Marc Lore
14 statements across 2 episodes · 9 bullish · 1 bearish · 3 people on the record · first statement May 26, 2021 by Marc Lore · said 23 times in 13 episodes since 2021 · across every show →
On the record as a speaker too: Marc Lore's record, appearances and statements → this page counts the times other people say the name.
Mentions by year
brought up most by Sam Parr (18), Shaan Puri (3), Steph Smith (1), Brett Adcock (1)
tap a year for its mentions
2023 2 mentions in 2 episodes 1 per episode
2022 3 mentions in 3 episodes 1 per episode
2021 18 mentions in 8 episodes 2 per episode
- Why You Shouldn't Be A Slave to a 40 Hour Work Week | My First Million #212
- Dave Portnoy vs The World, Extreme Body Monitoring, "How Much is Pomp Worth?", and More
- Why Today Is the Day to Ask For a Raise | My First Million #216
- How Mr Beast Got 100M Views in Less Than 4 Days, The $25M Chrome Extension, QVC for Mobile, and More
- Making Millions Improving Mobility & How to Beat LinkedIn | My First Million #184
- How to Have an Early Adopter Mindset, ConstitutionDAO, Optimizing Twitter Bios, and More
- How a $25 Million a Year Sweepstakes Business Works | My First Million #193
- How Vending Machines are Generating Millions & The Next Big Social App | My First Million #187
- every mention in 2021, scene by scene →
Everything said about Marc Lore, oldest first
May 26, 2021 bullish
Marc Lore backed a stealth mobile kitchen startup that cooks in driveways
“Well, what if you cooked in a mobile kitchen if the restaurant basically came to you and it cooked in your driveway? Hot, much faster because the trucks are already on the road. And so they're likely just minutes away. And so I made a pretty big bet on that co…”
May 26, 2021
A Jet.com contest winner turned an $18K ad spend into $20M
“With, when Jet was growing or early on with Jet, they had a contest. I don't know if you've seen this article, but they had a contest about who can acquire the most customers for Jet. You become a marketer, you go spread the word, whoever, whoever does, whoeve…”
May 26, 2021 positive
Marc Lore: Deep industry expertise can hinder clean-slate invention
“Sometimes I, if you know too much about a space, it's hard to clean slate and invent because you kind of like get tied too closely into what people are doing. So I like the idea of just thinking about it through the lens of a consumer on what is, you know, thi…”
May 26, 2021 positive
May 26, 2021 positive
Marc Lore uses open compensation with identical pay per level
“That's why I have a open comp system where everybody knows what everybody else is making and everybody at the same level makes the same amount of money. So women, minorities, everybody makes the same. There's no like this idea that maybe it's not fair.”
May 26, 2021 bullish
Marc Lore and Alex Rodriguez launch venture fund VCP
“Alex and I A-Rod just started a venture fund called VCP, Vision Capital People. We believe that there's a really big hole in the market for people with big visionary ideas to get a big infusion of capital early, like when they have nothing, so they can go out …”
May 26, 2021 positive
May 26, 2021 positive
Marc Lore screens resumes upfront to focus interviews exclusively on core values
“When I interview someone, I know that they're a superstar on the resume, and so I can focus primarily on core values and their SPOTIC traits. So SPOTIC is an acronym I come up with for traits I look for in people I hire. Smart, passionate, Optimistic, tenaciou…”
May 26, 2021 bullish
Marc Lore seeded Archer Aviation with $5M before its $4B SPAC
“That's what we did. I put five in, we helped raise, you know, helped hire the engineering talent, helped them raise fifty million. And that was two years ago. And then they just raised a billion through the SPAC. And so now it's a 4000000003.7 billion market c…”
May 26, 2021
May 26, 2021
May 26, 2021 negative
Marc Lore refuses to interview candidates with lateral career moves
“Any kind of deviation to that, I don't, I just don't even, won't even interview. So a lateral move, out. Right. You know, move from a Google to Kmart. Sorry, Kmart, but out. Like, I just, I, anything, any little, like, tap that says not top five percent, and s…”
May 26, 2021 positive
Marc Lore rejects the 'trust but verify' management model
“A lot of people say, oh, trust, of course, trust, but verify. And I don't believe in the, but verify. I think you start out trusting people and until they prove otherwise. And it's very, Risky because you can get burned, but I've seen the power of the upside o…”
Nov 19, 2021
Parr: Marc Lore identified sizing returns as Walmart.com's top cost
“He said, he goes, the number one problem, the number one cost that our company has at wall, you know, walmart.com, the third or fourth or second most popular e-com website in the world. The number one thing is returns due to bad sizes.”