Marc Lore
Consultant / Advisor at ARCHER AVIATION INC.
Net worth: 129 M $ as of 30/03/2024
Profile
Marc Lore was the founder of Quidsi, Inc. (founded in 2005) where he served as Chairman & Chief Executive Officer from 2005 to 2013.
He was also the founder of the Pit, Inc. (founded in 1999) where he was the Chief Executive Officer from 1999 to 2001.
Additionally, he founded 1800Diapers, Inc. (founded in 2005) and served as Chairman & Chief Executive Officer from 2005 to 2011.
Mr. Lore also founded Jet.com, Inc. (founded in 2014) and was the Chief Executive Officer from 2014 to 2016.
Currently, he is the Director at Wizard Commerce, Inc. (founded in 2021) and the Chairman & Chief Executive Officer at Wonder Group, Inc. (founded in 2021).
Mr. Lore is also the founder of Global Association of Risk Professionals and VCP Management LLC.
Mr. Lore's current job is as an Advisor at Archer Aviation, Inc. (since 2019).
His former job positions include being the President, CEO-Walmart eCommerce US & EVP at Walmart, Inc. (2016-2021), Chief Operating Officer at NECA LLC, Executive Vice President at Sanwa International Plc (1998-1999), and Vice President-Emerging Markets Risk Department at Credit Suisse AG (London Branch) (1996-1998).
Mr. Lore completed his undergraduate degree at Bucknell University in 1993 and earned an MBA from The Wharton School of the University of Pennsylvania.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
ARCHER AVIATION INC CLASS A
10.25% | 01/01/2024 | 27,926,358 ( 10.25% ) | 129 M $ | 30/03/2024 |
Marc Lore active positions
| Companies | Position | Start |
|---|---|---|
| ARCHER AVIATION INC. | Consultant / Advisor | 31/12/2018 |
Global Association of Risk Professionals
 Global Association of Risk Professionals Miscellaneous Commercial ServicesCommercial Services The Global Association of Risk Professionals is an organization that provides risk management solutions. The non-profit company is based in Jersey City, NJ. The company was founded by Marc Lore, Lev Borodovsky. | Founder | 22/10/2009 |
Wizard Commerce, Inc.
 Wizard Commerce, Inc. Packaged SoftwareTechnology Services Wizard Commerce, Inc. develops e-commerce solutions. The American company was founded in 2021 by Melissa Bridgeford and Marc Lore. Melissa Bridgeford has been the CEO since 2021. | Founder | 30/09/2021 |
VCP Management LLC
 VCP Management LLC Investment ManagersFinance VCP Management LLC (VCP Ventures) is a venture capital firm founded by Alex Rodriguez, Marc Lore in 2021. The firm is headquartered in Sacramento, California. | Founder | - |
Former positions of Marc Lore
| Companies | Position | End |
|---|---|---|
| WALMART INC. | Chief Executive Officer | 30/01/2021 |
Jet.com, Inc.
 Jet.com, Inc. Advertising/Marketing ServicesCommercial Services Jet.com, Inc. operates an e-commerce marketplace. Its products include household products, beauty and health, grocery, baby, pet supplies, electronics, home and furniture, appliances, patiao and garden, and toys and video games. The company was founded by Marc Lore, Nathan Faust, and Mike Hanrahan in 2014 and is headquartered in Hoboken, NJ. | Founder | 31/08/2016 |
Quidsi, Inc.
 Quidsi, Inc. Internet Software/ServicesTechnology Services Quidsi, Inc. markets diapers, wipes and other baby care products through web. The company was founded by Marc Lore and Vinit Bharara in 2005 and is headquartered in Jersey, NJ. | Chief Executive Officer | 31/12/2012 |
1800Diapers, Inc.
