Earlier quoted context omitted.
I wrote a whole book about it :)
Ha! I should have seen that coming :-)
you walked right into it. but happy to answer questions about the details anytime
I'm Eric Ries, author of "The Lean Startup" and new book "Incorruptible" – AMA
321–330 of 618 posts
Re: I'm Eric Ries, author of "The Lean Startup" and new book "Incorruptible" – AMA
#322Hi Eric, I enjoyed the book during "solve.it" course (Closed reading). Reading it again second time.
thank you! and thanks for being an early adopter twice over. respect
Re: I'm Eric Ries, author of "The Lean Startup" and new book "Incorruptible" – AMA
#323I'm glad you're doing this. I am aware of _Incorruptible_ from seeing posts on LinkedIn, but from your description here, I now realize I'm going to love this book! I wasn't going to make time to check it out, but I will now! Where does Apple fall on the Incorruptible spectrum? Is it covered in the book?
Apple is not covered in the book (except via a few Steve Jobs anecdotes). I'm just not plugged in enough to their internal culture to be able to comment intelligently.
Tell me what's different about this page vs what you've seen on LinkedIn? maybe I can learn how to promote the book better!
Re: I'm Eric Ries, author of "The Lean Startup" and new book "Incorruptible" – AMA
#324Earlier quoted context omitted.
I hate the word "exit" altogether. It's only the investors who are leaving Middle Earth; the rest of us are still try to make this thing work. I address your question in much more detail in the book, using examples as varied as Mondragon in Spain, John Lewis Partnership in the UK, and Vanguard and credit unions here in the US. We actually have pretty good evidence that these other structures are more resilient and mo…
Did you look at Patagonia Inc. as an example? I wasn't aware of the new book but am more interested in it now.
oh yes, they are the lead case study in Chapter 7
Re: I'm Eric Ries, author of "The Lean Startup" and new book "Incorruptible" – AMA
#325Earlier quoted context omitted.
I hate the word "exit" altogether. It's only the investors who are leaving Middle Earth; the rest of us are still try to make this thing work. I address your question in much more detail in the book, using examples as varied as Mondragon in Spain, John Lewis Partnership in the UK, and Vanguard and credit unions here in the US. We actually have pretty good evidence that these other structures are more resilient and mo…
> So many of us have been taught that it is the fate of the small to be destroyed by the big, since they are more ruthless and more powerful. But the evidence doesn't really support this just-so story. This is the comment I came here to read. Thank you, I already have a copy of the book and intend to dig in more on these themes specifically.
thank you!
Re: I'm Eric Ries, author of "The Lean Startup" and new book "Incorruptible" – AMA
#326I finished The Lean Startup a few days ago, and I really felt the power of the ideas you've shared there coming from a heavily technical background; incredible work. It's already been 14+ years since you wrote the book; I wonder if a second edition is something you have in mind, or at least on your consideration list
I've thought about it over the years, but never pulled the trigger. This used to drive me crazy when I was younger. When an author who became "older and wiser" decided to make a new edition of the book in which they hedged all their bold claims with all the caveats that they had gained through experience. I always thought such old people were cowards. Of course, now I understand why they do it.
Re: I'm Eric Ries, author of "The Lean Startup" and new book "Incorruptible" – AMA
#327I finished The Lean Startup a few days ago, and I really felt the power of the ideas you've shared there coming from a heavily technical background; incredible work. It's already been 14+ years since you wrote the book; I wonder if a second edition is something you have in mind, or at least on your consideration list
I've thought about it over the years, but never pulled the trigger. This used to drive me crazy when I was younger. When an author who became "older and wiser" decided to make a new edition of the book in which they hedged all their bold claims with all the caveats that they had gained through experience. I always thought such old people were cowards. Of course, now I understand why they do it.
If I was going to do a new edition, what would you want to see in it?
Re: I'm Eric Ries, author of "The Lean Startup" and new book "Incorruptible" – AMA
#328What are your thoughts on the big tech CEOs and the current administration?
Not great, Bob!
Re: I'm Eric Ries, author of "The Lean Startup" and new book "Incorruptible" – AMA
#329Just curious what other types of 'gravities' exist in organizations? In a negative gravity example, something I've seen as a social contagion is when some people start resigning it tends to spread and then the organization slowly decays (or quiets quits)
Gravity toward ads/ad-related revenue.
Ain't that the truth? At the very end of the book, I call these companies "addicts creating more addicts." You might enjoy that part.
Re: I'm Eric Ries, author of "The Lean Startup" and new book "Incorruptible" – AMA
#330First, I have not read the book. You mentioned Novo Nordisk, but given the current context and so many changes that employees/company has undergone recently and the way it is performing, do you still think that it was a good example to include here. What factors played for it to suddenly undergo so much when you have mentioned they have been structured to resist gravity and thrive for decades -- or even centuries?
I've been reading the book. The important part is in 2004 they were offered to be acquired by serono. Because of their governance they were able to say no to the acquisition. Meanwhile serono was later acquired by merck and largely shut down. Back in 2004 novo was about $2.5 a share. Now at its current price even after a huge downturn it is $43.3 So that 17x gain you can attribute advantages with how they governed th…
You said it pretty well here. I'm not claiming that any company I profile is perfect, only (in this case) that they've had incredible longevity.