Eric Ries
Founder & CEO, Long-Term Stock Exchange. On 10 shows, 11 appearances. The Shows tab opens the full record on each.
authorfounderexecutivehost@ericries ↗LinkedIn ↗theleanstartup.com ↗Wikipedia ↗
Eric Ries is an entrepreneur and author best known for pioneering the Lean Startup methodology and writing The Lean Startup. He is the founder of the Long-Term Stock Exchange and co-founder of Answer.AI.
10shows
11appearances
219statements
52resolved
37supported
4contradicted
71%fully supported
61said about them ↓ Everything Eric Ries said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Ries: Google's Lost AI Opportunity Is a Bigger Debacle Than Kodak
“You know, I think if you do it, if you do the math, that's a bigger corporate debacle from a value creation, value loss perspective than Kodak's inability to commercialize a digital camera, just because the opportunity cost of that is so immense.”
Eric Ries: Vibe coding will cause a Chernobyl-style disaster
“Like this, the vibe coding era is gonna be remembered for a Chernobyl style disaster is my prediction. People are vibe coding software that they do not understand. And it's only a matter of time with all the hype that's being poured into this right now. It is …”
Ries: LLMs degrade actual capabilities and magnify the Dunning-Kruger effect
“The number one biggest finding, I think, for a use of LLMs is that LLMs cause the Dunning-Kruger effect to be magnified. They convince you that you're more capable than you are at while they degrade your actual capabilities.”
Ries: Founders prop up a value-destroying corporate governance system
“Founders either have to agree to or not this system. And so we actually are the ones propping it up. We're giving it the fresh meat it needs to survive because it's so value destroying.”
Ries: Johnson & Johnson covered up asbestos in baby powder for growth
“Again, if you think I'm exaggerating, the product managers at Johnson & Johnson put asbestos in the baby powder. And covered it up because although they said their purpose, their mission statement was patient health, their actual mission had become growth opti…”
Ries: Google's core search engine business is on the brink of collapse
“Listen, Google's on the brink of collapse. You know, obviously they have many other lines of business. I'm sure it'll be fine. But like the search engine is extremely vulnerable now. And obviously with AI on the rise, like people are really worried about what'…”
Ries: Shareholder primacy theory fails even at maximizing shareholder returns
“The investor centric view of corporations, what's called the shareholder primacy theory of corporations is just wrong. It's wrong. Even if all you care about is maximizing returns for shareholders.”
Ries: Anthropic's enterprise AI lead stems from its trust advantage
“I think it's extremely obvious if you look at the data that's been published so far, that part of the reason they have an enterprise advantage is because they have a trust advantage.”
Ries: Developers investing in craftsmanship will run circles around vibe coders
“I think in the long run, people who invest now in craftsmanship, in the understanding of software principles, architectural principles, artistic principles, whatever the thing is, are going to be so much better off. They're going to wind up being like incredib…”
Ries: Quarterly reporting destroys roughly 5% of corporate equity value
“So we actually know the valuation consequences of quarterly reporting, and it's roughly a five percent loss of total equity value. Companies are five percent less valuable when they report quarterly than semiannual. So the academic research on this is pretty g…”
Ries: Trust-governed PBCs are roughly five times more likely to reach year 50
“They created something called the long-term benefit trust. Which is like a multi-branch government, right? So you have the for-profit PPC, and then you have the board of directors accountable to a second entity, this outside trust, and the data shows that comp…”
Ries: AI in-context learning inevitably produces average work
“What they call in context learning is not learning. It's just token prediction does next token guessing. So what happens is it just, it inevitably convinces itself To do average work, because that's what's in the training data.”
Ries: Outsourcing product building to AI slows startups down
“If you just send it off to do the artifacts for you, if you have it make a product that you don't understand how that product is or what it works, if you don't talk to the customers, but you have the machine talk to customers for you, it will not actually acce…”
Ries: Vibe coding will inevitably cause a massive mission-critical disaster
“It's only a matter of time before someone vibe codes their way into a massive mission critical disaster. When they deploy code they think they understand, but they don't.”
Ries: LTSE petition caused SEC to consider ending quarterly reporting
“In fact, if you've noticed, I don't know if you've noticed the headlines in recent months that the SEC is considering eliminating quarterly reporting for the first time in 40 years. That's our petition.”
