Marc Lore
Marc Lore is a serial entrepreneur and investor. He’s the co-founder of Jet.com; when it was acquired by Walmart, he served as president and CEO of Walmart U.S. e-commerce 2016–2021. He co-founded Diapers.com, 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.
“If you want to move fast, spend a lot of time upfront on clarity. What exactly is your vision?”
— Marc Lore
Marc Lore is all too familiar with leaping into the unknown. One thing he’s learned from all of his audacious endeavors: you can’t leap alone. You need to convince your team, and more importantly, your customers to leap with you.
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.”