The Full Ratchet #510 (Nick Moran, New Stack Ventures) — 'most founders think governance is paperwork. He believes it is the art of organizational soul craft.'

Eric returns to Nick Moran's The Full Ratchet — a long-running VC podcast on early-stage investing — for Episode 510, working through Lean Startup principles in the AI era, governance fortresses, and case studies from Costco, Novo Nordisk, Anthropic, Silicon Valley Bank, and Facebook.

“Eric Ries says most founders think governance is paperwork. He believes it is the art of organizational soul craft. His new book, Incorruptible, explores how great companies scale without losing their soul. We discuss whether Lean Startup principles still apply in the AI era, why companies drift from their missions, how founders can build 'governance fortresses,' and why structures like public benefit corporations, perpetual purpose trusts, and nonprofit ownership models can help companies endure.” — Nick Moran on LinkedIn (The Full Ratchet Ep 510)