As it prepares to go public next week, Instacart shows that one secret to making money as a gig economy company is to become an advertising company.
Tag: Instacart
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New York City Sets New Minimum Wage for Food Delivery Workers
The increase, which requires app-based delivery workers to be paid $17.96 per hour before tips, is the first such minimum wage in the country for an industry that has exploded in popularity.
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The Boy Bosses of Silicon Valley Are on Their Way Out
They rode their unicorns to fame and fortune. In a rocky market, it got a little less fun.
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Maybe We Don’t Need Groceries in 15 Minutes After All
Venture capital bet big on start-ups using vacant retail space to store groceries on demand. But investors didn’t understand the dynamic of the city.