Monthly Archives - September 2016

Does Wal-Mart have the Ability to Fly Over Amazon?

If you haven't heard already, Wal-Mart now owns two-year-old e-commerce startup Jet.com, all at a simple price of $3.3 billion.  Some question why Wal-Mart made this acquisition and feel that it will only worsen their struggles rather than fix them.  Others, including CEO of Wal-Mart, beg to differ for a two good reasons: 1. Jet.com has a unique discount technology never seen before that allows customers to receive discounts with the more they purchase. There are also more store discounts if customers [...]

Can Jet Prevent Wal-Mart from Experiencing the Same Fate as Sears?

Not many people are aware of Wal-Mart's recent struggles and CEO, Doug McMillon, still refuses to acknowledge the amount of trouble they're really in.  To be more specific, Wal-Mart is praying that the new acquisition of Jet.com will bring them back to a stable state.  It may be difficult to face the gruesome reality for Wal-Mart due to their long history of success, but they're certainly not the first popular company to face extreme losses and potentially "go out of business." Sears is [...]

Jet Breaks Top 10 Fastest $1B Flips in Venture History

Starting a business isn't too difficult when you have all your pieces together.  The hardest task by far for an entrepreneur is making their business grow once it's launched.  Marc Lore, CEO of Jet.com, has mastered the e-commerce world and continues to be an extremely successful entrepreneur.  Wal-Mart just recently acquired Jet.com for over $3 billion and that put them in the Top 10!  To be more specific, the Top 10 fastest $1B flips in venture history: Airwatch (2014) - Bought by VMware for [...]