why aren't all 8 resolved? a statement only gets an assessment when the public
record can support or contradict it. opinions and what-ifs never can, and 0 checkable
ones are still open, waiting for their date. predictions held up or didn't;
assertions are supported or contradicted. on every card:
▮▮▮▮▮ certainty ·
▮▮▮▮▮ debate potential. speakers are clickable
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.”
Disclosure
Walmart acquired Bonobos strategically to change its image and attract elite talent
“The most strategic part of the plan was to change the narrative. I knew that we didn't have the talent inside of Walmart at the time to do what we needed to do. We had to attract the best people in the world, and at that point, you know, honestly, that wasn't …”
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.”
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.”
Disclosure
Lore and co-founder didn't celebrate selling Diapers.com to Amazon
“We had a big vision for what we wanted to accomplish, and it was cut short. So, yeah, it was, I mean, you would think after a sale like that, we made, obviously, a lot of money, me and my co-founder, but we said, do you want to celebrate? You want to go grab a…”
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.”
Disclosure
Lore's childhood baseball card hustle profited by assembling sorted sets
“Big part of the business was grunt work. We would buy cases of baseball cards that weren't sorted, and then we would basically sort them into full sets, and then sell the sets, and the sets were sold at a premium because somebody had to sort them.”
Disclosure
Marc Lore set a cubicle goal: eight-figure earnings by age 48
“I put a sign on my cubicle that said, Goal. Six figures by 26, seven figures by 37, eight figures by 48.”