Andrew Yang Podcast Marc Lore’s $Billion Food Business: How AI is Changing What We Eat
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Mar 31, 2025 
Marc Lore, billionaire entrepreneur and co-owner of the Minnesota Timberwolves, discusses his innovative food delivery service, Wonder. He explains how AI is transforming food sustainability and personal dining experiences. Marc shares his entrepreneurial journey, from launching Diapers.com to building billion-dollar companies. He highlights the integration of technology in meal planning to optimize health and reduce waste. The conversation also delves into partnerships with celebrity chefs that elevate home dining and the importance of embracing change in business.
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Early Entrepreneurial Ventures
- Marc Lore's entrepreneurial journey began with ventures like recycling and lemonade stands.
- He quit banking at 28 to pursue entrepreneurship, selling his first startup to Topps.
Diapers.com's Early Struggles and Creative Solution
- Diapers.com initially struggled to get diaper manufacturers to sell directly.
- Lore and his co-founder bought from BJ's and Costco, eventually convincing P&G to sell direct after creatively pressuring a store manager.
Jet.com: A Worthy Competitor
- After selling Diapers.com to Amazon, Lore launched Jet.com, an Amazon rival.
- Jet.com's unique selling proposition was dynamic pricing based on logistics costs, leading to rapid growth and acquisition by Walmart.