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yabbadabbadoo
on July 10, 2013
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Instacart: Crowdsourcing Your Grocery Shopping
Mike Moritz doesn't get out of bed for less than a billion dollars -
http://techcrunch.com/2010/09/28/mike-moritzs-midas-touch-gr...
Looks like Instacart is on the right path to a massive IPO :)
Good work guys!
tixocloud
on July 10, 2013
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An IPO is just a means of transferring ownership. It doesn't say much about the viability of the business model other than that people might believe in it.
rdouble
on July 10, 2013
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Mike Moritz has invested in as many duds as successes.
visakanv
on July 11, 2013
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A 1:1 dud-to-success ratio is to die for!
rdouble
on July 11, 2013
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That's not really what I meant, but I guess that's what I said. Sadly, Sequoia funding is no guarantee of success as I know from personal experience.
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Looks like Instacart is on the right path to a massive IPO :)
Good work guys!