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Walmart.com CEO Marc Lore: How I sold my 1st startup for $6 million, 2nd startup for $550 million and 3rd startup for $3+ billion
FromThis Is Success
Walmart.com CEO Marc Lore: How I sold my 1st startup for $6 million, 2nd startup for $550 million and 3rd startup for $3+ billion
FromThis Is Success
ratings:
Length:
31 minutes
Released:
Jan 12, 2018
Format:
Podcast episode
Description
Marc Lore's first big startup sold diapers, and it was bought by Amazon for more than $500 million. Instead of celebrating, Lore felt a let down. After Amazon, he went on to found a competitor, called Jet.com, which he recently sold to Walmart for $3 billion in cash, plus stock. This time, he's had a number of reasons to celebrate. Now he's the president and CEO of Walmart eCommerce in the U.S. The stock is way up. On this episode of "Success! How I Did It," Lore describes how he founded several companies with his childhood friends, and what made the Walmart deal different than Amazon's.
Released:
Jan 12, 2018
Format:
Podcast episode
Titles in the series (99)
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