Instacart Slashes Its Valuation by Almost 40% to $24 Billion https://www.bloomberg.com/news/articles/2022-03-25/instacart-slashes-its-valuation-by-almost-40-to-24-billion
Which company is next? I think Stripe is profitable but not sure about the rest.
#stripe
#plaid
#chime
#instacart
#opensea
#discord
#klarna
#brex
#ramp
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comments
I always choose real money over funny money.
Paying my respects. F
And the private market startup bubble bursts.
If anything this is a slap in the face to tenured folks. Chances are most people that joined in mid 2021 especially have far lower TCs now than 2022 employees.