Instacart seems like it is that sort of consumer well-known brand. Do you think the fact that it's such a consumer facing company will have an effect on its ability to sort of revive the IPO market? Does that matter at all? Yeah, because we relate to these companies that we touch and feel consumer brands do get outsized press and media attention.
This week on Prof G Markets, Scott explains how Virgin Galactic’s unique supply and demand constraints make it a terrible business. He also breaks down why Amazon and Better.com are partnering to allow Amazon employees to pledge their stock as collateral for home loans — with a catch. Finally, Scott takes a look at the enduring grocery delivery market and shares his thoughts on why Instacart might hold the key to unlocking the IPO market.