The prospect of an Instacart IPO is becoming more prevalent. Following a meteoric rise, the firm has one of the most anticipated IPOs in 2022. Furthermore, the firm has recently submitted a confidential filing with the SEC. That being said, the company may be in over its head.
The IPO of Instacart provides an opportunity for investors to get a piece of the action on a business that directly runs grocers’ delivery and pickup. In addition, Instacart has been referred to as a “pandemic stock” that gained a lot of value during the height of the Covid-19 pandemic. So it makes sense why Instacart wants to take advantage of its recent success and popularity by going public to raise money.
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