2,645 karma · joined September 6, 2008
Stock exchanges have the obligation to set standards for the behavior of managers and investors. It’s this dual-stakeholder role that uniquely allows our reforms to take hold.
Believe me, I looked long and hard for an easier way to get this done
Yes, we believe in the role of long-term shareholders in corporate governance
The listing application (and attendant legal docs) is here: https://longtermstockexchange.com/listings/documents/
I know that doesn’t sound super sexy but we believe this is a high-leverage point for reforms
We will have more to say on reforms that relate to reading in the future, but we don’t limit the ability of “tourists” to trade in and out of stocks as normal.
It doesn't seem likely to me that schools will be able to safely reopen in the US anytime soon, so I'd encourage everyone to take a look at the emerging startups appearing in this area, like Prenda, Primer, Dexter [full disclosure, I'm an investor]
Amen
I don’t say any of this to praise Sam (he doesn’t need it) but rather to explain why I thought his interview was interesting.
1. Sam is a leader in SV 2. Sam has done a lot to invest/donate in biotech and nonprofits working on COVID 3. Many biotech companies have pivoted to COVID
The error was mine, not his. Thanks for the feedback.
Sam has invested in a metric ton of COVID relief efforts and startups. I think we'd all be better off if more people followed his example in this respect.
Feedback welcome