Eric Ries, the founder of the Long-Term Stock Exchange and author of The Lean Startup, talks with Vox.com's Ezra Klein at the 2019 Code Conference. In this episode: The LTSE’s recent SEC approval; what’s the point of a stock exchange and why do we need a new one?; the problem with short-term public markets; how would going public on the LTSE be different for CEOs?; how things would change for employees?; the culture of short-term vs. long-term leadership ownership; the values of “Lean Startups”; what public companies and markets could learn from those values; how to attach companies to more stakeholders; The Enlightened Capitalists and the history of business reform; would the LTSE penalize short-term investors?; and Wall Street’s impatience with R&D. Recode Decode has been nominated for best technology podcast in this year’s People’s Choice Podcast Awards! Cast your vote for Recode Decode at https://www.podcastawards.com/app/signup before July 31st. One vote per category.