Instacart

includes Instacart Express

12 statements across 3 episodes · 8 bullish · 0 bearish · 3 people on the record · first statement Sep 30, 2016 by Jeremy Stanley · said 38 times in 5 episodes since 2016 · across every show →

Mentions by year, the whole family

brought up most by Jeremy Stanley (26), Matt Turck (5), Benedict Evans (4), Sridhar Ramaswamy (1), Mark Grover (1), Aaron Katz (1)

tap a year for its mentions
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every mention, scene by scene, with the transcript →

Everything said about Instacart, oldest first

Sep 30, 2016 positive
Assertion Not checkable as stated
Instacart achieved profitable unit economics in summer 2016
“We've achieved profitable unit economics, it happened in the summer”
Jeremy Stanley Sep 30, 2016 ▶ 4:17 Making On-Demand Delivery Profitable // Jeremy Stanley, Instacart (Data Driven NYC / FirstMark)
Sep 30, 2016 positive
Assertion Not checkable as stated
Instacart's routing models predict Manhattan travel times twice as well as Google
“If you just take the predictions out of Google Maps API, you'll be able to explain about 25% of the variance. If you look at the models that we built internally that use a lot more of our historical data, we can get up to about 50% of the variance explained.”
Jeremy Stanley Sep 30, 2016 ▶ 10:20 Making On-Demand Delivery Profitable // Jeremy Stanley, Instacart (Data Driven NYC / FirstMark)
Sep 30, 2016
Disclosure
Instacart tests delivery discounts to incentivize demand during off-peak capacity
“Ah, and we're increasingly testing, ah, reversing it, and actually giving discounts when we have a lot of capacity to try to incentivize demand to times when we have lots of shoppers available.”
Jeremy Stanley Sep 30, 2016 ▶ 9:10 Making On-Demand Delivery Profitable // Jeremy Stanley, Instacart (Data Driven NYC / FirstMark)
Sep 30, 2016 positive
Assertion Not checkable as stated
Ninety percent of Instacart customers are repeat buyers
“90% of our customers are repeat customers.”
Jeremy Stanley Sep 30, 2016 ▶ 4:48 Making On-Demand Delivery Profitable // Jeremy Stanley, Instacart (Data Driven NYC / FirstMark)
Sep 30, 2016 bullish
Assertion Not checkable as stated
Instacart grew revenue by 500 percent between early 2015 and late 2016
“Since the beginning of last year, we've grown revenue 500%.”
Jeremy Stanley Sep 30, 2016 ▶ 4:39 Making On-Demand Delivery Profitable // Jeremy Stanley, Instacart (Data Driven NYC / FirstMark)
Sep 30, 2016 positive
Assertion Not checkable as stated
Instacart's repeat customers spend around $500 per month
“They spend about 500 dollars a month with us”
Jeremy Stanley Sep 30, 2016 ▶ 4:50 Making On-Demand Delivery Profitable // Jeremy Stanley, Instacart (Data Driven NYC / FirstMark)
Sep 30, 2016 bullish
Prediction Didn’t hold up
Instacart projects reaching profitability and positive cash flow by late 2017
“And in the next 12 months, we're gonna be a profitable company, cash flow positive.”
Jeremy Stanley Sep 30, 2016 ▶ 4:50 Making On-Demand Delivery Profitable // Jeremy Stanley, Instacart (Data Driven NYC / FirstMark)
Sep 30, 2016 neutral
Assertion Not checkable as stated
Instacart's 100-person engineering team includes 25 data professionals
“Engineering is around say a hundred people. Out of that there's about 25 that are data related. About five are data engineering. About 10 are analytics, which is really decision science, helping to inform the decisions that the product managers or operations t…”
Jeremy Stanley Sep 30, 2016 ▶ 14:51 Making On-Demand Delivery Profitable // Jeremy Stanley, Instacart (Data Driven NYC / FirstMark)
Sep 30, 2016
Disclosure
Instacart recomputes routing plans every minute in every market
“We recompute our plans every minute in every one of our markets”
Jeremy Stanley Sep 30, 2016 ▶ 13:21 Making On-Demand Delivery Profitable // Jeremy Stanley, Instacart (Data Driven NYC / FirstMark)
Sep 30, 2016 neutral
Assertion Not checkable as stated
Instacart's data stack relies on Postgres, AWS Redshift, Python, and R
“All of our production data is in Postgres, and we will read from the secondaries in AWS. We push all of the Postgres data into Redshift and do a lot of more intensive batch computations off of Redshift. The data science teams are using either Python or R we do…”
Jeremy Stanley Sep 30, 2016 ▶ 17:10 Making On-Demand Delivery Profitable // Jeremy Stanley, Instacart (Data Driven NYC / FirstMark)
Nov 16, 2021 positive
Assertion Supported
Over 35 enterprise companies use the open-source data catalog Amundsen
“Over 35 companies use it in open source, you know, ING, Instacart, Brexasana.”
Mark Grover Nov 16, 2021 ▶ 17:50 Fireside Chat: Mark Grover (Co-Founder & CEO, Stemma) with Matt Turck (Partner, FirstMark)
Jun 13, 2024 positive
Assertion Supported
Katz: Instacart uses ClickHouse for cost control, fraud, and A/B experimentation
“Instacart's a very prominent one and one of the more recent ones that have talked about their use of ClickHouse and in an effort to obviously control their spiraling data warehouse costs, they've looked to ClickHouse to help solve that problem, but also in ter…”
Aaron Katz Jun 13, 2024 ▶ 8:07 How ClickHouse powers Netflix, Uber and Spotify’s Analytics | Aaron Katz, CEO of ClickHouse
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