From the Desk of Eric Ries 

September 2021

"Now is the time for bold action that charts a new path. This generation has an amazing opportunity to advance human progress—if we seize it."

Last month, LTSE's first billboards went up in San Francisco and New York. They announce a milestone I'm honored to have reached: our first two listings, Asana and Twilio. When I founded LTSE, I knew it was going to take dedication and work from a huge number of people to realize our vision of changing the capital markets to benefit not just the few, but all of us. As we built the company over the last ten years, I've been lucky to discover many like-minded people who have joined me in various ways. Now, they include Asana and Twilio, companies designed to support a better future for everyone. Being first to list on LTSE is just the continuation of their pioneering work. You can read more about our shared commitments in the Letter to Our Future I wrote to commemorate their listings, which is the source of billboard text and the quote above.[Hiring]

Automate Medical, which builds open source tools for digital healthcare is looking for their first developer. Read more about the company and the job here.

nura, an Australian company that has reimagined audio and headphones, is looking for a visual designer.Initialized Capital is looking for people in several areas.LTSE has a number of open roles. You can see them here.

[Conversations and Coverage]Silicon Valley's LTSE finally lists its first companies: Twilio and AsanaWhy this brand-new stock exchange ditched an opening bellSilicon Valley Exchange Lists First Two Companies in ESG PushGovernment Should Embrace the Advantages of the MVP Approach

10 Year Look Back Since The Lean Startup[Other Readings]The Shareholder Value Myth"Shareholder primacy looks at the world from the perspective of a Platonic shareholder who only cares about one company's share price at one moment in time. Yet no such Platonic entity exists. 'Shareholders' are actually human beings who happen to own shares, and human beings have different interests and different values."How Late Zhou China Reverse-Engineered a Civilization"Technology is the systematic application of knowledge, achieving goals that would otherwise be impossible....Like material technologies, people can develop social technologies to facilitate the flourishing of society and its people."The Pandemic Showed That Big Tech Isn't A Public Health Savior“'Big tech companies can be extremely useful,' says Andrew Schroeder, who runs analytics programs at the humanitarian aid organization Direct Relief. 'The question is, how do you make sure that designing with the public good in mind actually happens?'”An Ohio Factory's Test: Will Higher Wages Help More Than They Hurt?"Businesses across the country are struggling to find employees as the economy picks up, with some companies dangling incentives of $1,000 or more to lure new workers. Mr. Braun’s gamble will help answer the crucial question: Can they deliver raises without hurting the business?"The Other Invisible Hand"Sadly, current capitalism too often mimics the logic of cancer — unconstrained greed-is-good games have metastasized throughout our body politic. And economists routinely call behaviors 'rational' that produce predictably collectively painful or bad outcomes."