Prosper breakfast @ The Old Sessions House (London) — Eric Ries in conversation with Nick Perrett on Incorruptible

“"Corruption breaks the logic of capitalism itself" and yet here we are, surrounded by an economy that increasingly rewards value destruction over value creation.”

“Thanks to Eric Ries and Prosper for hosting me today for breakfast. My usual rule is that I don't read industry books, only fiction, but will be making an exception here.”

“𝐀𝐧 𝐞𝐯𝐞𝐧𝐢𝐧𝐠 𝐰𝐢𝐭𝐡 Eric Ries. 𝐀𝐧𝐝 𝐚 𝐫𝐞𝐦𝐢𝐧𝐝𝐞𝐫 𝐭𝐡𝐚𝐭 𝐬𝐨𝐦𝐞𝐭𝐢𝐦𝐞𝐬, 𝐭𝐡𝐞 𝐛𝐞𝐬𝐭 𝐭𝐡𝐢𝐧𝐠 𝐚 𝐟𝐨𝐮𝐧𝐝𝐞𝐫 𝐜𝐚𝐧 𝐝𝐨 𝐢𝐬… 𝐥𝐢𝐬𝐭𝐞𝐧.”

“One of the big challenges Eric Ries put to the audience — what is your definition of a company? As Eric put it, if you thought it was a vital living thing that is designed to make high quality products that make your customers lives better, you are suckers. In fact when the pressure mounts and push comes to shove, the only thing that counts is maximizing shareholder value. It is the default mission statement written into almost every company charter in the U.S. or articles of incorporation in the UK.”