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The chart shows Instacart receiving the most VC to date. Now there's a company with a business model completely ass-backwards (in-store isle walking), a terribl
by Androider 8y ago
The chart shows Instacart receiving the most VC to date. Now there's a company with a business model completely ass-backwards (in-store isle walking), a terrible customer experience (regularly out of items you order since there's no backend integration) and disappointment all around (swapping out products for vaguely related 5x pricier ones, or arriving with about half of what you needed to make your dinner).
When that company rightfully craters, the blast zone is going to be spectacular.
- downrightmike 8y agoThe VC money will crater, everyone else will just see it disappear. Grocery stores have been trying to make this successful for decades and fail every time. It is a nice idea, but the same problems exist and aren't solved, even in this iteration. So it will fail.