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Bloomberg Tech
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The Instacart IPO - What's Your Expectation?
Instacart is an interesting position because they don't really need the money right now. They've done a few things that are very, very stupid. The Pouva went from 200,000 shoppers to 500,000 shoppers during the height of their pandemic. But all that's being said is that there's no need right now for them to have to do an IPO in a very, very auspicious market.
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