Resolves YES if in 2022 Instacart files to go public (e.g. files S-1). Going public may include IPO, direct listing, SPAC, etc.
Context: Instacart is one of the 10 most valuable startups according to https://www.cbinsights.com/research-unicorn-companies, but cut its valuation 40% from $39B to $24B amidst the recent tech selloff, which has seen an especially heavy decline in companies with pandemic-fueled growth that is now slowing.
[1] https://investmentu.com/instacart-ipo/
[2] https://www.forbes.com/advisor/investing/instacart-ipo/
💬 Proven correct
Jack bought M$177 of YES16 days ago
Yesterday, Instacart filed confidentially for IPO. I think this qualifies as a YES resolution, but I'm not an expert on the mechanics of this filing so I'll leave this open for a day or two in case anyone thinks otherwise.
- https://www.bloomberg.com/news/articles/2022-05-12/instacart-is-said-to-file-confidentially-for-an-ipo-in-us
- https://www.nytimes.com/2022/05/11/business/instacart-takes-a-big-step-toward-a-public-offering.html
- https://www.forbes.com/sites/sergeiklebnikov/2020/08/25/heres-why-more-companies-are-filing-confidential-ipo-paperwork/?sh=6bbddee56e68
Jack made M$61!
Jack sold M$48 of NO16 days ago
Follow-up market: https://manifold.markets/jack/will-instacart-ipo-in-2022
Jack bought M$177 of YES16 days ago
Yesterday, Instacart filed confidentially for IPO. I think this qualifies as a YES resolution, but I'm not an expert on the mechanics of this filing so I'll leave this open for a day or two in case anyone thinks otherwise.
- https://www.bloomberg.com/news/articles/2022-05-12/instacart-is-said-to-file-confidentially-for-an-ipo-in-us
- https://www.nytimes.com/2022/05/11/business/instacart-takes-a-big-step-toward-a-public-offering.html
- https://www.forbes.com/sites/sergeiklebnikov/2020/08/25/heres-why-more-companies-are-filing-confidential-ipo-paperwork/?sh=6bbddee56e68