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This Week in Startups
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Valuations and Sanctions in Grocery Delivery
This chapter explores the divergent trajectories of grocery delivery startups, highlighting the significant $770 million funding round and subsequent $12 billion valuation of one company while scrutinizing its user metrics. It also addresses the ramifications of geopolitical tensions on the industry, particularly the bankruptcy risks faced by a Russian startup due to sanctions and the moral imperative of enacting such measures. The discussion emphasizes the need for principled stances against authoritarianism through economic sanctions, framing this as a vital aspect of modern global strategies in the face of oppression.
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