Silicon Valley Stock Exchange Debuts in Search for First IPO
- The Long-Term Stock Exchange seeks issuers committed to ESG
- Pandemic delayed exchange’s opening by several months
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The Long-Term Stock Exchange started trading not with a bell, but a videoconference.
Founder and Chief Executive Officer Eric Ries hosted the company’s 39 employees and their families Wednesday as they debuted the stock-trading venue that started as a two-page passage in his 2011 book on entrepreneurship, “The Lean Startup.” After months of delays caused by the pandemic, major U.S. stocks began changing hands on the platform.