The Pit

other on 3 shows · 5 statements across 2 episodes · said 14 times in 5 episodes since 2021

How I Built This 7 My First Million 5 Lenny's Podcast 2

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How I Built This 7My First Million 5Lenny's Podcast 2

2026 6 mentions in 3 episodes 2 per episode
2021 8 mentions in 2 episodes 4 per episode

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5 statements about The Pit, every show

HOW I BUILT THIS Assertion Not checkable as stated
Marc Lore invested his entire $390,000 life savings to launch The Pit
“I invested 390,000 of my own money into the company. And, you know, the investors, the angel investors said, we're not sure about this idea, but wait, I see here, Mark, you invested 390 grand. That's a lot of money. You know, you're not that old. Why 390 and w…”
Marc Lore Mar 30, 2026 ▶ 21:04 diapers.com: Marc Lore. The ecommerce visionary who lost to Amazon but still made billions (2021)
HOW I BUILT THIS Assertion Not publicly verifiable
The Pit generated $10M in transaction volume in its first 10 months
“The first 10 months, we were doing about ten million in transaction revenue.”
Marc Lore Mar 30, 2026 ▶ 22:37 diapers.com: Marc Lore. The ecommerce visionary who lost to Amazon but still made billions (2021)
HOW I BUILT THIS Assertion Not publicly verifiable
Lore: The Pit raised $5M from 60 angel investors
“We raised five million dollars, all from 60 angel investors.”
Marc Lore May 17, 2021 ▶ 20:16 Diapers.com & Jet.com: Marc Lore
HOW I BUILT THIS Assertion Not checkable as stated
Lore invested his entire $390,000 net worth into The Pit
“I invested 390,000 of my own money Into the company.”
Marc Lore May 17, 2021 ▶ 20:27 Diapers.com & Jet.com: Marc Lore
HOW I BUILT THIS Assertion Not checkable as stated
Lore: The Pit did around $10M in transaction revenue in 10 months
“The first 10 months, we were doing about ten million in transaction revenue.”
Marc Lore May 17, 2021 ▶ 22:00 Diapers.com & Jet.com: Marc Lore

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