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Mike Moritz doesn't get out of bed for less than a billion dollars - http://techcrunch.com/2010/09/28/mike-moritzs-midas-touch-green-dots-billions-and-whispers-

Mike Moritz doesn't get out of bed for less than a billion dollars - http://techcrunch.com/2010/09/28/mike-moritzs-midas-touch-green-dots-billions-and-whispers-of-greatness/ 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 13y ago
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 13y ago
Mike Moritz has invested in as many duds as successes.
- visakanv 13y ago
  A 1:1 dud-to-success ratio is to die for!
  - rdouble 13y ago
    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.