Walmart could have bought Jet.com for one dollar by waiting
Phil Black · 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 · Sep 4, 2017 · at 21:17
Phil Black, co-founder of True Ventures, reflects on Walmart's $3 billion acquisition of Jet.com shortly after he publicly called Jet.com a struggling unicorn.
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“That would have, they could have had that for a dollar if they just would have waited.”
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