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> YC S12 company Instacart is well on its way to being one of the iconic companies of our times. I'd normally dismiss talk like this, but given who said it, I'

> YC S12 company Instacart is well on its way to being one of the iconic companies of our times. I'd normally dismiss talk like this, but given who said it, I'll give them the benefit of the doubt. Can anyone shed some light on how Instacart has become just as "iconic" as companies like Facebook, Twitter, Google or Microsoft?

AVTizzle 12y ago
Valid question. It's worth noting that as a partner at YC, Gary has obvious interest in billing any of their portfolio companies as "iconic". I'm not saying it's not the case for Instacart, but more saying it could be said as a doting parent. Of course your parents will perceive you as such.
presty 12y ago
Garry said "on its way to being", not "has become"
opendais 12y ago
It is basically Uber for Delivery. So, if it can pull it off, it'd be a rival for Amazon's ecommerce crown. I think that is what he was getting at. It has the potential.
- mbesto 12y ago
  > It is basically Uber for Delivery. I think you're confusing Uber with...umm Uber. This is exactly why Uber is evaluated at $17bil (or whatever number they're saying today) because it's ability to handle the software logistics of delivery...any delivery, regardless of whether it's a package, person or food. It's also why we're seeing a plethora of restaurant delivery start-ups (Door Dash, Sprig, etc come to mind) as VCs race to capture the market.
  - opendais 12y ago
    When Uber enters the ecommerce market let me know? Also that "rush" might be due to Uber in your mind but it isn't really a "rush". http://en.wikipedia.org/wiki/GrubHub http://en.wikipedia.org/wiki/GrubHub GrubHub and a bunch of others were at it 5+ years before Uber existed.
    - mbesto 12y ago
      And what's your explanation for Uber's $17bil evaluation in a $11bil taxi market?
      - opendais 12y ago
        1) People irrationally believing in Uber's ability to expand. 2) There was a reason a large number of potential investors dropped out at around the 10bil market.

AVTizzle 12y ago

Valid question. It's worth noting that as a partner at YC, Gary has obvious interest in billing any of their portfolio companies as "iconic". I'm not saying it's not the case for Instacart, but more saying it could be said as a doting parent. Of course your parents will perceive you as such.

presty 12y ago

Garry said "on its way to being", not "has become"

opendais 12y ago

It is basically Uber for Delivery. So, if it can pull it off, it'd be a rival for Amazon's ecommerce crown. I think that is what he was getting at. It has the potential.

mbesto 12y ago
> It is basically Uber for Delivery. I think you're confusing Uber with...umm Uber. This is exactly why Uber is evaluated at $17bil (or whatever number they're saying today) because it's ability to handle the software logistics of delivery...any delivery, regardless of whether it's a package, person or food. It's also why we're seeing a plethora of restaurant delivery start-ups (Door Dash, Sprig, etc come to mind) as VCs race to capture the market.
- opendais 12y ago
  When Uber enters the ecommerce market let me know? Also that "rush" might be due to Uber in your mind but it isn't really a "rush". http://en.wikipedia.org/wiki/GrubHub http://en.wikipedia.org/wiki/GrubHub GrubHub and a bunch of others were at it 5+ years before Uber existed.
  - mbesto 12y ago
    And what's your explanation for Uber's $17bil evaluation in a $11bil taxi market?
    - opendais 12y ago
      1) People irrationally believing in Uber's ability to expand. 2) There was a reason a large number of potential investors dropped out at around the 10bil market.