The Ledger
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Gupta: Instacart Had Under One Year of Cash When He Joined
“Specifically at Instacart, you know, when I got there, we were losing a lot of money on every delivery. I was very concerned that we were going to go out of business and there was a genuine fear of our business is not going to exist. And so truly an existentia…”
Gupta: Whole Foods represented 43% of Instacart's volume when Amazon acquired it
“When Amazon bought whole foods, that was a terrible moment for us at the time. We our blood competitor, who's known for annihilating everyone in their way buys our biggest partner who owns, who has responsible for 43% of our volume.”