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This week on Strictly VC Download, Connie Loizos is joined live on stage by serial entrepreneur Marc Lore to discuss his newest venture, Wonder, a vertically integrated dining and delivery platform. From its origins in food trucks to its innovative electric kitchens and recent $650 million acquisition of Grubhub, Lore shares his creative vision for the future of food tech, including AI-driven health solutions and the creation of a “super app” for meal planning and food delivery.
In this episode, the two discuss:
- A vision of AI-driven technology that will change the way people think about food and plan their meals. Lore views food as medicine and believes AI could play a major role in making the world healthier.
- Wonder’s B2B business, wherein it sells its kitchen technology — which doesn’t require traditional gas setups and hoods, allowing for flexible, scalable, and consistent food preparation in non-traditional venues like stadiums and amusement parks.
- How Lore thinks about setting an IPO target. Indeed, the two discuss Wonder’s roadmap to a potential $40 billion valuation by 2028, and the precise plan he has laid out to get there.