How much do you blame our values of our society for creating corrupt businesses? Are corrupt businesses just a mirror of our own values?
I'm Eric Ries, author of "The Lean Startup" and new book "Incorruptible" – AMA
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Re: I'm Eric Ries, author of "The Lean Startup" and new book "Incorruptible" – AMA
#72Re: I'm Eric Ries, author of "The Lean Startup" and new book "Incorruptible" – AMA
#73[edit] Removed as my link was to a different Eric Ries.
That is deeply disappointing.
Re: I'm Eric Ries, author of "The Lean Startup" and new book "Incorruptible" – AMA
#74I wrote a blog post called "Revenue Model is More Important than Culture" (it made the #1 spot on HackerNews a few years ago) arguing that the way to avoid that corruption is by making sure the business model is immune to it, but having read your thoughts, I'd say your argument (structure being the dominant term) is even stronger.
Re: I'm Eric Ries, author of "The Lean Startup" and new book "Incorruptible" – AMA
#75> how a handful of companies (like Costco[..]) have successfully been structured to resist gravity "I came to (Jim Sinegal) once and I said, ‘Jim, we can’t sell this hot dog for a buck fifty," Jelineck recalled[..]. "We are losing our rear ends.’ And he said, ‘If you raise the effing hot dog, I will kill you." That's not structure, that's leadership. They were about to change the price, but one guy at the top with au…
Yeah, there's no rule structure that can't be skirted and subverted by new owners with different objectives. The most resilient way to preserve your values is to:
Only take care, and keep your soul diligently,
lest you forget the things your eyes have seen,
and lest they depart from your heart all the days of your life.
Teach them to your children and to your children's children.
Your successors don't need to be your literal children, but if you turn your company over to "strangers with money" you can't be surprised when they do what they want with their new possession.Re: I'm Eric Ries, author of "The Lean Startup" and new book "Incorruptible" – AMA
#76Re: I'm Eric Ries, author of "The Lean Startup" and new book "Incorruptible" – AMA
#77Any examples of corrupted companies that you’d like to share? I’m especially curious about your thoughts on Meta and Google, the biggest startups of their time and how they evolved.
I write about both companies (briefly) in the book. I've noticed in the comments I get from readers that people still feel very tenderly towards Google, remembering that incredible sense of idealism they instilled in so many of us when they went public. So I had to be very careful what I wrote about Google; I actually mostly left the critique to ex-Google employees, by quoting a dataset of people who had been at Goog…
The idealism that has been sucked out of the tech industry. It was so (naively) hopeful at one point, and now the arms race and profit-maximization has eroded it all. Your observations really resonate with me.
I'm surprised I hadn't heard of the Long-Term Stock Exchange, it seems like a much healthier direction for the market.
Re: I'm Eric Ries, author of "The Lean Startup" and new book "Incorruptible" – AMA
#78I've read The Lean Startup during undergrad and it was a bible to me at the time, thank you for your work, you got me into startup culture in a place where everyone else did not support of it. One question I have for you is on finances, I think that still remains an afterthought in startup hustle culture, and perhaps even by design, I feel like the system is designed so that VCs keep winning and founders rarely get t…
That and, don’t accept money from strangers. :)
Re: I'm Eric Ries, author of "The Lean Startup" and new book "Incorruptible" – AMA
#79How are corruption and enshittification related?
I didn't want to be seen as trying to co-opt Cory's thesis or (very memorable) phrase. His critique is more focused on the tech industry and its particular illness at this time. I wanted a word that was much broader, capturing how this tech behavior is one symptom of a larger illness that has been afflicting our economy for some time. So I settled on the old-fashioned term "corruption"