Instacart IPO Is an Expensive Lesson for Venture Firms

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The grocery-delivery company is set to deliver significant paper losses to many of the private investors who piled on late.

Sept. 16, 2023 5:30 am ETInstacart in its coming IPO is targeting a valuation far lower than where it was when startup funding peaked two years ago.

When Instacart lists in the coming week, it will leave many of its later investors with significant paper losses—a sign of the pain venture capitalists are facing after years of fast-and-loose spending.Continue reading your article with

 

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