Marc Lore aims for $40 billion valuation as he plans to take food delivery startup Wonder public

techcrunch.com November 24, 2024, 11:01 PM UTC

Entrepreneur Marc Lore plans to take his food delivery business, Wonder, public in a few years with a target valuation of $40 billion. This follows his success in selling two previous companies for billions. Lore emphasizes the importance of hiring top talent, or "rock stars," and believes that a strong resume is a key indicator of success. He focuses on candidates with a history of promotions and significant career advancements. He also advocates for taking risks in startups, arguing that the status quo is often the biggest risk. Lore believes that startups must embrace change to survive, contrasting this with the cautious approach typical of larger companies.


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