Ries: Tobacco companies make about $6,000 in profit per customer death
“Data says that tobacco companies make about 6000 dollars per death.”
Ries: Traditional corporate governance 'best practices' destroy corporate value
“The thing I didn't really understand is how much evidence we have that these so-called best practices suck. They're like literally value destroying.”
Ries: Mission-controlled governance outlasts founder or investor control models
“What I really think is that we shouldn't be just building Investor controlled companies or founder controlled companies. There's a third way. Interesting. We can be building mission controlled companies where the mission itself has sovereignty and these compan…”
Ries: Philip Morris generates $600B in annual US external costs
“They have something like eight billion dollars a year in net income. But there's been all these studies. They create six hundred billion dollars a year in costs just in the U.S. That have to be borne by others. I think it's three hundred billion in direct heal…”
Ries: Founders Forget VC Investment Ties Control to Firms, Not Partners
“You forget that you take a venture investment from a venture firm. You're not taking investment from that individual person. You're taking investment from a company. Then that person leaves. And now you're stuck with some new person and you've given all these …”
Ries: Shareholder primacy was never enacted by statutory law or referendum
“In the history of the world. Shareholder primacy has never been subject to any referendum, any legislative action, nothing. So it's weird. If you learned in school, how a bill becomes a law, There's no law for shareholder primacy.”
Ries: Founder control is not a viable long-term governance model
“Founder control is not that great either, because I know a lot of people who are like basically trapped They can never quit their company because they're like the one, they're like literally the human shield blocking every, that's too much. And of course peopl…”
Ries: A 2-2-1 startup board structure effectively gives investors control
“So if you have a board, like classic Silicon Valley board would be two VCs, two founders, and an independent. That's supposed to be fair because it's two and two balance. That is basically just investors control your company.”
Ries: Novo Nordisk would have canceled R&D without foundation merger veto
“So we know for sure That if they had not done this, all of the major R&D programs of Nova Nordisk would have been canceled. We know because the company they were going to merge with two years later was bought by Merck, and that's what happened.”
The other half of the tape: Eric Ries's own voice is left out of every number here. Other people bring the name up 58 times in 34 episodes across the shows. 3 statements on the record name them. every mention, with the transcript →
Who brings them up most Harry Stebbings 7Rob Walling 6Garry Tan 6Scott Cooper 5Jeremy Howard 5Greg Isenberg 5Mike Maples, Jr. 4Alistair Croll 3
Statements about Eric Ries, by other people (3)
Isenberg: Lean Startup landing page validation no longer works in AI era
“The lean startup by Eric Ries talks about how you don't need to actually build anything. You can put a landing page, you can send traffic to it. And based on that, you know, you can figure out what to build. I don't think that works anymore. I think that it's …”
Kupor: Eric Ries is collaborating with policymakers on Long Term Stock Exchange
“Eric is working with a lot of folks in DC to think about this concept of, he calls it the long-term stock exchange, but again, similar idea, which is how do we incent both management teams and employees, as well as incent shareholders to kind of think longer t…”
Andreessen recommends 'Lean Startup', 'Hard Thing About Hard Things', 'Zero to One'
“The Lean Startup book by Eric Reese is very, very good and that book should be read front to back. Second is, ah, Ben Horowitz's book, The Hard Thing About Hard Things, I can't recommend too highly. And the third is Peter Thiel just wrote a book called Zero to…”
Every mention by year
tap a year for its mentions
20VC 21
Startups For the Rest of Us 8
the a16z Podcast 7
Lenny's Podcast 5
Latent Space 5
the Startup Ideas Podcast 5
Capital Allocators 4
