Instacart is preparing to go public in the next few months. The company filed for an IPO last summer, but ultimately pushed back those plans due to poor market conditions. Total US online grocery sales are forecasted throughout a Kager of 11.7%.
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.
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