Maplebear, Inc. (CART)


September 15, 2023

CART: Raises IPO Range

By Steven Fox

This morning, Maplebear, which is doing business as Instacart, raised its proposed IPO price range from $26-28 to $28-30. The company still plans to issue 22.0mm shares (14.1mm in a primary offering and 7.9mm in…

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September 13, 2023

Insta Analysis of CART

By Steven Fox

We reviewed S-1 filings of Maplebear, which is doing business as Instacart, and assembled a financial model, including a “first stab” at forecasts ahead of a proposed IPO under the ticker CART. Instacart, the largest…

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