This week on Strictly VC Download, Connie Loizos is joined live on stage by serial entrepreneur Marc Lore to talk about his newest venture: Wonder, a vertically integrated dining and delivery platform. From food trucks to innovative electric kitchens and its recent $650 million acquisition of Grubhub, Lore shares his creative vision for the future of food tech -- everything from AI-driven health solutions to creating a "super app" for meal planning and food delivery.
In this episode, the two discuss:
A vision to how AI-driven technology can change the way people think about food and planning of meals. Lore sees food as medicine and believes that AI is going to play a big part in making this world healthier.
Wonder's B2B business, in which it sells its kitchen technology — which doesn't require traditional gas setups and hoods to allow for flexibly scaleable and consistent food preparation in non-traditional venues like stadiums and amusement parks.
How Lore thinks about setting an IPO target. On this topic, anyway, 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.