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Jet.com - The new online Costco?

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Ramble On

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Interesting startup. This guy sold his company to Amazon a few years back for $550 million. After selling, he stayed on with Amazon for two years. Now he is back on his own and looking to beat them with an online concept similar to Costco.

They should be launching any day now. For us in e-commerce it might be another marketplace to jump on in the early stages before it gets crowded.

Anyone else heard of this startup? I searched the forum and couldn't find anything.

Bloomberg Business - Amazon Bought This Man's Company. Now He's Coming for Them.
 
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