsider
🎤 @ArBose, CPO at @asana
🎤 @simonkubica, CEO at Alloy
🎤 Jaime DeLanghe, CPO at @SlackHQ
🎤Carlos Gonzalez de Villaumbrosia, CEO at Product School & Product Partners
A shout out to our wonderful sponsors Miro, Alloy, @fullstory, Asana, Optimal, @conviva, @Contentsquare, @LucidSoftware, @enterpret_ai, Luzmo, Terac, @Replit, @cdatasoftware, @datadoghq, Spring, Dialogue, @Rezoomex, @coassemble – we wouldn't have done it at this scale without you!
Last, but 100% not least, thank you to all of you who gathered in the Metropolitan Pavilion and watched us online! You made this day truly special, and your feedback is what fuels us!
During the next few days, we'll be posting recaps, recorded talks, insights, and other highlights – stay tuned!
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