Wow!
Just 6 months ago this little Silicon Valley startup company that delivers groceries was valued at $400 million. They just wrapped up a new $220 million funding round that values the company at $2 billion. They've been busy.
Re/Code has the story:
http://recode.net/2014/12/30/grocery-delivery-startup-instacart-scores-220-million-investment/
Looks like private equity believes Instacart has legs and grocery delivery is real.
Happy Reading,
J.W. Gant
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