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Top Startup CEO Uses 10-Tier Plan To Keep Employees From Fighting Over...
Marc Lore sold his last startup, Quidsi, to Amazon for more than $500 million. He's working on a new Amazon-like company, Jet.com, and he's implementing some unique management tactics. Lore, who just...
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How A CEO Who Just Raised $80 Million Nails Work-Life Balance While Launching...
To Marc Lore, founder of Jet.com, keeping people happy is important, whether it's his employees or his wife and daughters. His startup's three core values are transparency, trust, and fairness.Managing...
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A startup that you can't even use yet just raised $140 million to take on Amazon
Jet, the e-commerce startup founded by former Quidsi CEO Marc Lore that plans to compete with Amazon using a dynamic pricing model, just raised $140 million in new funding in a round led by Bain...
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Investors just dumped $140 million into an e-commerce business that doesn't...
Whether dealing in on-demand groceries or disappearing photos, startups are raising a lot of money. And valuations have skyrocketed. When Instagram was acquired by Facebook for $1 billion in 2012, the...
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A founder who raised $220 million before his startup launched explains why he...
Jet.com is an e-commerce startup that hasn't launched yet. But that hasn't stopped investors from giving it $220 million, boosting its valuation up to $600 million. It raised $80 million a few months...
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Why this insurance agent spent $18,000 to invest in a startup that will take...
Jet.com, a startup that wants to compete with Amazon, raised $140 million at about a $600 million valuation in February. Before that it raised $80 million.The site, which will use a dynamic pricing...
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Here's what it's like to test out the new e-commerce site that's trying to...
Jet.com, a startup that has raised $220 million to take on Amazon, launches in beta for 10,000 "insiders" this week. The site promises to offer prices that are 10-to-15% lower than anywhere else,...
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This buzzy startup just snagged an ex-Amazon exec to help it form a radical...
Jet.com, the buzzy e-commerce startup that has raised more than $200 million to take on Amazon, has a cultural mission as wildly ambitious as its business goals: It wants to have the happiest, most...
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Jet, a buzzy startup that raised $225 million to take on Amazon, just...
Marc Lore buzzes with excitement as he talks about the kind of traffic his new website has already seen on opening day.Jet.com, which has raised $225 million to take on Amazon, officially launched...
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A founder who raised $225 million is scary transparent: My startup's business...
From the beginning, Jet CEO Marc Lore has preached a gospel of transparency.His startup promises to sell everyday products for prices that are 10-to-15% lower than competitors offer. It will accomplish...
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Jet, the well-funded startup trying to take on Amazon, just changed its...
The red-hot e-commerce startup Jet has shifted its business model, dropping the $50 membership fee it once proposed would be its sole source of profit.The move comes less than three months after Jet's...
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The buzzy startup trying to kill Amazon just raised another $350 million —...
Jet, the flashy e-commerce startup trying to take on Amazon, just raised $350 million in fresh funding at a $1 billion valuation, Re/code's Jason Del Rey reports.The company has now raised a whopping...
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A founder who's taking on Amazon explains why it makes total sense for his...
Jet.com launched only four and a half months ago, but the e-commerce upstart is already taking on Amazon. It's raised more than $500 million at a $1 billion pre-money valuation. And the company thinks...
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Why everyone at this startup knows each other's salary
Imagine if you knew your boss's salary. And how much the person sitting next to you was paid. And the salary of the person across from you. And that of everyone who works at your company.That's how it...
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Walmart and Jet.com are due to announce a $3 billion deal (WMT, AMZN)
It looks as if Walmart will be the new owner of the e-commerce site Jet.com.Walmart and Jet.com have agreed to a deal worth "around $3 billion" and will make it official Monday, Recode's Jason Del Rey...
View ArticleJET.COM FOUNDER: This is what makes Jet different from Amazon
Walmart is buying Jet.com in the largest e-commerce acquisition in history. We interviewed Jet.com CEO and cofounder Marc Lore in October 2015. During the interview, he explained what makes Jet.com...
View ArticleA peek inside the transparent culture of the company Walmart is buying for $3...
Walmart is buying Jet.com in the largest e-commerce acquisition in history.We interviewed Jet.com CEO and cofounder Marc Lore in October 2015. During the interview, he described the culture of...
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Walmart's CEO shares two things that convinced him to pay $3 billion for...
Walmart showed it's serious about growing its online presence when it bought Jet.com for $3.3 billion last week, the highest price tag for any US e-commerce startup ever.Given Jet.com's only two years...
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Amazon is shutting down a division it bought for $545 million, escalating a...
Bloomberg reports that Amazon is shutting down its subsidiary Quidsi, the parent company of Diapers.com, Wag.com, Soap.com, and three other shopping sites. Quidsi has 1,100 total employees.Amazon...
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A Walmart executive who sold his first startup for $6 million, 2nd for $550...
Marc Lore is the president and CEO of Walmart eCommerce in the US.He founded Quidsi and sold it to Amazon in 2011 for over $500 million. Then he founded Jet.com and sold that to Walmart in 2016 for $3...
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