Ries: Trust-governed PBCs are roughly five times more likely to reach year 50
Eric Ries · The Lean Startup Author on What Ruins Good Companies · May 26, 2026 · at 18:32
Eric Ries discusses Anthropic's Long-Term Benefit Trust governance architecture and research on enterprise longevity.
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“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 companies with that structure are something like five times more likely to live to year 50, and have like way better long-term value creation metrics too.”
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