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Their revenue numbers must look absolutely insane, even if they're not actually profitable. I spend more money through instacart right now than any other softwa
by laser 10y ago
Their revenue numbers must look absolutely insane, even if they're not actually profitable. I spend more money through instacart right now than any other software, and maybe all other software I use, combined.
- arikr 10y agoNot appropriate to count entire cart/shopping spend as Instacart's revenue. Think of that as "GMV". Instacart's revenue is their delivery charges, service charges, and any money the stores pay them / % fees. See #6 here http://a16z.com/2015/08/21/16-metrics/ http://a16z.com/2015/08/21/16-metrics/
- paulcole 10y agoAre they counting pass-through as revenue?