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Instacart Co-Founder Secures $1.1 Billion Windfall Following Successful IPO

Apoorva Mehta, Instacart co-founder, amasses $1.1B fortune post IPO, steps down at 37, marking a notable chapter in his 11-year journey ....

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Instacart Co-Founder Apoorva Mehta Reaps $1.3 Billion As He Quits Company

Instacart Co-Founder Apoorva Mehta Reaps $1.3 Billion As He Quits Company
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apoorva mehta: Instacart founder Apoorva Mehta exits with $1.1 billion fortune after IPO

Apoorva Mehta, co-founder of Instacart, is set to have a fortune of $1.1 billion following the company s IPO. Mehta stepped down as CEO in August 2021 and relinquished his board position as part of the IPO proceedings. Instacart, which started as a Webvan clone, has grown to become the largest grocery-delivery business in the US, with revenue growing 31% to $1.5 billion in the first half of 2022. ....

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Instacart founder exits with $1.1 billion fortune after IPO

Mehta started Instacart over a decade ago, getting into famed startup accelerator Y Combinator after he had missed the application deadline by two months and delivered a partner a six pack of beer to make up for it. ....

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Instacart delivers 12% debut gain after $660m IPO

Instacart’s valuation rises to more than $11 billion on a fully diluted basis. ....

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