Simo, Fidji – VOXYVOTE

Instacart Soars 40% as It Begins Trading, an Encouraging Sign for Tech I.P.O.s

Shares opened at $42 on Tuesday, valuing the grocery delivery company at $13.9 billion.

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.

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.

Silicon Valley is losing one of its most visible, outspoken and powerful women. Any gains have been incremental at best.

The grocery delivery start-up changed its leadership, slashed its valuation and shifted its strategy after sales slowed.