44. Marc Lore on "Founder Mode", Risk, and Hiring Superstars

Marc Lore, a successful entrepreneur, discusses his management philosophy and approach to building a company.

He rejects the "founder mode" of constant involvement, preferring to focus on vision, capital, and people, empowering his team once they are aligned.

His hiring strategy centers on identifying and recruiting "rock stars" based on a demonstrably successful track record, evident in their resumes. Lore strongly advocates for risk-taking in startups, arguing that inaction poses a greater threat to survival than calculated risk-taking.

His views are informed by his experiences building and selling multiple billion-dollar companies.