I want to create a company and I want to sell it for a hundred million plus to Walmart or Amazon in three years.

What opportunities exist in the e-commerce world that Amazon or Walmart would buy my company because they desperately need something that I'm selling or sometimes a solution that I've created.

Would you like him to do anything else for you Sam? The most specific question.

No, that's actually not that specific.

I like it.

All right. Today we have Mark Laurie on the podcast. This guy is an OG of e-commerce. He sold diapers.com to Amazon for like $600 million.

He created jet.com and sold it to Walmart for $3.5 billion. Good guy. He came on and me and Sam were pretty blown away.

We kind of little fanboys of his right now. So we enjoyed the episode. He had a bunch of good ideas. He talked about how to go raise a bunch of money to go after a big vision.

He had some ideas in healthcare. Sam asked him a great question. If I wanted to start a company today that I could sell for a hundred million dollars to Amazon or Walmart, what product would you recommend I start?

He had a fantastic answer. He had ideas at the end. At the beginning he talked a little bit about his approach to why he bought the Minnesota Timberwolves and how he's going to run the team, how he builds his team, how he hires people, stuff like that.

The beginning is more philosophy and his ideas.

He also had a great answer. I asked someone when you bought the basketball team, you just send a huge wire. Just hearing those details is really interesting. But we do a whole long debrief at the end of this episode, which you might even find more interesting in the actual episode because it's always fun to discuss.

I always find the recap to be one of the most exciting. So give it a listen.

He was great. I think you're going to love it. And we liked him so much. We wanted to come back on one hour was not enough. And here's what we ask you to do. Listen to the episode. If you're liking it, he said he's big on LinkedIn. So go to his LinkedIn. His name is Mark Laurie.

Last name is L O R E. And just go pop comments on one of his LinkedIn posts and just say, hey, if I like, if you like the episode, just tell him, love the episode. Come back on. And I think if you get some enough messages, we will be able to bring it back on and go deeper on a bunch of ideas that we didn't get to do today.

All right. Here's the episode. Enjoy.

Okay. Cool. So we have a guest here. Sam, do you want to you want to team up who who is on the line? Yes. So e-commerce tycoon successful billionaire. And as of 2017 is exceptionally jacked in ball. Mark, I have to ask you which of these is your favorite part of Jeff Bezos.

It says been polishing that one up for the last hour event. No, Mark Laurie, we have Mark, you've got a lot of stuff. You started four different things, right? Four different startups that have successfully exited. The most popular one is probably more that are in stealth that I'm really settled about. Maybe I can share a little bit about.

We want to learn all about it. But the biggest one was jet.com. That's one probably everyone knows before that you did diapers.com, which you sold to Amazon for 550 million bucks ish. That one might have been bigger because that was sold to Amazon very early and Amazon appreciated a lot since then. So maybe that one. I don't know. You tell us which one is which one ends up bigger is it the early the early one or jet.

I think no jet definitely. I mean, stock doubled over the last four and a half years. That was that was good. I got to thank you for that when they bought you. I bought the stock because I was like, yeah, there's plenty of room to run here for Walmart e-commerce. And yeah, I feel like I was a part of the company. I want a little bit as well just off the news.

And you and then you also sold the company called the pit, which is all the tops. That was like for 5.7 right back in the day and prior to that, you were you worked in banking. But then before that, you were a runner. So I was a runner. I ran the 200 meter and 400 meter. What was your?

I ran high 21s the 200 and 48 for the 400 same with me almost exactly the same. Yeah, high 21s high 48s exactly. Yeah, I got slower as the distance but longer and 400 was sort of long. I was better.

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