Outthinkers #168 (Kaihan Krippendorff) — Eric: 'a mission statement to build a great product… but your corporate structure says to maximize shareholder value, you're lying.'
Kaihan Krippendorff runs Eric on Outthinkers #168 days after launch, framing it as 'the most important book written in business in the last 2 to 3 years' and walking through the tourists-can-vote metaphor for shareholder primacy plus the 6× longevity multiplier for mission-controlled companies.
“If you say you have a mission statement to build a great product, to care about quality, to take care of your customers, but your legal purpose and your corporate structure says to maximize shareholder value, you're lying. I'm sorry. You're lying to your customers, you're lying to employees, you're lying to yourself.” — Eric Ries on Outthinkers podcast (Kaihan Krippendorff)