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NEW ECONOMIES (38K subscribers) — Eric on the advice founders are handed: 'They are designed to make you lose control of your company by force or by corruption'

NEW ECONOMIES (38K subscribers) — Eric on the advice founders are handed: 'They are designed to make you lose control of your company by force or by corruption'

NEW ECONOMIES is a YouTube interview channel with 38,400 subscribers, whose host opens by telling Eric that The Lean Startup was the first business book his parents bought him. The hour covers financial gravity, the 'any lawful act or activity' clause that standard incorporation documents in America default to and that courts read as a duty to maximize shareholder value, and the mission protective provisions a young company can adopt.

“They are designed to make you lose control of your company by force or by corruption. Either way, it's the same to you. This company will betray you eventually. We spend so much energy as leaders focused on the surface characteristics of organizations, but also worthy of our attention are the underlying forces that shape organizations.” — Eric Ries on NEW ECONOMIES, 'The Simple Blueprint to Never Lose Control of Your Company'
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