Silicon Valley's Plan to Create a New Stock Exchange

The video discusses Eric Reese's proposal to create a new Stock Exchange in Silicon Valley, focusing on long-term goals rather than short-term metrics. Reese, known for his book 'The Lean Startup', aims to change how companies are evaluated by investors. The process involves gaining SEC approval and convincing companies to list on this new exchange, which is a challenging task due to its novelty.

What long-term goals does Eric Reese aim to promote through his proposed Stock Exchange?

What challenges does Eric Reese face in establishing a new Stock Exchange?