Tuesday, December 30, 2014

Instacart Valuation at $2USB

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

No comments:

Post a Comment