{"id":85925,"date":"2023-09-19T00:09:14","date_gmt":"2023-09-19T04:09:14","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=85925"},"modified":"2023-09-18T22:38:57","modified_gmt":"2023-09-19T02:38:57","slug":"instacart-prices-ipo-at-30-a-share-valuing-grocery-delivery-company-at-about-10-billion","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2023\/instacart-prices-ipo-at-30-a-share-valuing-grocery-delivery-company-at-about-10-billion.html","title":{"rendered":"Instacart prices IPO at $30 a share, valuing grocery-delivery company at about $10 billion"},"content":{"rendered":"\n<p>(CNBC) Instacart, the grocery-delivery company that saw its business boom during the pandemic, priced its long-awaited IPO at $30 a share on Monday, and will become the first notable venture-backed tech company to hit the U.S. public market since December 2021. The offering came in at the top end of the <a href=\"https:\/\/www.cnbc.com\/2023\/09\/15\/instacart-aims-for-valuation-of-up-to-10-billion-in-upcoming-ipo.html\">expected range<\/a> of $28 to $30 a share, and values Instacart at about $10 billion on a fully diluted basis.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/09\/18\/instacart-prices-ipo-at-30-a-share.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Instacart, the grocery-delivery company that saw its business boom during the pandemic, priced its long-awaited IPO at $30 a share on Monday, and will become the first notable venture-backed tech company to hit the U.S. public market since December [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-85925","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85925","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=85925"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85925\/revisions"}],"predecessor-version":[{"id":85926,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85925\/revisions\/85926"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=85925"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=85925"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=85925"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}