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While working on “The Lean Startup”, a book that would go on to become a bestseller, author Eric Ries suggested in the epilogue that someone should build a new, long-term stock exchange.
According to Ries, its reforms would change the frantic quarterly cycle to encourage investors and firms to make better decisions in the years ahead. Many readers were said to have told him to “kill that crazy part about the exchange”.
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Determined to prove his skeptics ... (read more)