The Instacart IPO: Delivering Shortly
He also expressed his worry over rising food prices and how inflation can impact the company. He mentioned that an Instacart IPO is their ultimate goal. In a conference he stated,
Instacart Embraces Humility and Fierce Resolve by Dropping Its Valuation
In a counterintuitive moment, Instacart drops its current valuation to about $24 billion from $39 billion. The adjusted valuation reflects the startups plans to attract talent.
