Instacart IPO Delay ?

Dropbox
rMSP34

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rMSP34
Nov 16, 2021 80 Comments

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TOP 80 Comments
  • Amazon / Eng
    notSDM

    Go to company page Amazon Eng

    notSDM
    Their business model is unprofitable and very low margin.

    IPO would be a disaster.

    Their repeat customers are usually
    Youth in university, early career professionals.

    So very slim audience base as well.

    Couples usually donโ€™t use Instacart
    Nov 16, 2021 48
    • Amazon / Eng
      gotham777

      Go to company page Amazon Eng

      gotham777
      When founder is asked to sit at the back seat even before IPO by board of directors then this means a lot.

      >>>>>> Please someone acquire us
      Nov 17, 2021
    • Donโ€™t get personal guys. Remember not every founder is capable of managing a big company. You are delusional to make unreasonable assumptions in this thread. Again, your logic is hilarious. Changing ceo => seeking acquisition? How do you get this logic from your brain?
      Nov 17, 2021
  • 10% yoy revenue growth since 2020? Thatโ€™s impending doom for the company in my opinion.

    Even with DoorDashโ€™s pandemic explosion in 2020, our revenue is on pace to almost double this year compared to 2020 (this is all public info).

    Coming from the Information article itself, comparing Q3 2020 (boosted by a pandemic rocketship in order level), we are 44% up this Q3 compared to last.
    Nov 17, 2021 20
    • Donโ€™t pretend you are Tony Xu. As a startup DD didnโ€™t have enough resources at that time to bet on 2 businesses. Tony chose the restaurant delivery at the very beginning of the company, aka Palo Alto Delivery in 2013. Thatโ€™s why you were focusing on restaurants in the past years. After becoming a public company, you got the resources to bet on other verticals like grocery/convenience. Tony Xu is smart enough to make the decision to bet on those verticals because they have larger basket size, higher margins and growth potential than restaurants.
      Nov 18, 2021
    • ya youโ€™re restating my point. We did 1 million other things before we said โ€˜now we should start thinking about grocery.โ€™ That, despite very few competitors and an unsaturated market. The reasons why are currently showing up in various forms at instacart: itโ€™s not as big a consumer need as some suggest it is, itโ€™s incredibly difficult to do it well, and itโ€™s very unclear what the right operational model is long term.

      Iโ€™m confused by what youโ€™re even arguing at this point.
      Nov 18, 2021
  • I bet no one on blind has read the full article
    Nov 16, 2021 5
    • Google
      pk2999

      Go to company page Google

      pk2999
      Can someone copy paste..
      Nov 17, 2021
    • New
      Dr. Acula

      New

      Dr. Acula
      I didn't even know there is a paywall. It just says create an account, that alone is too much friction, I don't care about Instacart that much and I don't use the Information enough.
      Nov 17, 2021
  • Apple
    appleFruit

    Go to company page Apple

    appleFruit
    Nice glasses by the way ๐Ÿ˜œ
    Nov 16, 2021 0
  • Slack
    yolololo

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    yolololo
    At this point they are probably relieved they have not ipoed yet ๐Ÿ˜‚
    Jan 24 0