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Eric Ries
Innovator and Author based in San Francisco
Eric Ries is an American entrepreneur, author, and the CEO of the Long-Term Stock Exchange (LTSE), a platform designed to support companies that prioritize long-term value creation. Born on September 22, 1978, he graduated from Yale University and has a background in technology and startups, having co-founded IMVU, a social networking site, where he served as CTO.
Ries is best known for authoring The Lean Startup, a book that outlines a methodology for developing businesses and products that emphasizes rapid prototyping, validated learning, and customer feedback. This methodology has significantly influenced the startup ecosystem and introduced concepts such as the "pivot," which has become widely used in business discussions.
In 2015, he began organizing the LTSE, which aims to realign the interests of companies and long-term investors, addressing the pressures of short-termism that often affect corporate decision-making. The LTSE officially opened for business in 2019, providing a unique public market environment that encourages sustainable business practices and stakeholder engagement.1456
Ries has also contributed to various educational initiatives, including serving as a faculty chair at Singularity University and holding positions as a fellow at IDEO and a general partner at New Context. His work continues to focus on fostering environments where companies can thrive by focusing on long-term goals rather than short-term gains.23
Highlights
In this episode of The Eric Ries Show, I’m joined by @blader, a four-time founder and the CEO and CFO of his latest venture, @runwayco. Runway offers a modern, user-friendly platform for financial modeling, headcount planning, and departmental budgeting—proudly branding itself as “the finance platform your team doesn’t hate.” With its distinctive marketing and brand-building approach, Runway has garnered significant attention. (Full disclosure: I’m an investor in the company.)
Siqi and I discuss his journey from building some of the most viral social games in Silicon Valley to founding Runway. We also delve into the challenges faced by technical founders, the art of viewing a business as a product, and how Siqi has sharpened his strategic thinking. Other key topics include:
Lessons from founding Serious Business 🔵 Critiques of Zynga’s strategy and the story of selling to them 🔵 Practical advice for building trust 🔵 Insights into Leaders in Tech and Stanford’s GSB program 🔵 The importance of crafting clear, universally understood company values 🔵 An overview of Runway’s platform, mission, and values 🔵 A fresh take on the fallacy of work-life balance 🔵 And so much more!
You can listen to or watch the episode here:
🎥 YouTube: https://t.co/w47XWCChjy 🎙️ Spotify: https://t.co/YEWagmbIb8 🎙️ Apple: https://t.co/0P9fuplxs7
Seems like @benwikler is gonna win
