399: Billionaire Marc Lore Chats Diapers, Buying the Timberwolves, and Creating the Next Generation of Restaurants

The Foundr Podcast with Nathan Chan

Nathan Chan

Marketing, Business, Entrepreneurship

4.8 • 662 Ratings

🗓️ 9 March 2022

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

Marc Lore has been a successful entrepreneur since he sold baseball cards as a kid. Now he’s tackling society’s biggest challenges using the skill sets and vision forged in his business career. Previously, Marc founded and sold innovative ecommerce platforms diapers.com and jet.com to Amazon and Walmart, respectively. Last year he launched Wonder, a startup creating an entirely new way to experience restaurant-quality food. Listen to Nate and Marc discuss: Building diapers.com and selling to Amazon Starting and selling jet.com for $3.3 billion in 2 years Why Walmart gave his team the keys to scaling their ecommerce business Buying the Minnesota Timberwolves with Alex Rodriguez Creating the next generation of restaurants with the Wonder Group How Gwyneth Paltrow joined the Wonder board of directors Why Marc is building a city from scratch called Telosa And much more business wisdom… Who do you want to see next on the podcast? Comment and let us know! And don't forget to leave us a 5-star review if you loved this episode. Wait, there's more… If you enjoy the Foundr podcast, check out our free trainings. Get exclusive, actionable advice from some of the world's best entrepreneurs. For more Foundr content, follow us on your favorite platform: Foundr.com Instagram YouTube Facebook Twitter LinkedIn Magazine

Transcript

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0:00.0	This is episode number 399 with Mark Lorry of the Founder Podcast.
0:07.0	What you need is thirst.
0:08.8	You need to be a thirsty human who is intent on learning.
0:12.8	It's a really fascinating exploration of human potential.
0:16.4	Now.
0:19.0	The Founder Podcast.
0:24.3	Even the greatest entrepreneurs had help.
0:29.6	If you want to learn from the most successful founders on the planet, you are in the right place.
0:36.9	Branson, Mark Cuban, Tony Robbins, Tim Ferriss, Arianna Huffington, Steve Case, Gary V, Sophia Amoroso, Barbara Corcoran, Damon John.
0:47.5	Learn from the greatest minds in business today with interviews hosted by Nathan Chan. This is not your average entrepreneur podcast. The Founder Podcast.
0:58.7	Hey guys, thank you so much for tuning in. Before we start today's episode, I just want to let you know that our goal at founder is to help entrepreneurs succeed however we can by giving
1:04.3	away high quality content in the form of interviews, blog posts, podcasts, YouTube videos,
1:10.5	you name it. We put out so much content to help you.
1:13.6	And another interesting project that we're working on right now is partnering with world-class
1:18.5	founders like Damon John, Alexa von Tobel, Greta Van Riel, and so many more to teach crucial
1:24.5	skills like negotiation, finance, e-commerce, and so much more.
1:30.7	So if you'd like to get access to these free trainings with founders like this, which is 100%
1:37.0	free, just go to founder.com forward slash free.
1:40.9	Okay, so now let's talk about today's episode.
1:43.7	Hey guys, welcome back to another episode. Today's
1:47.4	guest is an absolute mogul. He sold his first company, diapers.com, to Amazon for 540 million.
1:56.1	Then he sold Jet.com to Walmart for 3.3 billion and most recently bought an NBA team. Today, he's working
	...

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