 1800Diapers, Inc. Apparel/Footwear RetailRetail Trade Founded in 2005 in Montclair, New Jersey by Marc Lore and Vinit Bharara, Diapers.com is the largest online specialist offering baby care necessities in the United States. As dads themselves, Marc and Vinit understand the world of diapers. Tired of the 'diaper runaround' midnight store runs for diapers, frustrated searches for the right diaper size, wasted time waiting in store lines and traffic, they knew there must be a better way. Turning to the convenience of the Internet for help, they were astonished with the lack of online diaper sources. Diapers.com was quickly born, initially offering the most popular name-brand diapers, wipes and formula and then adding almost any baby product you can think of, from bottles and baby food, to shampoo and rash ointment, and now gear and nursery furniture! In just a few months, Diapers.com spurred a major 'change' in the way parents buy diapers. The company continues to grow exponentially, thanks to an ever-expanding brigade of over 500,000 happy moms and dads who cheerfully spread the word on where to find 'the best deal on diapers and more.' Diapers.com is headquartered in Montclair, New Jersey. | Founder | 08/05/2011 |
| the Pit, Inc. | Chief Executive Officer | 31/12/2000 |
Training of Marc Lore
| Bucknell University | Undergraduate Degree |
| The Wharton School of the University of Pennsylvania | Masters Business Admin |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 2 |
|---|---|
| WALMART INC. | Retail Trade |
| ARCHER AVIATION INC. | Electronic Technology |
| Private companies | 10 |
|---|---|
Quidsi, Inc.
Quidsi, Inc. Internet Software/ServicesTechnology Services Quidsi, Inc. markets diapers, wipes and other baby care products through web. The company was founded by Marc Lore and Vinit Bharara in 2005 and is headquartered in Jersey, NJ. | Technology Services |
NECA LLC
 NECA LLC Recreational ProductsConsumer Durables NECA LLC develops and makes games and associated action figures used for miniature gaming. The company sells through retailers and online. It was founded in July, 2000 by Jordan Weisman and is located in Hillside, NJ. | Consumer Durables |
Sanwa International Plc
 Sanwa International Plc Regional BanksFinance Part of Mitsubishi UFJ Financial Group, Inc., Sanwa International Plc is a merchant bank. The private company is based in London, UK. | Finance |
| the Pit, Inc. | |
Global Association of Risk Professionals
Global Association of Risk Professionals Miscellaneous Commercial ServicesCommercial Services The Global Association of Risk Professionals is an organization that provides risk management solutions. The non-profit company is based in Jersey City, NJ. The company was founded by Marc Lore, Lev Borodovsky. | Commercial Services |
1800Diapers, Inc.
1800Diapers, Inc. Apparel/Footwear RetailRetail Trade Founded in 2005 in Montclair, New Jersey by Marc Lore and Vinit Bharara, Diapers.com is the largest online specialist offering baby care necessities in the United States. As dads themselves, Marc and Vinit understand the world of diapers. Tired of the 'diaper runaround' midnight store runs for diapers, frustrated searches for the right diaper size, wasted time waiting in store lines and traffic, they knew there must be a better way. Turning to the convenience of the Internet for help, they were astonished with the lack of online diaper sources. Diapers.com was quickly born, initially offering the most popular name-brand diapers, wipes and formula and then adding almost any baby product you can think of, from bottles and baby food, to shampoo and rash ointment, and now gear and nursery furniture! In just a few months, Diapers.com spurred a major 'change' in the way parents buy diapers. The company continues to grow exponentially, thanks to an ever-expanding brigade of over 500,000 happy moms and dads who cheerfully spread the word on where to find 'the best deal on diapers and more.' Diapers.com is headquartered in Montclair, New Jersey. | Retail Trade |
Jet.com, Inc.
Jet.com, Inc. Advertising/Marketing ServicesCommercial Services Jet.com, Inc. operates an e-commerce marketplace. Its products include household products, beauty and health, grocery, baby, pet supplies, electronics, home and furniture, appliances, patiao and garden, and toys and video games. The company was founded by Marc Lore, Nathan Faust, and Mike Hanrahan in 2014 and is headquartered in Hoboken, NJ. | Commercial Services |
Wizard Commerce, Inc.
Wizard Commerce, Inc. Packaged SoftwareTechnology Services Wizard Commerce, Inc. develops e-commerce solutions. The American company was founded in 2021 by Melissa Bridgeford and Marc Lore. Melissa Bridgeford has been the CEO since 2021. | Technology Services |
VCP Management LLC
VCP Management LLC Investment ManagersFinance VCP Management LLC (VCP Ventures) is a venture capital firm founded by Alex Rodriguez, Marc Lore in 2021. The firm is headquartered in Sacramento, California. | Finance |
Credit Suisse AG (London Branch)
 Credit Suisse AG (London Branch) Regional BanksFinance Credit Suisse AG (London Branch) provides investment banking services. The company was founded on January 1, 1993 and is headquartered in London, the United Kingdom. | Finance |
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