Overview
*REGISTRATION FOR THIS EVENT IS AT CAPACITY AND NOW CLOSED*
Bloomberg, Cornell Tech, and Tech:NYC invite you to join us for the latest installment of the Cornell Tech @ Bloomberg Speaker Series, featuring Marc Lore, Founder & CEO of Wonder, in conversation with Scarlet Fu of Bloomberg TV and Bloomberg Quicktake.
Lore is no stranger to entrepreneurship – or the delivery market. He’s founded seven companies and is known for his track record in growing e-commerce businesses, including Quidsi (sold to Amazon in 2011 for $550 million), and Jet.com (acquired by Walmart in 2016 for $3.3 billion). He served as president and CEO of Walmart U.S. eCommerce until 2021, after which he founded Wonder.
Like his companies before, Wonder has grown lightning fast. In 2021, it launched as a mobile kitchen and restaurant delivery service – with an eye-popping $400 million in Series A funding – that partners with celebrated chefs like Bobby Flay, Nancy Silverton, and José Andrés to bring custom menus to customers’ doorsteps. Just six months later, the company closed on another $350 million in Series B funding to transform its mobile restaurant fleet into a network of food halls that put dine-in, pickup, and delivery services from 20+ top restaurants in one place. With its latest venture round, it plans to add more restaurant partners and expand its footprint across the tri-state area.
In September 2023, Wonder announced its acquisition of meal kit company Blue Apron, to help develop a “meal time super app” that makes it possible to deliver chef-curated meals to a broader customer base across the country.
We hope you’ll join us for this conversation, in which Lore will discuss how Wonder plans to reinvent how we cook and eat, what makes a successful consumer app, the importance of balancing growth versus profitability, and his secret to serial entrepreneurship.
Twitter: @TechAtBloomberg
Facebook: Cornell Tech @ Bloomberg
Agenda
- 5:30 PM
Cocktail reception begins
- 6:00 PM
Doors close, conversation starts
- 6:45 PM
Audience Q&A
- 7:00 PM
Networking and hors d’oeuvres to follow
- 7:45 PM
Last Call/Bar Closes
PLEASE NOTE: Seating is limited and registered attendees will be seated on a first-come, first-served basis. Doors close promptly at the top of the hour. Individuals arriving late may be turned away from the building. No walk-ins will be allowed
*REGISTRATION FOR THIS EVENT IS AT CAPACITY AND NOW CLOSED*
Speakers
Marc Lore
Marc Lore is the founder, chairman, and CEO of Wonder Group, a company that is revolutionizing the food industry by creating the super app for mealtime.
Featuring some of the world’s best chefs – including Bobby Flay, José Andrés, Marc Murphy, Nancy Silverton, and more – Wonder is pioneering a new category of “Fast Fine” dining through its collection of vertically-integrated, delivery-first restaurants that unlock an unprecedented assortment of restaurants, all cooked made-to-order in under 30 mins to bring customers an elevated, at-home dining experience.
Prior to Wonder, Lore started and sold four companies, most recently, Jet.com which was acquired by Walmart in 2016 for $3.3 billion. Until 2021, Lore served as the president and CEO of Walmart U.S. eCommerce. Lore was also the co-founder and CEO of Quidsi, the parent company of e-commerce websites Diapers.com, Soap.com, Wag.com, and more. The company was sold to Amazon in 2011 for $550 million.
Lore is also the newest NBA owner, having purchased the Minnesota Timberwolves and Minnesota Lynx in 2021 with his friend and business partner, Alex Rodriguez.
Lore is the lead and largest investor in Archer, an aerospace company building an all-electric vertical takeoff and landing aircraft focused on improving mobility in cities. He is also Co-Founder and investor of Wizard, a company transforming e-commerce with conversational AI, and Mojo, a sports stock market, where fans can use their knowledge to invest in sports like never before.
Telosa is Lore’s legacy project – a city he is building from scratch to test a new model for society, called Equitism. The city will eventually house five million residents and plans to set the global standard for urban living and expand human potential by becoming a blueprint for future generations.
He graduated from Bucknell University, receiving a Bachelor of Arts in business management and economics.
When & Where
Tuesday, December 12, 2023
5:30 PM-8:00 PM EST
Bloomberg
731 Lexington Avenue
New York, NY 10022
7MPR