Wonder

10 statements across 2 episodes · 7 bullish · 0 bearish · 2 people on the record · first statement Sep 22, 2022 by Guy Raz · said 21 times in 2 episodes since 2022 · across every show →

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brought up most by Guy Raz (21)

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2024 5 mentions in 1 episode
2022 16 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Wonder, oldest first

Sep 22, 2022 positive
Assertion Supported
Raz: Marc Lore's food delivery startup Wonder reached a $3.5 billion valuation
“He was first on the show back in May of 2021, and he's back on the lab today to talk about his latest venture called Wonder, which was just valued at a whopping three and a half billion dollars.”
Guy Raz Sep 22, 2022 ▶ 12:03 HIBT Lab! Wonder: Marc Lore
Sep 22, 2022 bullish
Prediction Didn’t hold up
Lore: Wonder expects to partner with 30 restaurant chains by July 2023
“So by next summer, by July, we'll have 30 restaurant chains, which we believe is, is around the right number.”
Marc Lore Sep 22, 2022 ▶ 27:43 HIBT Lab! Wonder: Marc Lore
Sep 22, 2022 positive
Assertion Not checkable as stated
Lore: Nearly 75% of Wonder customers place a repeat order within 60 days
“Close to three quarters of all the customers that try it will come back in the first 60 days.”
Marc Lore Sep 22, 2022 ▶ 17:33 HIBT Lab! Wonder: Marc Lore
Sep 22, 2022 neutral
Prediction Open · timeframe Sep 2037
Lore: Rolling Wonder out across the US will take 10 to 15 years
“It's going to take probably, you know, 10 to 15 years to roll it out across the country. It's not something you do in just a couple years.”
Marc Lore Sep 22, 2022 ▶ 25:49 HIBT Lab! Wonder: Marc Lore
Sep 22, 2022 neutral
Assertion Supported
Lore: Wonder mobile food trucks operate with a single driver-cook
“The one person drives and cooks and brings it to your door. So there's only one person on the truck.”
Marc Lore Sep 22, 2022 ▶ 11:00 HIBT Lab! Wonder: Marc Lore
Sep 22, 2022 bullish
Assertion Supported
Lore: Wonder built 20 mobile restaurant chains that cook at customer doors
“Well, we've built now 20 restaurant chains across all different cuisines, and we put it on a mobile platform so that the restaurant actually comes to you, cooks right outside your door very fast in a high-speed convection oven, and brings the food piping hot t…”
Marc Lore Sep 22, 2022 ▶ 9:57 HIBT Lab! Wonder: Marc Lore
Sep 22, 2022 positive
Disclosure
Lore: Wonder gives all workers starting pay over $20, benefits, and equity
“We pay people pretty well, so it's over 20 dollars an hour starting, and up from there, full health benefits, and we also give everyone stock in wonder.”
Marc Lore Sep 22, 2022 ▶ 21:02 HIBT Lab! Wonder: Marc Lore
Sep 22, 2022 positive
Insight
Lore: Capital-intensive, difficult-to-execute businesses provide the best defense against copycats
“I like hard businesses. I like businesses that require capital and are hard. To execute, because if you pull it off it makes it really difficult to be a copycat.”
Marc Lore Sep 22, 2022 ▶ 33:59 HIBT Lab! Wonder: Marc Lore
Sep 22, 2022 positive
Assertion Not checkable as stated
Lore: Wonder achieved over 70% household penetration in its first launch market
“In Westfield, the first town, we're over 70% household penetration.”
Marc Lore Sep 22, 2022 ▶ 17:48 HIBT Lab! Wonder: Marc Lore
Dec 26, 2024 neutral
Disclosure
Lore killed $30M in revenue and 450 trucks to pivot Wonder
“Telling the board 450 trucks on the road and thirty million in revenue. We're going to take that to zero. We're selling the trucks. We'll take revenue to zero.”
Marc Lore Dec 26, 2024 ▶ 6:13 Advice Line with Serial Entrepreneur Marc Lore
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