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Illustration: Rebecca Zisser/Axios

Twilio (NYSE: TWLO) and Asana (NYSE: ASAN) each agreed to dual-list their shares on the Long-Term Stock Exchange, becoming the first companies to do so.

Why it matters: LTSE eschews short-term gains in favor of longer-term values like ESG and transparency, and these initial listings could give other companies the confidence to sign on.

Backstory: LTSE founder and "The Lean Startup" author Eric Ries has known Twilio CEO Jeff Lawson and Asana CEO Dustin Moskovitz since their companies were being formed, and LTSE began officially working with their teams in Q4 of last year.

Context: Twilio is a cloud communications platform with a $67 billion market cap, while Asana is a project management platform with a market cap just shy of $10 billion.

The bottom line: "Both companies are very stakeholder-oriented, in their own ways. Their missions are expansive and the people who work there think in a non-ironic way that they're making the world a better place." — Eric Ries to Axios

Go deeper

7 mins ago - World

Trudeau's government projected to win Canada election

Canadian Prime Minister Justin Trudeau. Photo: Jeff Vinnick/Getty Images

Canadian Prime Minister Justin Trudeau's Liberal government has been reelected in the national election, the CBC and CTV News projected on Monday night.

Yes, but: "It's still too early to say whether it will be a minority or majority government," the Canadian Broadcasting Corporation reports.

Pelosi's back-to-school math problem

Illustration: Sarah Grillo/Axios

House Speaker Nancy Pelosi (D-Calif.) may need votes from an unlikely source — the Republican Party — if she hopes to pass the bipartisan infrastructure bill by next Monday, as she's promised Democratic centrists.

Why it matters: With at least 20 progressives threatening to vote against the $1.2 trillion bipartisan bill, centrist members are banking on more than 10 Republicans to approve the bill.

By the numbers: Haitian emigration

Expand chart
Data: CBP; Chart: Sara Wise/Axios

The number of Haitians crossing the U.S.-Mexico border had been rising even before their country's president was assassinated in July and the island was struck by an earthquake a month later.

Why it matters: A spike during the past few weeks — leaving thousands waiting in a makeshift camp under a bridge in Del Rio, Texas — has prompted a crackdown and deportations by the Biden administration.