eries

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241.
by eries 5y ago
Thanks! The SEC's rules around trading (today) really prohibit a lot of the "obvious" ideas people have had about how to slow down trading. We have some stuff in the works here, but it won't be public for a while. That s
242.
by eries 5y ago
The research is pretty clear that companies run in a long-term way are more profitable, resilient and lead to better returns for investors. I can't speak to which stocks will do better than others, but we built the listing standards to
243.
by eries 5y ago
It's definitely not for everybody!
244.
by eries 5y ago
If/when the regulatory framework exists to do this in a compliant way, we would be open to it
245.
by eries 5y ago
Yes, I think it's a very natural fit. The first wave of B-corps that went public had a very bad experience, and I think the problem was that they did not have the right financial infrastructure around them to support their vision. We h
246.
by eries 5y ago
We are currently a private tech company, so only accredited investors have been able to invest so far. We hope to list publicly one day.
247.
by eries 5y ago
Yes there is much research in this area. Personally, I first got interested in this as a philosophical matter from reading about Toyota and its history (which has been extensively researched) I think it's interesting that you use the w
248.
by eries 5y ago
This is a great question. Let me take it in parts. First off, you're right that the most important place for support is via companies. Ultimately, that's what matters. But you'd be surprised how much voice people have in infl
249.
by eries 5y ago
Thank you!
250.
by eries 5y ago
Stay tuned...
251.
by eries 5y ago
Founder/CEO of LTSE here. Happy to answer questions if anyone wants to know more, AMA
252.
Long Term Stock Exchange (YC S17) is hiring a senior full-stack engineer(jobs.lever.co)
1 points by eries 6y ago
253.
by eries 6y ago
Trading has to happen via a broker that is a member of the exchange (as is true for every other exchange). If you are part of a firm that would like to become a member, the information is here: https://longtermstockexchange.com&#
254.
by eries 6y ago
Thank you for sharing. I’m delighted you had a good experience
255.
by eries 6y ago
Each principle requires a corresponding policy enactment / which must be verifiable and enforceable
256.
by eries 6y ago
I do think there is such a thing as good activism, when investors use their own long-term position in a company to insist on changes and accountability which they plan to benefit from over time. And I also think there is bad activism, which
257.
by eries 6y ago
No, that's not legal under US law at this time
258.
by eries 6y ago
Yes, similar to NYSE and NASDAQ. All of our exchange fees are regulated: https://www.sec.gov/rules/sro/ltse.htm
259.
by eries 6y ago
Sure. Here's Citadel's profile from FINRA: https://files.brokercheck.finra.org/firm/firm_116797.pdf Scroll down to page 9, you'll see they are a member of The Long-Term Stock Exchange
260.
by eries 6y ago
I'm not sure I had any of those 5 things when I began this journey, tbh
261.
by eries 6y ago
Maybe start with the summary? https://longtermstockexchange.com/listings Or the white paper: https://longtermstockexchange.com/static/principals_for_lt_s... Or the rules themselves: https://
262.
by eries 6y ago
Sure. All of the details are available in public filings and on our website. You might start here: https://longtermstockexchange.com/listings or here: https://longtermstockexchange.com/static/principals
263.
by eries 6y ago
I'm happy to clarify further. There is nothing in the summary above that is accurate so I wasn't sure what else to say. Please feel free to ask followup questions, I'll do my best to get to them today
264.
by eries 6y ago
thank you!
265.
by eries 6y ago
We offer the same level of liquidity as incumbent exchanges, per SEC requirements
266.
by eries 6y ago
Definitely not
267.
by eries 6y ago
No companies are listed on our exchange - yet
268.
by eries 6y ago
I'll try: The charter governs the relationship of the company to its investor. A share of stock is a contract between those parties. The charter controls what the stock "means" no matter where it trades.
269.
by eries 6y ago
I've posted links elsewhere in this thread to the exact points of differentiation. You can even read the legal filings, if you are so inclined. We support (and encourage) dual-listing, so that a company can still benefit from our prote
270.
by eries 6y ago
Yes, you can buy or sell any US exchange-listed security on LTSE starting today. If you check the market share tracker at CBOE you can see the "notional dollar value" of the shares which have transacted on the platform today: htt

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