Instacart potential IPO at $30B

Amazon
doceyjon

Go to company page Amazon

doceyjon
Nov 12, 2020 296 Comments

comments

Want to comment? LOG IN or SIGN UP
TOP 296 Comments
  • Instacart marks up prices, add extra fees.
    Walmart delvers in 2 day for free.
    You have curb side pick up for groceries.
    Also there is Walmart prime (?) if you want same day delivery.

    What value add Instacart provides ?
    Nov 12, 2020 25
    • New
      gtFb16

      New

      PRE
      Google, Facebook
      gtFb16
      They make so much from Costco 2 day delivery it's disgusting
      Nov 12, 2020
    • Instacart support is crap. I had a Sapphire reserve card that was supposed to give me free membership for a few months. I legit wanted to get a year’s express membership but the site didn’t accept my credit card. Followed up with them for weeks before giving up. Customer support is one of the most important aspects of these services. Look at Amazon.
      Nov 17, 2020
  • Apple
    nazV38

    Go to company page Apple

    nazV38
    instacart is too expensive
    Nov 12, 2020 7
  • I hate Instacart. Too expensive (Service fees, delivery fee, Tip) adds up to significant amount for grocery.
    For eg, rt now I was trying to use Instacart. 23$ grocery bill ended up to 36$. I am like WTF? For 23$ bill I am paying 13$ extra. Hell no. Plus some how I feel groceries are expensive in insta they raise the prices. I am Anti-Instacart!!
    Nov 12, 2020 9
  • IBM
    rare‎

    Go to company page IBM

    rare‎
    insane valuation. congrats to everyone there, but that's ridiculous, and a mockery of tech valuations. market cap the size of Ford for grocery delivery.
    Nov 12, 2020 11
    • Twitter
      rivertree

      Go to company page Twitter

      rivertree
      Regardless of market cap, you shouldn’t be comparing Ford to instacart. Doesn’t even make sense. Otherwise I can name a hundred companies where market cap doesn’t make sense when compared to another company in a different random industry.
      Nov 13, 2020
    • Tesla
      motor

      Go to company page Tesla

      motor
      Here comes doordash supporting Instacart, lol.
      Nov 15, 2020
  • Oracle
    HvzT01

    Go to company page Oracle

    HvzT01
    Lmao. There’s 40 such startups in India, 40 in China and 5 in every major city of the world.

    Insta just happens to be the child of Silicon Valley like Uber was so gets the limelight.

    Crowdsourced independent contractors for running errands like Uber, Instacart, Doordash are good tech spaces to work in but shitty businesses. There is not competitive advantage to the next person with just $100k dollars to make a similar product. Then get VC money to throw in discounts and drive away customers from your app.

    Instacart does not own any assets, grocery catalogues are owned by retailer. Delivery person are at will contractors.

    What are you actually investing in? Sawdust?

    Even the most overvalued stocks in this weird market have a stand-alone product to offer.
    Nov 12, 2020 19