Long-Term Stock Exchange Brings In $18.7 Million
October 17, 2017
4:22 pm
![Long-Term Stock Exchange Brings In .7 Million Long-Term Stock Exchange Brings In .7 Million](https://i0.wp.com/newscenter.io/wp-content/uploads/2017/10/Screen-Shot-2017-10-17-at-3.45.19-PM.png?fit=837%2C627&ssl=1)
According to a recent SEC filing, fintech startup Long-Term Stock Exchange (LTSE) raised $18.7 million in financing from three investors.
LTSE is creating an SEC-regulated national securities exchange designed to end the twenty-year decline in the number of U.S. public companies by creating a new listings venue that serves issuers (companies) and investors by prioritizing long-term value creation.
The company was founded by Eric Ries, a serial entrepreneur and New York Times best-selling author best known for pioneering the Lean Startup movement.