Walmart

includes Walmart Fulfillment Services

11 statements across 10 episodes · 3 bullish · 6 bearish · 10 people on the record · first statement Sep 4, 2017 by Phil Black · said 147 times in 83 episodes since 2016 · across every show →

Mentions by year, the whole family

brought up most by Harry Stebbings (43), Cliff Obrecht (7), Tim Ferriss (4), Jeff Immelt (4), David George (4), Mark Carney (3), Marc Lore (3), Maggie Hott (3)

tap a year for its mentions
00158301520162017201820192020202120222023202420252026episodesmentions
081520162017201820192020202120222023202420252026episodes it came up in
002.57.551520162017201820192020202120222023202420252026episodesmentions per episode
2026 14 mentions in 10 episodes 1 per episode
2025 26 mentions in 12 episodes 2 per episode
2024 8 mentions in 8 episodes 1 per episode
2023 19 mentions in 9 episodes 2 per episode
2022 19 mentions in 11 episodes 2 per episode
2021 16 mentions in 7 episodes 2 per episode
2020 3 mentions in 3 episodes 1 per episode
2019 23 mentions in 5 episodes 5 per episode
2018 10 mentions in 10 episodes 1 per episode
2017 6 mentions in 5 episodes 1 per episode
2016 3 mentions in 3 episodes 1 per episode

every mention, scene by scene, with the transcript →

Everything said about Walmart, oldest first

Sep 4, 2017 negative
What-if
Walmart could have bought Jet.com for one dollar by waiting
“That would have, they could have had that for a dollar if they just would have waited.”
Phil Black Sep 4, 2017 ▶ 21:17 20VC: True Ventures Founder, Phil Black on 4 Major Risk Categories for Startups, Why The Funding Gap Is At The "Rational B" Round & Why VCs Must Start Small But Think Big
Jul 17, 2018 negative
Insight
Elad Gil: Amazon's Low-Margin Playbook Fails for Most Tech Companies
“I think that in Silicon Valley, too many people are stuck on Amazon as the primary model for what will succeed as a company, and Amazon is actually the exception versus the rule. In other words, Amazon is a company that went for very high market share with ver…”
Elad Gil Jul 17, 2018 ▶ 28:28 20VC: Elad Gil's High Growth Handbook on The Commonalities of The Truly Great CEOs, How To Hire The Very Best Execs, Why Cash is A Defensible Moat Today & The Pros and Cons of M&A and IPOs
Nov 9, 2018 bullish
Prediction Didn’t hold up
Garg: Gobble plans to hit multi-billion dollar valuation and revenue levels
“We have our plan to reach the multi-billion dollar valuation and revenue levels in the next upcoming years with a number of these efforts, and we just recently closed a deal with Walmart”
Ooshma Garg Nov 9, 2018 ▶ 29:08 20VC: Being A Wartime Leader in a Time of Peace, Why Marketing Channel Diversification Is Like The Life of A Scientist and Why Small and Mighty Beats Loud and Weak with Ooshma Garg, Founder & CEO @ Gobble
Jun 3, 2019 positive
Assertion Not publicly verifiable
Coelius: Triggit grew from $1M to $30M in revenue in 12 months
“For my company, Trigger, it was like, we basically went from being a very broad sort of demand-side platform, and all those things we could do, to like, hey, we give you retargeting on Facebook. And the moment we did that, suddenly, Walmart, Best Buy, HomeDevo…”
Zach Coelius Jun 3, 2019 ▶ 23:24 20VC: Why Portfolio Construction Is Inefficient, Why The Only Thing That Matters In Venture Is Pricing & The Future of Venture; Bundled or Unbundled with Zach Coelius
Oct 11, 2019 positive
Assertion Supported
Carlson: Walmarts outnumber community colleges within driving distance of Americans
“There are more Walmarts within driving distance of Americans than community colleges.”
Rachel Carlson Oct 11, 2019 ▶ 21:00 20VC: Guild Education's Rachel Carlson on The Benefits of Scaling Startups Outside of Silicon Valley, Why Mission and Margin Are So Tightly Integrated & Why Mums Are The Most Under-Utilised Asset In The Economy
Oct 11, 2019 neutral
Assertion Partly supported
Carlson: 85% of Americans shop and 10% of households work at Walmart
“85% of Americans shop at Walmart, and 10% of American households work at Walmart.”
Rachel Carlson Oct 11, 2019 ▶ 20:06 20VC: Guild Education's Rachel Carlson on The Benefits of Scaling Startups Outside of Silicon Valley, Why Mission and Margin Are So Tightly Integrated & Why Mums Are The Most Under-Utilised Asset In The Economy
Jul 12, 2021
Assertion Not checkable as stated
Marc Lore: Walmart Acquired Jet.com for Talent and Tech, Not Customers
“When Walmart made the acquisition, that was a, probably the single biggest reason why they were interested in spending three billion dollars for Jet. It certainly wasn't the market penetration, the customers that they were buying. They were buying the team and…”
Marc Lore Jul 12, 2021 ▶ 31:56 20VC: Jet.com's Marc Lore on How To Assess Human Potential and "The Resume Test", Why Chief People Officer Should be One of Your First Hires and Why We Need a New Type of Venture Capital
Sep 27, 2021 bearish
Assertion Contradicted
Amazon and Walmart lose trillions annually in inventory waste
“If you look into the inventory losses and the wastage costs of the likes of Walmart, or even an Amazon, or like normal supermarket chain, it's in the trillions of how much they're losing on a yearly basis of like food and other items that are actually being so…”
Ralf Wenzel Sep 27, 2021 ▶ 10:58 20VC: The Rise of Quick Commerce and Why CPGs ARe Misaligned Being Powered By Ad Spend, The 5 Core Components Consumers Care About When Ordering Today & Why Amazon and Alibaba Will Not Be The Big Players in 10 Years with Ralf Wenzel, Founder & CEO @ JOKR
Jul 22, 2022 bearish
Opinion
Samani: Bitcoin is nonsense and not an inflation hedge
“No. Bitcoin is nonsense. It does not, there are so many ways to, you can choose to have a productive asset or a nonproductive asset. And then there are many assets that are naturally good hedges against inflation. The obvious of which is like Walmart and Amazo…”
Kyle Samani Jul 22, 2022 ▶ 47:35 Kyle Samani: Why Bitcoin is Not a Hedge Against Inflation | 20VC #909 · 20VC with Harry Stebbings
Aug 21, 2023 negative
Assertion Not checkable as stated
Huber: Tech VCs haven't set foot in a Walmart in 10 years
“These folks have not been in a Walmart in 10 years. They have, they just haven't been in one. They haven't looked at the average American. They have no idea what the average American thinks about, you know, looks for, eats does with their free time. They have …”
Nick Huber Aug 21, 2023 ▶ 31:29 Nick Huber: Biggest Lies of Silicon Valley; Lost Art of Delegation; How to Grow Your Network | E1051 · 20VC with Harry Stebbings
Sep 18, 2023 bearish
Assertion Not checkable as stated
Stebbings: Enterprise experimental budgets for AI software are already churning
“I'm already starting to see actually the churn take place, which is like the experimental corporate budgets, which were like one or two seats, but they were at Walmart. You're seeing them churn already.”
Harry Stebbings Sep 18, 2023 ▶ 1:25:53 Miles Grimshaw: The 5 Pillars of Venture Capital & Why Co-Pilot is an Incumbent Strategy | E1061 · 20VC with Harry Stebbings
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