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AcquiredDec 30, 2019

The Lean Startup and the Long-Term Stock Exchange (with Eric Ries)

Summary, books mentioned, source context, and timestamps for The Lean Startup and the Long-Term Stock Exchange (with Eric Ries) on Acquired.

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The Lean Startup and the Long-Term Stock Exchange (with Eric Ries) includes mentions of Four Steps to the Epiphany, The Lean Startup by Eric Ries, Crossing the Chasm by Jeffrey Moore, and One Share, Two Votes, with indexed source context and timestamps where available.

3 books from this episode

Indexed context: The host emphasizes the importance of the book 'Four Steps to the Epiphany' by sharing their experience of distributing it to their entire team. This…

Indexed context: The host mentions 'The Lean Startup' to highlight how the idea for the LTSE originated while Eric Ries was writing the book. This connection illustra…

Crossing the Chasm
Jeffrey Moore

Indexed context: The host discusses the importance of customer feedback in product development, referencing 'Crossing the Chasm' as a significant influence on this pe…

Guest: Eric Ries
Episode summary
Season 5, Episode 10: The Lean Startup and the Long-Term Stock Exchange (with Eric Ries) Acquired closes out Season 5 and 2019 with a radical look into both the past and future decades of startup company building, investing and - yes, exiting - in conversation with legendary Lean Startup author Eric Ries. Nine years on from pioneering the now-canonical concepts of product-market fit, minimum viable products, and pivots during the aftermath of the financial crisis, Eric’s new venture at the Long-Term Stock Exchange represents an equally ambitious attempt to rewrite the orthodoxy of how companies and their investors manage liquidity, governance and alignment around longterm value creation. Like Lean Startup a decade before it, can LTSE help address some of the endemic problems in this generation’s startup ecosystem — excessive capital raising, stay-private-longer, dual-class founder hegemony, extreme illiquidity and quarterly earnings myopia? Tune in to find out!
Mention timeline

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Four Steps to the Epiphany

The host emphasizes the importance of the book 'Four Steps to the Epiphany' by sharing their experience of distributi…

Card
The Lean Startup
Eric Ries

The host mentions 'The Lean Startup' to highlight how the idea for the LTSE originated while Eric Ries was writing th…

Card
Crossing the Chasm
Jeffrey Moore

The host discusses the importance of customer feedback in product development, referencing 'Crossing the Chasm' as a…

Card
One Share, Two Votes

The host discusses the implications of dual class share structures and mentions the book 'One Share, Two Votes' to hi…

Card
The Innovator's Dilemma

The host discusses the importance of customer feedback in product development, referencing 'The Innovator's Dilemma'…

Card
Snow Crash
Neal Stephenson

The host mentions 'Snow Crash' as a shared cultural reference among people in the tech startup scene. It highlights t…

Card
Book mentions6
Media mentions1
Quick answers

Quick FAQ

Answers to common summary, books, and takeaway questions for this episode.

What is The Lean Startup and the Long-Term Stock Exchange (with Eric Ries) about?

Summary, books mentioned, source context, and timestamps for The Lean Startup and the Long-Term Stock Exchange (with Eric Ries) on Acquired.

What are the main takeaways from The Lean Startup and the Long-Term Stock Exchange (with Eric Ries)?

These themes are drawn from the indexed episode description and linked mentions for The Lean Startup and the Long-Term Stock Exchange (with Eric Ries).

  • The conversation centers on customer discovery in marketing.
  • A second recurring theme is dual class share structures.
  • Referenced books include Four Steps to the Epiphany and The Lean Startup by Eric Ries.
  • Related interests include team leaders and managers and Entrepreneurs and startup founders.

Which books are mentioned in The Lean Startup and the Long-Term Stock Exchange (with Eric Ries)?

Four Steps to the Epiphany, The Lean Startup by Eric Ries, and Crossing the Chasm by Jeffrey Moore are the clearest linked books in this episode, each tied back to source cards and timestamps where available.

How can I check the source context for The Lean Startup and the Long-Term Stock Exchange (with Eric Ries)?

This page brings together episode context, book references, and links back to the source audio. Indexed descriptions help locate a passage; listening to the episode provides its original wording and context.

Topics in this conversation

Explore the subjects connected to the book mentions below.

Mention types
Deep Dive(3)Critical Analysis(1)Highly Recommended(1)Passing Reference(1)
Related interests
team leaders and managersEntrepreneurs and startup foundersMarketers and product developersinvestors and corporate governance advocatesaspiring entrepreneurs and tech enthusiasts

Books Mentioned

The full list below is ranked by how useful each mention is to a listener: stronger recommendation language, clearer source context, and better timestamp support rise first.

Four Steps to the Epiphany cover
Best for team leaders and managersOften cited around team development strategies

Indexed context

I just remember buying copies of four steps epiphany for like everyone on my team and be like, well, everyone read this on Friday.

