3 ms·
How soon until Instacart is out of business or firesales to a grocery store chain wanting to hook in their tech if they have any?
by bwb 8y ago
How soon until Instacart is out of business or firesales to a grocery store chain wanting to hook in their tech if they have any?
- benatkin 8y agoI can't think of a grocery store chain that would want them. Albertsons/Safeway and Kroger both use Instacart and I don't think they would want to make the customers of the other chain mad, especially when many of them shop at both chains (they'd have so scale back or shut it down for their competitors - it wouldn't be sensible for one chain to act neutral and continue delivering at full steam for the other chains).
- bwb 8y agowell i mean if they are running out of money and they can pick them up for cheap versus build their own might be a great buy. IE, Instacart is going to go out of business in 6 months and they pick it up for 150 million and get a great brand + tech to tie into their stores.
- joshl325 8y agoIs Whole Foods the primary groceries partner for Instacart? Don't they have other partnerships as well?
- the_reformation 8y agoThey've raised over 800 million dollars over just the last two months. Flawed unit economics or not, they'll be around for a bit.