Instacart’s valuation dropped 38% this past week.
Even with the drop, it's still trading at 13.3x while revenue is growing at just 20%, per CB Insights revenue and valuation data. Might more pain be in store?
Which other unicorns are at risk of a similar valuation reset? Get the downloadable list of all unicorns here.
Modern Retail. Maria Monteros (@MariaMonteros_) reports on livestream shopping platform Whatnot’s NFT ambitions and quotes CB Insights senior manager Thomas Sineau (@TSineau).
Denver Business Journal. Joshua Mann discusses venture funding to Denver using CB Insights research.
Practical Ecommerce. Adel Boukarroum (@AdelBoukarroum) covers the performance of e-commerce giants and cites CB Insights unicorn data.