Looking for a new job... got an instacart recruiter who reached out.
I feel like their chances at IPO are iffy and the ship has sailed to join and get lots of $$$ (I’m assuming their stock will plunge right after IPO).
Tho a few ex-fb folks i really respected are there. Maybe I’m missing something?
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On the supplier side, it’s all grocery chains with legacy tech and painful inventory system integrations. No opportunity to do any interesting real time inventory analysis and its all big enterprise to deal with.
Their Shopper team has some cool problems but sits in the middle of tryinf to help shoppers but also work closely with grocery chains.
The most interesting thing they are doing is related to Ads, which is going to become a big revenue driver for them.
Basically it’s slow, but steady growth, and should be reasonably profitable due to the lack of competition and Ads business.
On the talent side, they have brought in a number of Ex Googlers to level up their talent, but they are keeping a very flat org structure with EMs and Directors mostly writing code with just VPs doing management. They don’t have the sophisticated perf philosophies of Google, FB, Uber, etc yet as a result.
On the tech side, they are mostly Ruby on Rails still, with a lot of JS on frontend and native mobile. They did not seem to have any kind of tech strategy except to stay the course with their current stack.
All in all, it seemed like an okay place. Not terribly exciting but not bad either. Probably safe choice if other options feel too high risk. I didn’t get the offer so I cannot comment on where they are on comp. Their recruiting team is just building out so they aren’t as sophisticated as some of the other similar sized companies.
We’re definitely not super competitive in terms of compensation though if you’re just trying maximize TC, there are better places for that.
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Instacart’s business requires cooperation from the grocery companies, which will likely cease as they launch their own services.