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Launching a $500b startup


Since stepping down as Walmart’s president of e-commerce at the start of 2021, billionaire entrepreneur Marc Lore has had a busy year of big ideas. Chief among them: a new American city called Telosa, centered around sustainability and inclusion. Lore approaches moonshot ideas by reverting to the fundamentals: “VCP: vision, capital, people.”

“VCP: vision, capital, people. If you get VCP right, everything else falls in place.”

— Marc Lore
About the guest:

Marc Lore is a serial entrepreneur and investor. He’s the co-founder of; when it was acquired by Walmart, he served as president and CEO of Walmart U.S. e-commerce 2016–2021. He co-founded, acquired by Amazon. In 2021, he became a part-owner of the NBA and WNBA teams the Minnesota Timberwolves and Minnesota Lynx. Also in 2021, he announced Telosa, a city he’s building from scratch.

About the host:

Bob Safian is the host of Masters of Scale: Rapid Response, and the editor-at-large for Masters of Scale. He’s the founder of The Flux Group, a media, insights, and strategic advisory firm. He was previously editor-in-chief of Fast Company, where he won the National Magazine Award for Magazine of the Year in 2014.

Transcript of Masters of Scale: Launching a $500b startup
Masters of Scale’s mission is to democratize entrepreneurship. Launched in 2017 as a weekly podcast featuring Reid Hoffman, we’re now two weekly podcasts — Masters of Scale with Reid Hoffman, and Masters of Scale: Rapid Response, hosted by Bob Safian — as well as an award-winning daily learning app, a best-selling book, virtual and live events, and more, serving a global community of founders, funders, and leaders looking to innovate at scale.
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