Alarmed by 2023’s Post-IPO Slump, Unicorns Eye the 2024 Market with Cautious Optimism
Highly valued private companies are pressured to go public but at the same time alarmed by their peers’ post-IPO slump this year.
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Highly valued private companies are pressured to go public but at the same time alarmed by their peers’ post-IPO slump this year.
The U.S. IPO market is slowly waking up from an 18-month pause. Here are the largest listings you need to know.
All three Instacart cofounders and several early employees took the IPO opportunity to cash out some of their founding equity.
Expect Reddit, Stripe, Instacart and other tech unicorns to go public in 2023.
Third time’s a charm? That’s what Walmart is hoping as it tries another delivery service in New York City, though its latest one is not citywide. Walmart’s groceries became available to parts of Brooklyn, Queens and the Bronx on Tuesday night, with Instacart providing the deliveries, according to the Wall Street Journal. Instacart gig shoppers will be tasked with picking up the Walmart groceries and driving them to homes in the three boroughs. Almost 90
The post Walmart begins offering grocery delivery to three boroughs appeared first on The Real Deal New York.
Instacart is the latest company seeking to cash in on the industrial real estate boom, making plans to build its own fulfillment centers for supermarkets. The grocery delivery company will begin developing an undetermined number of fulfillment centers over the next year, according to the Wall Street Journal. The centers would be able to hold between 10,000 and 50,000 items. Instacart plans to use robots to retrieve items in the fulfillment centers and employees to
The post Instacart to build fulfillment centers near supermarkets appeared first on The Real Deal New York.
The advent of the digital economy, and phenomena including the 2008 financial crisis, Occupy Wall Street, the growth of gig work, the heady bubble of fintech, and finally the pandemic recession have all greatly reinforced these policy failures. So now …
Uber, Lyft, Instacart and DoorDash — the major backers of California’s Proposition 22 — are getting their way. The proposition, which will keep gig workers classified as independent contractors, is projected to pass. The Associated Press called the race with 67% of precincts partially reporting. At the time of publication, 58.2% of voters (more than […]
Khosla Ventures, the eponymous venture firm helmed by longtime Silicon Valley rainmaker, Vinod Khosla, is raising $1.1 billion for its latest venture fund, according to documents from the Securities and Exchange Commission. The filing was first spotted by Ari Levy over at CNBC. Khosla Ventures files to raise $1.1 billion fund. Some beach reading: https://t.co/eKXq92kDMP […]
Alphabet’s self-driving technology company hits a major milestone, Apple TV+ extends its free subscription period and Affirm files to go public. This is your Daily Crunch for October 8, 2020. The big story: Waymo opens up driverless ride-hailing Waymo hit a major milestone today: It’s offering fully driverless rides to (some) members of the public. […]