Jet.com

11 statements across 3 episodes · 5 bullish · 0 bearish · 3 people on the record · first statement Jan 21, 2019 by Andy Dunn · said 59 times in 8 episodes since 2019 · across every show →

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brought up most by Guy Raz (50), Andy Dunn (8), Jen Rubio (1)

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2026 22 mentions in 1 episode
2024 5 mentions in 1 episode
2022 14 mentions in 3 episodes 5 per episode
2021 13 mentions in 1 episode
2019 5 mentions in 2 episodes 3 per episode

every mention, scene by scene, with the transcript →

Everything said about Jet.com, oldest first

Jan 21, 2019 positive
Opinion
Dunn: Marc Lore is probably the East Coast's best e-commerce entrepreneur
“So probably the best third-party e-commerce entrepreneur on the East Coast.”
Andy Dunn Jan 21, 2019 ▶ 55:52 Bonobos: Andy Dunn
May 17, 2021
Assertion Partly supported
Lore: Jet.com raised $618M despite having negative gross margins
“But the real key was raising, we did a six hundred and eighteen million dollar Series A. So we'd raised some money before that, and then we had the six hundred million Series A. That was a really tough round to get done. That was, at that time, we had negative…”
Marc Lore May 17, 2021 ▶ 1:00:18 Diapers.com & Jet.com: Marc Lore
May 17, 2021 positive
What-if
Lore: Jet.com's $50 annual membership model would have succeeded
“No, I still continue to think to this day that that would have worked well.”
Marc Lore May 17, 2021 ▶ 58:34 Diapers.com & Jet.com: Marc Lore
May 17, 2021
Assertion Supported
Walmart's $3.3B Jet acquisition was the largest US e-commerce startup buyout
“It was the highest anyone had ever paid to acquire an e-commerce startup in the US at that point.”
Guy Raz May 17, 2021 ▶ 1:03:11 Diapers.com & Jet.com: Marc Lore
May 17, 2021
Assertion Not checkable as stated
Lore: Jet.com was burning about $40M per month
“We were burning about forty million a month.”
Marc Lore May 17, 2021 ▶ 1:00:16 Diapers.com & Jet.com: Marc Lore
May 17, 2021 bullish
Assertion Partly supported
Lore: Jet.com reached a $1B revenue run rate in 10 months
“I mean, we got to a billion run rate in revenue within 10 months of the business launching, which was, I think, probably unprecedented at the time.”
Marc Lore May 17, 2021 ▶ 55:36 Diapers.com & Jet.com: Marc Lore
Mar 30, 2026
Assertion Partly supported
Jet.com raised a $618M Series A while operating with negative gross margins
“But the real key was raising, we did a six hundred and eighteen million dollar Series A. So we'd raised some money before that, and then we had the six hundred million Series A. That was a really tough round to get done. That was, at that time, we had negative…”
Marc Lore Mar 30, 2026 ▶ 1:00:24 diapers.com: Marc Lore. The ecommerce visionary who lost to Amazon but still made billions (2021)
Mar 30, 2026 positive
Disclosure
Jet.com paid identical salaries to all employees at the same organizational tier
“The transparency of salaries so everybody could see what everybody else was making. The fact that everybody in the company at the same level made exactly the same amount, you know, to really prevent unconscious bias from creeping in and things like that.”
Marc Lore Mar 30, 2026 ▶ 57:33 diapers.com: Marc Lore. The ecommerce visionary who lost to Amazon but still made billions (2021)
Mar 30, 2026 bullish
Assertion Supported
Jet.com reached a $1B revenue run rate within 10 months of launching
“I mean, we got to a billion people Run rate in revenue within 10 months of the business launching, which was I think probably unprecedented at the time.”
Marc Lore Mar 30, 2026 ▶ 56:17 diapers.com: Marc Lore. The ecommerce visionary who lost to Amazon but still made billions (2021)
Mar 30, 2026
Assertion Not checkable as stated
Jet.com burned roughly $40 million per month after its launch
“We were burning about forty million a month.”
Marc Lore Mar 30, 2026 ▶ 1:00:21 diapers.com: Marc Lore. The ecommerce visionary who lost to Amazon but still made billions (2021)
Mar 30, 2026
Disclosure
Lore pitched investors that Jet.com would lose $3B before turning profitable
“I told the investors we needed, we were gonna lose three billion dollars.”
Marc Lore Mar 30, 2026 ▶ 59:38 diapers.com: Marc Lore. The ecommerce visionary who lost to Amazon but still made billions (2021)
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