• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Diapers.com co-founder quietly working on new startup called Jet

By
Erin Griffith
Erin Griffith
Down Arrow Button Icon
By
Erin Griffith
Erin Griffith
Down Arrow Button Icon
May 13, 2014, 1:50 PM ET
Marc Lore co-founder of Quidsi--an e-commerce company and parent of Diapers.com and Soap.com--poses for a portrait in Jersey City, New Jersey, Friday, October 8, 2010.  Photographer: Emile Wamsteker/Bloomberg News
Marc Lore co-founder of Quidsi--an e-commerce company and parent of Diapers.com and Soap.com--poses for a portrait in Jersey City, New Jersey, Friday, October 8, 2010. Photographer: Emile Wamsteker/Bloomberg News

FORTUNE — Four years after selling Quidsi (which runs Diapers.com and Soap.com) to Amazon, Marc Lore is getting the gang back together. Or at least some of the gang, for a new commerce play called Jet. Lore is building Jet alongside two Quidsi co-founders: former VP of special operations Nathan Faust, and former project director Mike Hanrahan.

Lore confirms to Fortune that he acquired the domain Jet.com, which has a placeholder that says “Coming 2015.”  Jet.com Inc. was incorporated in Delaware on April 4, according to the State of Delaware’s website.

Quidsi co-founder Vinit Bharara will not be involved as he is “doing his own thing,” Lore says. He declined to offer more details, as the venture is very early stage.

That’s due, in part, to an onerous non-compete clause from Amazon (AMZN). Sources tell Fortune the non-compete prohibits Lore and crew from raising money until later this year. (Still, the company appears to have hired at least two engineers from an agency called BlueRocket.)

When Quidsi sold to Amazon in 2010, it wasn’t an entirely happy transaction. Amazon and Quidsi had a fierce pricing rivalry; at one point, Amazon’s pricing bots automatically lowered their prices to match Quidsi’s. Amazon, ever happy to lose money if it puts a competitor out of business, eventually triumphed — buying Quidsi for $545 million in late 2010.

To be sure, both Lore and Bharara did quite well in the transaction. But, like any entrepreneur who sells before he or she is ready, Lore is said to be determined to build something new and even bigger.

First he had to spend four years in earn-out purgatory, running Quidsi for Amazon. He and Bharara left last July, with Maria Renz now at the helm. Other top Quidsi brass also have departed, including SVP of retail Christina Carbonell, who departed in February.

(Earlier this year, techies in New York speculated, incorrectly, that a mysterious job posting at Newnycstartup.com was affiliated with Lore’s new project. The posting is for a CEO of an e-commerce grocery startup.)

About the Author
By Erin Griffith
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

Choosing a gold IRA custodian: 4 key things to consider
Personal FinanceGold
Choosing a gold IRA custodian: 4 key things to consider
By Joseph HostetlerMay 12, 2026
14 minutes ago
The Best Memorial Day Fitness Equipment Sales of 2026
HealthHealth Evergreen Fitness
The Best Memorial Day Fitness Equipment Sales of 2026
By Christina SnyderMay 12, 2026
29 minutes ago
Nearly 50,000 Lake Tahoe residents have to find a new power source after their energy source looks to redirect lines to data centers
Travel & LeisureData centers
Nearly 50,000 Lake Tahoe residents have to find a new power source after their energy source looks to redirect lines to data centers
By Catherina GioinoMay 12, 2026
36 minutes ago
dario
LawLegal
Even as hallucinations show up in legal filings, Big Law goes all in on AI with new Anthropic release
By Nick LichtenbergMay 12, 2026
45 minutes ago
person alone in office
EconomyJobs
The China shock hollowed out factory towns. This professor thinks the AI shock is coming for your urban coffee shop
By Jake AngeloMay 12, 2026
59 minutes ago
Indra Nooyi says board members who won’t learn AI should step aside: ‘What are they going to contribute?’
NewslettersMPW Daily
Indra Nooyi says board members who won’t learn AI should step aside: ‘What are they going to contribute?’
By Emma HinchliffeMay 12, 2026
1 hour ago

Most Popular

Forget U.S. debt, China's total borrowing is in 'a league of its own'—much worse and deteriorating faster, analyst says
Economy
Forget U.S. debt, China's total borrowing is in 'a league of its own'—much worse and deteriorating faster, analyst says
By Jason MaMay 11, 2026
1 day ago
Microsoft’s CFO admits she joined the tech giant without even knowing her salary—and then missed her first day of work
Success
Microsoft’s CFO admits she joined the tech giant without even knowing her salary—and then missed her first day of work
By Preston ForeMay 11, 2026
1 day ago
OpenAI CEO Sam Altman says Gen Z and millennials are using ChatGPT like a 'life advisor'—but college students might be one step ahead
Tech
OpenAI CEO Sam Altman says Gen Z and millennials are using ChatGPT like a 'life advisor'—but college students might be one step ahead
By Sydney LakeMay 10, 2026
2 days ago
Trump Mobile quietly rewrote its fine print to say the gold Trump phone may never be made, a year after taking $100 deposits
North America
Trump Mobile quietly rewrote its fine print to say the gold Trump phone may never be made, a year after taking $100 deposits
By Marco Quiroz-GutierrezMay 11, 2026
19 hours ago
U.S. hotels are calling the World Cup a 'non-event' and 80% warn bookings are falling short of expectations, report finds
North America
U.S. hotels are calling the World Cup a 'non-event' and 80% warn bookings are falling short of expectations, report finds
By Sasha RogelbergMay 12, 2026
10 hours ago
Current price of oil as of May 11, 2026
Personal Finance
Current price of oil as of May 11, 2026
By Joseph HostetlerMay 11, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.