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New York Times DealBook: Eric on the financial system that pulls organizations toward extraction

New York Times DealBook: Eric on the financial system that pulls organizations toward extraction

Sarah Kessler interviews Eric for The New York Times' DealBook newsletter, framing the book inside a piece on the macroeconomic backdrop of U.S. debt reaching 100% of GDP. Eric's core line: the financial system has a gravitational pull toward mediocrity that organizations must be designed to resist.

“We built this financial system that has this gravitational pull down into mediocrity and to extraction and exploitation. You can imagine building a different financial system, but until we get there, my goal is simply to have people be able to build organizations that can resist that.” — Sarah Kessler in NYT DealBook (quoting Eric Ries)
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Additional coverage

  • Quote relayed via David Boghossian on LinkedIn ↗