Financial Risk Management - Why Does It Exist?

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Financial risk management was sort of a new profession at the time in banking, didn't really exist. The checks started rolling in right before mark and leve had even built their product. Mark found a gap in the market that no one else was crazy enough to fill but customers were so thirsty for they would pay front for this unproven product That's an p right there.

Marc Lore is all too familiar with leaping into the unknown. He’s made leaps of faith as the founder of Diapers.com, Jet.com, the CEO of Walmart U.S. e-commerce, and now, as a part owner of NBA/WNBA teams, along with Telosa, a city that he’s announced he’s building from scratch. One thing he’s learned from all of these audacious endeavors: you can’t leap alone. You need to convince your team, and more importantly, your customers to leap with you. As you’ll hear in this episode, Lore’s many leaps have evolved the way he assesses the risk involved. And each time, he's refined his method for bringing others – including customers, investors, co-founders and suppliers – along with him.

Listen to Mark Lore on Rapid Response: https://link.chtbl.com/LoreMoSBlurb

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