Editor
When the Covid pandemic had many Americans declining to go to the grocery store in 2020, sales at online grocery startup Instacart rose 590%, and its venture capital valuation soared to $39 billion. As the San Francisco company prepares to go public this week, the world has changed. And so has Instacart and its deal.
In a twist for an internet-oriented retailer, Instacart’s enterprise valuation in its initial public offering isn’t outlandish:…
