The well-known private company filed to go public yesterday. During its startup days, Instacart raised a lot of capital. Demand for its service reached a feverish pitch when the Pandemic hit.
The last year has not been kind. Growth slowed as the company grew at a slower pace as more people stayed home and ordered in. It's a feat that Instacart was able to grow last year despite holding onto some of the 2020 energy.
The company was not priced during its most recent venture capital rounds, leading to it revaluing itself earlier in the year. The action helped clear the way for more employee-friendly compensation.
The exit is before us. We don't have the company's formal S-1 filing because they took the private route. We are in the middle of an IPO process, so let's ask a few questions and take stock of the company's recent news.
Growth, economics, and revenue mix are some of the questions that will be posed by Instacart's debut. You can imagine that these are connected.
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