Why Instacart’s $2 Billion Valuation Doesn’t Spell Bubble

by Steven Jacobs
A rash of new billion dollar valuations has rekindled fears that the kind of unfounded tech optimism characteristic of the dot-com bubble has resurfaced. And no story has emboldened critics like the ascent of Instacart, a local logistics firm whose recent $2 billion dollar valuation evokes the cautionary tales of Webvan, Kozmo and other delivery companies that came to represent ...Read the full article