Eric visits Mishcon de Reya's Cambridge office for an invited-clients-only conversation on Incorruptible during his UK tour. Recording published after.
“Mishcon de Reya — an independent law firm serving businesses and private clients internationally.” — Mishcon de Reya
“One statistic from the book has stuck with me: Harvard Law School research he cites found that only around 20% of venture-backed founders are still #CEO three years after their #IPO. The very success they created pushes them out — and often pushes the mission out with them. He calls the force behind it financial gravity: the quiet, constant pressure on every successful company to prioritise short-term gain over the purpose it was built for. And unless something in the company's design actively resists it, it always wins.”
“I met Eric Ries. Eric is such a downer. That won't happen to you. You're a visionary! A decade earlier, the CEO of a multibillion-dollar startup sought Ries's advice before an IPO. Ries flagged weak points in the company's governance structure, alarming the CEO but the founder's bankers and lawyers dismissed the warning with "Eric is such a downer…" reassuring him he was the exception to the rule. Can you already guess what happened next?”