Eric Ries, author of 'The Lean Startup,' discusses his new book 'Incorruptible,' which examines why successful companies lose their founding mission and how founders can use structural governance tools to protect their companies from shareholder primacy and hostile takeovers. He argues that the dominant corporate governance model — shareholder primacy — is a relatively recent and destructive invention, and that mission-controlled companies with proper structural integrity consistently outperform traditional Delaware C-Corps. Through case studies like Costco, Novo Nordisk, and Anthropic, he makes the case for Public Benefit Corporations and foundation-backed ownership structures.
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