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The Pit

5 statements across 2 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement May 17, 2021 by Marc Lore · said 7 times in 2 episodes since 2021 · across every show →

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brought up most by Guy Raz (7)

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2026 4 mentions in 1 episode
2021 3 mentions in 1 episode

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Everything said about The Pit, oldest first

May 17, 2021 neutral
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
May 17, 2021 neutral
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
May 17, 2021 neutral
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
Mar 30, 2026
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)
Mar 30, 2026
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)
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