David Rosenthal: evaluation

Transcript context

…Whatever, yeah, that is interested in building the future of this stuff. This is the most interesting place to be. Yup. No question there, that part of it. As I was thinking about this, I was going through our standard rubric of categories. I kind of went down the list and I’m like, “Hmm.” Okay, well, people, there’s definitely a big aspect of that in Lore and the other people at Jet. Technology also, exactly as you were saying, a big aspect of that to this deal. Product, I don’t think there’s really a lot of product here because I mean Jet was a retail platform, not a product itself. So, maybe not that one as much. Business line, yup, they’re adding the Jet.com business line. Then asset, too, the category we added last time with Waze, very much. So in the press release that Walmart puts out here, they make sure like I think the second bullet that they call out about the rationale is that Jet has a growing customer base of urban and millennial customers. Boy, that doesn’t sound like Walmart’s base.…

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