the Y Combinator Startup Podcast 3
2026 4 mentions in 3 episodes 1 per episode
2025 6 mentions in 4 episodes 2 per episode
2024 14 mentions in 5 episodes 3 per episode
- Answer.ai & AI Magic with Jeremy Howard
- Mike Maples Jr. - Identifying Startup Pattern Breakers (EP.406)
- Just evil enough: Subversive marketing strategies for startups | Alistair Croll
- Episode 700 | Playing the Long Game
- $1M Startup Trends For 2024, With Michael Karnjanaprakorn
- every mention in 2024, scene by scene →
2023 3 mentions in 3 episodes 1 per episode
2022 1 mention in 1 episode
2021 1 mention in 1 episode
2020 3 mentions in 2 episodes 2 per episode
- 20VC: Floodgate's Mike Maples on 3 Key Breakthroughs Startups Experience in Success, The Rise of Angel and Operator Funds, Multi-Stage Funds Re-Entering Seed Investing and The Insight Development Framework
- Episode 496 | " The Press Cover Expectations. Don't Compare Yourself to Slack or Zoom"
- every mention in 2020, scene by scene →
2019 6 mentions in 3 episodes 2 per episode
2018 2 mentions in 2 episodes 1 per episode
- 20VC: The Core Lessons From Building a 150 Startup Angel Portfolio, Why Founders Who Angel Invest Have Such Strong Advantages and Why The Lean Startup Makes Less and Less Sense Today with Adrian Aoun, Founder & CEO @ Forward
- 20VC: Why The Current Crop Of VC Does Not Understand Design, Why Product Market Fit Is A Liquid Not A Solid & How Graduates Can Optimise Their Career for Personal Development with Steve Vassallo, General Partner @ Foundation Capital
- every mention in 2018, scene by scene →
2017 8 mentions in 5 episodes 2 per episode
- 20VC: eShares' Henry Ward on Why Portfolio Theory Is Wrong? Why Investors Will Never Take Market Risk & Why You have To Have A Line of Sight To A $Bn Outcome
- 20VC: Oren Zeev on Why Diversification Does Not Work, Thesis Based Investing Is Sceptical & Partners Mostly Stay Together For LPs
- 20VC: What Is Core To The Best Investor - Founder Relationships, The Biggest Risk For Founders In The Early Days & Why EQ Is The Most Important Trait For Managers with Jack Altman, Founder & CEO @ Lattice
- Your Whole Goal Is to Not Quit - Courtland Allen of Indie Hackers · Y Combinator
- How Should Business Schools Prepare Students for Startups? – Jeff Bussgang and Michael Seibel · Y Combinator
- every mention in 2017, scene by scene →
2016 8 mentions in 3 episodes 3 per episode
- 20VC: Garry Tan on The Biggest Takeaways From Advising 700 Companies @ Y Combinator & Why Now Is The Golden Age For The Early Stage?
- 20VC: Why The Best CEO's Are The Best Capital Allocators, How You Can Build A Business In A Space You Are Not Passionate About & When Is The Right Time To Put The Pedal To The Metal with Josh Hannah, General Partner @ Matrix Ventures
- 20VC: The 4 Required Powers For A Startup To Be A $500m Business with "The Most Powerful Woman in Startups", Ann Miura Ko, Co-Founder @ Floodgate
- every mention in 2016, scene by scene →
One line per show, most statements first. The link opens Eric's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
| LENNY'S PODCASTLEDGER | Founder & CEO, Long-Term Stock Exchange | 2 | 70 | 62% 13/21 | full record on Lenny's Podcast → |
| a16zLEDGER | Founder & CEO, Long-Term Stock Exchange | 1 | 34 | 50% 1/2 | full record on the a16z Podcast → |
| Y COMBINATORLEDGER | Founder & CEO, Long-Term Stock Exchange | 1 | 23 | 60% 6/10 | full record on the Y Combinator Startup Podcast → |
| CAPITAL ALLOCATORSLEDGER | Founder & CEO, Long-Term Stock Exchange | 1 | 21 | 100% 1/1 | full record on Capital Allocators → |
 MIXERGYLEDGER | Founder & CEO, Long-Term Stock Exchange | 1 | 18 | 100% 6/6 | full record on Mixergy → |
| STARTUP IDEASLEDGER | Founder & CEO, Long-Term Stock Exchange | 1 | 17 | 67% 2/3 | full record on the Startup Ideas Podcast → |
 TBPNLEDGER | Founder & CEO, Long-Term Stock Exchange | 1 | 13 | 100% 4/4 | full record on TBPN → |
| STARTUPS FOR THE REST OF USLEDGER | Founder & CEO, Long-Term Stock Exchange | 1 | 10 | 100% 3/3 | full record on Startups For the Rest of Us → |
| 20VCLEDGER | Founder & CEO, Long-Term Stock Exchange | 1 | 9 | 50% 1/2 | full record on 20VC → |
| LATENT SPACELEDGER | Founder & CEO, Long-Term Stock Exchange | 1 | 4 | — | full record on Latent Space → |