Mehta, Apoorva
The Boy Bosses of Silicon Valley Are on Their Way Out
Leaving as billionaires, they have emanated Silicon Valley’s relentless positivity. Pinterest “is just getting started,” Airbnb “is in the best hands it’s ever been in” and Instacart has a “enormous opportunity ahead,” the founders wrote. Both Mr. Mehta and Mr. Gebbia said they had plans for new projects. Investors say they anticipate more of these […]
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Instacart Takes a Big Step Toward a Public Offering
Instacart, the grocery delivery company, said on Wednesday that it will test the waters for a public offering, despite recent shakiness for tech stocks and the company’s own turmoil over the past year. The company said it had filed papers for a so-called confidential filing, which means it does not yet have to disclose certain […]
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Instacart’s Pandemic Boom Is Fading
Mr. Mehta told each company that he was talking to one of its biggest competitors, so it had to act fast. But the discussions did not get far. The other companies had concerns about the price and antitrust scrutiny. Instacart declined to comment on deal talks, which were previously reported by The Information. Around that […]
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