Instacart IPO Valuation: The Only Lower Price at the Grocery Store?

Maplebear Inc (dba Instacart) was founded a decade ago and introduced a new model for online grocery shopping and convenient home delivery. The company has been wildly successful and offers retail enablement solutions for more than 1,400 retail banners across more than 80,000 locations. After a Series A and Series B round in 2013 and […]

Does a Season of Difficulty Lie Ahead for Unicorns?  Recent Down Rounds and Write Downs (Part 2)

The Prime Unicorn Index benchmark, the standard bearer for private markets benchmarking, tracks post-money valuations for U.S-based, VC-backed private companies.  Reflecting the broader private market, the Index is down 6.79% year to date and dropped 15.37% in 2022.  But looking at individual component companies, in particular the variance between its preferred stock price (issued to […]

Does a Season of Difficulty Lie Ahead for Unicorns?  Recent Down Rounds and Write Downs (Part 1)

The Prime Unicorn Index benchmark, the standard bearer for private markets benchmarking, tracks post-money valuations for U.S-based, VC-backed private companies.  Reflecting the broader private market, the Index is down 6.79% year to date and dropped 15.37% in 2022.  But looking at individual component companies, in particular the variance between its preferred stock price (issued to […]