View mention details
Sentiment: Highly Recommended
For: team leaders and managers
Indexed context: I just remember buying copies of four steps epiphany for like everyone on my team and be like, well, everyone read this on Friday.
The host emphasizes the importance of the book 'Four Steps to the Epiphany' by sharing their experience of distributing it to their entire team. This suggests that the book contains valuable insights that the host believes everyone should absorb.
Direct Amazon listing · affiliate link
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The Lean Startup cover
Best for Entrepreneurs and startup foundersOften cited around Eric Ries and his book

Indexed context

Listeners, you may know Eric's name from his popular 2011 book, The Lean Startup. The LTSE was actually started from an idea that Eric had while writing the book.

View mention details
Sentiment: Deep Dive
For: Entrepreneurs and startup founders
Indexed context: The LTSE was actually started from an idea that Eric had while writing the book.
The host mentions 'The Lean Startup' to highlight how the idea for the LTSE originated while Eric Ries was writing the book. This connection illustrates the practical application of the book's principles in real-world entrepreneurial ventures.
Direct Amazon listing · affiliate link
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Crossing the Chasm cover
Crossing the Chasm
Jeffrey Moore
Best for Marketers and product developersOften cited around customer discovery in marketing

Indexed context

He was very into crossing the chasm and the innovators dilemma.

View mention details
Sentiment: Deep Dive
For: Marketers and product developers
Indexed context: Was he influenced by crossing the chasm? Yeah. Yeah. Yeah. He was very into crossing the chasm and the innovators dilemma.
The host discusses the importance of customer feedback in product development, referencing 'Crossing the Chasm' as a significant influence on this perspective. They highlight how the book emphasizes the need for marketers to engage with customers to inform product roadmaps, contrasting it with traditional engineering approaches.
Direct Amazon listing · affiliate link
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One Share, Two Votes cover
Best for investors and corporate governance advocatesOften cited around dual class share structures

Indexed context

There's a big Wall Street Journal article about this book called One Share, Two Votes, basically like how hedge funds, they borrow extra money like right at the last second before a proxy contest to get extra votes like that day.

View mention details
Sentiment: Critical Analysis
For: investors and corporate governance advocates
Indexed context: there's a big Wall Street Journal article about this book called One Share, Two Votes, basically like how hedge funds, they borrow extra money like right at the last second before a proxy contest to get extra votes like that day and then get it.
The host discusses the implications of dual class share structures and mentions the book 'One Share, Two Votes' to highlight the controversial practices surrounding voting rights in corporations. The book serves as a critique of how hedge funds manipulate voting systems, emphasizing the need for a more equitable approach to shareholder participation.
Direct Amazon listing · affiliate link
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The Innovator's Dilemma cover
Best for Marketers and product developersOften cited around customer discovery in marketing

Indexed context

He was very into crossing the chasm and the innovators dilemma.

View mention details
Sentiment: Deep Dive
For: Marketers and product developers
Indexed context: It's about what they tell you.
The host discusses the importance of customer feedback in product development, referencing 'The Innovator's Dilemma' to highlight a shift in thinking about marketing and engineering collaboration. This book is mentioned as a foundational text that influenced the approach to understanding market needs versus technical capabilities.
Direct Amazon listing · affiliate link
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Snow Crash cover
Snow Crash
Neal Stephenson
Best for aspiring entrepreneurs and tech enthusiastsOften cited around entrepreneurship and startups

Indexed context

The speaker mentions that they and their colleagues had all read 'Snow Crash' and the same sci-fi books, indicating its influence in the context of startups and virtual reality.

View mention details
Sentiment: Passing Reference
For: aspiring entrepreneurs and tech enthusiasts
Indexed context: we'd all read Snow Crash and the same sci-fi books.
The host mentions 'Snow Crash' as a shared cultural reference among people in the tech startup scene. It highlights the influence of sci-fi literature on their entrepreneurial journeys and aspirations.
Direct Amazon listing · affiliate link
Check price
Book picks by email

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Four Steps to the Epiphany
Acquired · 20:13
Indexed context: The host emphasizes the importance of the book 'Four Steps to the Epiphany' by sharing their experience of distributing it to their entire team. This…
The Lean Startup
Acquired · 1:19
Indexed context: The host mentions 'The Lean Startup' to highlight how the idea for the LTSE originated while Eric Ries was writing the book. This connection illustra…
Crossing the Chasm
Acquired · 19:42
Indexed context: The host discusses the importance of customer feedback in product development, referencing 'Crossing the Chasm' as a significant influence on this pe…
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Four Steps to the Epiphany cover
Mentioned at 20:13
Four Steps to the Epiphany

The host emphasizes the importance of the book 'Four Steps to the Epiphany' by sharing their experience of distributing it to their entire team. Th…

Direct Amazon listing · affiliate link
The Lean Startup cover
Mentioned at 1:19
The Lean Startup
Eric Ries

The host mentions 'The Lean Startup' to highlight how the idea for the LTSE originated while Eric Ries was writing the book. This connection illust…

Direct Amazon listing · affiliate link
Crossing the Chasm cover
Mentioned at 19:42
Crossing the Chasm
Jeffrey Moore

The host discusses the importance of customer feedback in product development, referencing 'Crossing the Chasm' as a significant influence on this…

Direct Amazon listing · affiliate link

Movies & Documentaries Mentioned

Movie

The Social Network

Indexed context

The speaker reflects on their experience during the early days of a startup, comparing it to the first half of the movie, The Social Network Experience.