korrents

Our readingWhat is a korrent?

Becoming a public benefit corporation does not make you the good guys, but it does stop investors suing you for pursuing your stated purpose.

Drawn from what Eric Ries said

investing
What this subject means

investing Putting money into markets on purpose: what a portfolio is for, whether active management earns its cost, and what money is actually a means to.

What Eric Ries actually said

  1. Eric Ries Author of The Lean Startup and Incorruptible
    It doesn't guarantee that you're the good guys. Okay? Just writing it down doesn't do that much. But it does solve one very specific problem, which is if someone one day sues you saying you breached your fiduciary duty to investors, you could say, "Nope, investors agreed that this is our purpose to do this thing.

Added to korrents 7 Sept 2026 · How quotes work · Something wrong? Tell us

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