The Long-Term Stock Exchange (LTSE) was created for “trading the stocks of companies organized to sustain long-term thinking.”

LTSE is initially targeting private companies that share its vision around environmental, social, and governance (ESG) goals. Specifically, LTSE firms must publish and maintain specific policies that take into account all stakeholders. LTSE also offers a number of software tools used by 60k+ builders to help manage startup resources.

Ultimately, the exchange’s standards will limit the market -- but that’s fine, LTSE’s Ries told CNBC: “The goal [of the other exchanges] is to maximize trading revenue… [LTSE] is for companies who can get held to a higher standard.”

Contexts

• https://blog.ltse.com/the-long-term-stock-exchange-opens-for-business-38b13f51e87b
• 🏷️#eric_ries📝Eric Ries