March 25, 2022 Sophia Vida
Company News

This is Why Instacart Slashed its Valuation By Nearly 40%

Grocery delivery and pick up service company Instacart slashed its valuation by almost 40% to $24 billion as tech stocks plummet. The company announced the slash of its valuation from $39 billion to $24 billion on Friday and told its employees and potential recruits that upcoming stock awards will be issued at a much lower … Continue reading “This is Why Instacart Slashed its Valuation By Nearly 40%”