How I Built This with Guy Raz HIBT Lab! Wonder: Marc Lore
Sep 22, 2022
Marc Lore, founder of Diapers.com and Jet.com, now leads the innovative food delivery service Wonder, recently valued at $3.5 billion. He discusses his mission to revolutionize food delivery, focusing on how specialized vans prepare meals on demand to ensure quality. Marc shares insights on overcoming entrepreneurial challenges, including inflation and supply chain issues, while emphasizing the importance of passion in building successful businesses. He also teases new ideas and the relentless spirit of entrepreneurship.
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Early Life and Drive
- Marc Lore, driven by his family's modest background, became the first college graduate in his family.
- He even qualified for the U.S. Men's National Bobsled Team, showcasing his diverse pursuits.
Entrepreneurial Preference
- Marc Lore thrives in entrepreneurial settings, preferring autonomy and fast-paced building.
- He leans towards high-risk, high-reward ventures, unlike risk-averse corporations.
Post-Walmart Ventures
- After leaving Walmart, Lore co-founded about six companies, including Mojo, a sports stock market.
- Other ventures include Wizard (conversational commerce), Jump (dynamic ticketing), and Thoughtful (thoughtfulness app).