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Instacart raises another $150M

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Re: Instacart raises another $150M

#2
My wife just noticed Costco is offering same day shipping, I thought it odd that they could get the logistics down and it turned out to be Instacart.

I have personally used it but might now so I don't have to brave the traffic/chaos that a suburban Costco can be. That being said I haven't heard great things about IC in my area.

It, admittedly just now, strikes me that taking away the headache of Costco would be pretty welcome. We get mostly the same things and rarely go there without a list/goals for the trip. Additionally, their sales don't change often. Making online ordering much easier than going to the grocery and planning for the week/scoping the sales.

This really turned into a costco related comment.

Re: Instacart raises another $150M

#3
>Instacart, the grocery delivery startup that has a partnership of sorts with Whole Foods, is raising $150 million in funding, Axios first reported. This is on top of Instacart’s $200 million raise at a $4.2 billion valuation in February.

>Instacart has since confirmed the raise, bringing its total Series E round up to $350 million with a valuation of $4.35 billion.

Read: this is an additional $150M at the same pre-money valuation as the previously reported raise.

Re: Instacart raises another $150M

#4
post #2

My wife just noticed Costco is offering same day shipping, I thought it odd that they could get the logistics down and it turned out to be Instacart. I have personally used it but might now so I don't have to brave the traffic/chaos that a suburban Costco can be. That being said I haven't heard great things about IC in my area. It, admittedly just now, strikes me that taking away the headache of Costco would be prett…

If feasible, the best possible time to hit Costco is weekdays right when they open (10AM here.)

I understand that’s hard for folks with regular jobs, but might be more doable for the Hacker News crowd.

Re: Instacart raises another $150M

#5
post #2

My wife just noticed Costco is offering same day shipping, I thought it odd that they could get the logistics down and it turned out to be Instacart. I have personally used it but might now so I don't have to brave the traffic/chaos that a suburban Costco can be. That being said I haven't heard great things about IC in my area. It, admittedly just now, strikes me that taking away the headache of Costco would be prett…

Instacart has been my sole interface to Costco over the last year (Sunnyvale area). I think the selection online/in-app is far less than the typical Costco, but the experience boost is legitimate.

Re: Instacart raises another $150M

#6
post #2

My wife just noticed Costco is offering same day shipping, I thought it odd that they could get the logistics down and it turned out to be Instacart. I have personally used it but might now so I don't have to brave the traffic/chaos that a suburban Costco can be. That being said I haven't heard great things about IC in my area. It, admittedly just now, strikes me that taking away the headache of Costco would be prett…

I would have trouble trusting produce selection. Don't think the average bag/box of fruit/vegetables at Costco is acceptable, for extended periods even in California one has to carefully inspect leafy vegetables/berries to make sure the stuff hasn't started wilting/molding already, otherwise much of the savings in quantity buying is gone by wasteage.

Re: Instacart raises another $150M

#7
post #5
post #2

My wife just noticed Costco is offering same day shipping, I thought it odd that they could get the logistics down and it turned out to be Instacart. I have personally used it but might now so I don't have to brave the traffic/chaos that a suburban Costco can be. That being said I haven't heard great things about IC in my area. It, admittedly just now, strikes me that taking away the headache of Costco would be prett…

Instacart has been my sole interface to Costco over the last year (Sunnyvale area). I think the selection online/in-app is far less than the typical Costco, but the experience boost is legitimate.

Finding a parking space at that particular Costco is ridiculous within about 30 minutes of the store opening.

Re: Instacart raises another $150M

#8
I haven't had much luck using Instacart at all. At my last job we would order normal sized bottled water for our office fairly regularly and 9/10 times they would bring the tiny bottles. Also they claim on their website that "Fresh produce picked perfectly" but this couldn't be further from the truth. The produce you get seems to be chosen at random and is often mediocre or bad.

Seems likely that the shoppers are under too much pressure to rush so that they can barely earn a living and this leads to much lower quality for the customer.

Re: Instacart raises another $150M

#9
post #2

My wife just noticed Costco is offering same day shipping, I thought it odd that they could get the logistics down and it turned out to be Instacart. I have personally used it but might now so I don't have to brave the traffic/chaos that a suburban Costco can be. That being said I haven't heard great things about IC in my area. It, admittedly just now, strikes me that taking away the headache of Costco would be prett…

Are the costco prices based on their warehouse pricing or their online pricing? I've seen lots of items that are up to 50% cheaper in the store than what they advertise online.

Re: Instacart raises another $150M

#10
post #5

Earlier quoted context omitted.

Instacart has been my sole interface to Costco over the last year (Sunnyvale area). I think the selection online/in-app is far less than the typical Costco, but the experience boost is legitimate.

Finding a parking space at that particular Costco is ridiculous within about 30 minutes of the store opening.

Is there really a parking problem, or is it more of a walking problem? I've yet to see a costco parking lot that doesn't have tons of empty spaces if you're willing to walk 2 minutes
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