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Eric Ries

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10 May

Eric RiesKorrents 10 May

From one piece How Anthropic, Costco, and Patagonia all build incorruptible companies | Eric Ries 3 beliefs, in the piece's order there

korrents.com
The corporate best practices lawyers and bankers push on founders are younger than the trees in the local park.

startups

Their words

so many of the best practices that your lawyers, your bankers, whoever advisers you have, they're going to be pushing best practices on you that are younger than the trees in your local park.

youtube.com
korrents.com
Only a fifth of venture-backed founders are still CEO three years after going public, and the standard documents their lawyers gave them are why.

startups

Their words

According to Harvard Law School, among venturebacked companies that have the standard best practices set up that you got from your lawyer, okay, only 20% of founders are still the CEO 3 years after going public.

youtube.com
korrents.com
Organizations are dragged into mediocrity by a force no one controls but everyone obeys, until their founders lose control of what they built.

startups

Their words

I call it the force that no one controls but everyone obeys that tends to drag organizations down into mediocrity to the point that we lose control of them. Now, sometimes we lose control of them because we get fired.

youtube.com

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