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What is the Future of Equity?
Time to find out!
Hey all! I have a quick ask to help out my friends at LTSE. First off, what is LTSE? Well it stands for the Long Term Stock Exchange, and they are essentially building the stock exchange for founders, CEOs, and investors who are thinking long term about their impact as a company or shareholder. Right now, the public market incentives force companies to operate on a quarterly basis, and if number aren’t hit, they get punished. We all know true change doesn’t happen in quarters, nor does it happen in years. It happens in decades, and LTSE is building the stock exchange that supports founders wanting to create lasting change without dealing with short term shareholder consequences while getting there.
Right now, LTSE has a major focus on the idea of equity, and how to leverage it to build these long lasting and enduring companies. A key part of equity strategy is how to think about allocating equity to employees. Equity is one of the most important tools a founder has in their toolkit to engage, incentivize, and bring out the best in team members. And it’s proven for decades to work. With all of that said, we have a problem here.
In the last three years, the great resignation has rocked every market, tech included. In addition, COVID has turned an IRL world to a remote one in a just a couple of years. Combine the great resignation with COVID, and the benchmarks that used to be in place have all changed. No one knows what the new normal is.
Well, LTSE has put together an initiative to help the startup industry benchmark how founders are thinking about equity in this new world. Dubbed “the Future of Equity”, they created a survey for founders asking about how they are thinking about their equity strategy at this time. The goal is to get thousands of founders to fill this survey out, so then there is a new benchmark for the new age of equity.
To know what the future of equity will be, we need to know what the present of equity is. If you are a founder reading this, I encourage you check out the survey and fill it out. You will not only get the results back to inform your own equity strategy, but you will be contributing to a mission that I personally think is one of the most important initiatives of the modern era. Long term thinking is not in short supply, but incentives for it thrive are. This survey helps LTSE get one step closer to accomplishing their mission. I hope you consider filling it out. Thanks!