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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

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)

Revealing conversations with today's most inspiring business, sports, entertainment, and government leaders. Candid interviews with the likes of Sheryl Sandberg, LeBron James, and the founders of companies like Lyft and Tinder. Insightful stories and useful advice about how to get to the top.