Zuckerberg has been the master of acquisitions in the past couple of years, having the audacity to pay $22b for WhatsApp and $2b for a *pre-customer* Oculus. Think about that for a moment. Zuck paid $2b for a company without a market, and that may take a decade to have 100m users — if that ever happens!
Over the past few years, I have been assembling an incredible team to make this change a reality. We call our new company the Long-Term Stock Exchange (LTSE), and I am honored to serve as CEO. The LTSE will seek to encourage long-term thinking through listing standards, guidance, tools, and services aimed to give all parties the incentive to focus on the long term.