The goal of "The Innovation Conversation" is to explore some facet of the fast-changing, technology-driven retail landscape and how it affects businesses and consumers. It is, we think, fertile territory ... and one that Tom Furphy - a former Amazon executive, the originator of Amazon Fresh, and currently CEO and Managing Director of Consumer Equity Partners (CEP), a venture capital and venture development firm in Seattle, WA, that works with many top retailers and manufacturers - is uniquely positioned to address.
Marc Lore, who sold Quidsi to Amazon and Jet to Walmart and now is continuing his career as a serial entrepreneur, has been getting a lot of attention to bets he is making on new and innovative companies. Tom Furphy and KC look at some of those bets, but focus more on why Lore is making them, and what his approach to investing and innovation can teach retailers and other companies about doing business in the current hyper-competitive climate.
If you're interested in listening to an audio version this Innovation Conversation, you can do so here (or can download this file):