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Postmates CEO Bastian Lehmann is coming to Disrupt SF

It’s a busy time for Postmates — the logistics and delivery company is prepping for its IPO on the back of a fresh $100 million raise in February. However, founder and CEO Bastian Lehmann is still carving some time out of his schedule to join us at Disrupt SF in October. Before Postmates, Lehmann cofounded Curated.by, a real-time tweet curation platform based out of London. The German native founded Postmates in March 2011 and turned the brand into a household name. The logistics and food del...
Tags: Food, Startups, TC, Ecommerce, Apps, London, Collaborative Consumption, Tech, Walmart, Instacart, Postmates, Moscone Center, Lehmann, Deliveroo, Bastian Lehmann, Disrupt Sf


As Airbnb and Instacart gear up for rumored IPOs, here are the VC firms that have made the most early investments in billion-dollar startups

A new report from CB Insights showed SV Angel and Y Combinator as the top seed-stage and Series A investors in billion-dollar startups. Of the top five firms with early investments in "unicorn" startups, three invested in home rental startup Airbnb and grocery delivery service Instacart, both of which are rumored to go public in 2019. A unicorn typically refers to a privately-held tech startup that is valued at or above $1 billion. According to CB Insights, there are 344 of these unicorns in t...
Tags: Y Combinator, Top, Ipo, Trends, Silicon Valley, Airbnb, Andreessen Horowitz, Instacart, Sv Angel, Cb Insights, PitchBook, Sequoia Capital China, IDG Capital, Airbnb Instacart, DoorDash Top, Instacart Top


'It's a contrarian take': A prominent ad-tech veteran is pumping money into advertising and marketing companies — even as the industry faces doom and gloom

Ad-tech veterans turned investors Eric Franchi and Joe Zawadzki are funding a new wave of advertising and marketing firms. Since they launched MathCapital last year, the fund has invested in 18 companies, with a few more deals set to close in the coming weeks. MathCapital sees opportunity in new companies that are trying to solve specific problems in digital advertising. Visit Business Insider's homepage for more stories. The ad-tech bubble may seem to be bursting for some, but not for ad-tec...
Tags: Google, Amazon, Facebook, New York, Trends, Warren Buffett, Jordan, World Trade Center, Instacart, AppNexus, Forrester Research, Perion, Ott, Eric, Joe Zawadzki, Eric Franchi


These Are Our Readers' Four Favorite Online Flower Delivery Services

The most popular advice in this week’s online flower delivery Co-Op was to just call a local florist where you’d like to get flowers delivered, and work with them to buy what you need. That’s smart advice in most cases!Read more...
Tags: Amazon, Gifts, Lifehacks, Flowers, Instacart, Urbanstems, The Bouqs


Some reassuring data for those worried unicorns are wrecking the Bay Area

Joanna Glasner Contributor More posts by this contributor From lab-grown meat to fermented fungus, here’s what corporate food VCs are serving up A record $2.5B went to US insurance startup deals last year, and big insurers are in all the way The San Francisco Bay Area is a global powerhouse at launching startups that go on to dominate their industries. For locals, this has long been a blessing and a curse. On the bright side, the tech star...
Tags: Apple, Google, Startups, TC, Facebook, Lyft, Uber, Column, Pinterest, California, Entrepreneurship, San Francisco, Tech, Tesla, Intel, Companies


Resurgent HappyFresh raises $20M for its online grocery service in Southeast Asia

It’s been a tricky past few years for HappyFresh, the startup seeking to bring Instacart-like grocery deliveries to Southeast Asia. It’s been through a series of rebuilding measures, but there’s light at the end of the tunnel after it announced a $20 million Series C. Launched in 2015, HappyFresh quickly raised $12 million to expand its vision of digital deliveries across Southeast Asia. In late 2016, however, the tough economics of its business saw it pull out of two markets, as it raised an...
Tags: Fundings & Exits, TC, Asia, Indonesia, Finance, China, Southeast Asia, Singapore, Funding, Tech, Ceo, Economy, Thailand, Philippines, Malaysia, Middle East


I haven't gone to a grocery store in months or a drugstore in years — I use Instacart and Amazon Subscribe & Save instead

Insider Picks   writes about products and services to help you navigate when shopping online. Insider Inc. receives a commission from our affiliate partners when you buy through our links, but our reporting and recommendations are always independent and objective. Ordering groceries and household items online has saved me so much time and money — I haven't been to a grocery store in months or a drugstore in years.  I buy groceries via Instacart and use Amazon Subscribe & Save for household ite...
Tags: Amazon, Trends, Instacart, Costco, Amazon Subscribe Save, Amazon Subscribe, Insider Inc, Non Express


VC Trends in 2019: More Money, Fewer Deals But Women Still Get Less

If you’ve been following venture capital trends, what you expected to happen in the first quarter of 2019 did: More money is being invested in fewer deals, and women founders still are getting less of it than men.Venture firms sent $32.6 billion into startups nationally during the first three months of 2019, the second largest amount for any quarter since at least 2006, according to data released overnight by PitchBook and the National Venture Capital Association. But that large sum came from o...
Tags: Deals, Startups, Lyft, Uber, Hardware, Entrepreneurship, Softbank, Funding, Women, Trends, Tech, Vc, Software, Physics, Pwc, Venture Capital


GrubMarket raises $25M more for its farm-to-table food delivery service

Farmers markets have become a staple presence in many US cities, where there is a steady supply of smaller, often organic farmers and other food producers wanting a more direct channel to sell their goods, and a steady demand from foody types who like having the option of bypassing bigger grocery stores to amble around a group of stalls with a wider choice of items to cook and eat. Now, one of the startups that has turned that model into a profitable on-demand delivery business has raised some f...
Tags: Amazon, Food, Ecommerce, Asia, Japan, New York, California, Funding, Digital, US, Los Angeles, Tech, Organic, Mit, New Jersey, San Diego


‘Amazon Effect’ forces traditional stores to find ways to get products straight to customers’ doors

The “Amazon Effect” has conditioned convenience-hungry consumers to become accustomed to doorstep delivery for everything from eggs to electronics — and its upending business models for traditional pay-at-the-counter retailers. The strongest growth in retail is coming from digital channels. Retail ecommerce sales in 2019 are expected to climb 15.1 percent for the year to $605.3 billion, according research firm eMarketer. Not surprising, Amazon is dominating the market. In 2017, Amazon sales jump...
Tags: Amazon, Business, Technology, Instagram, San Francisco, Walmart, Sport, Aldi, Snapchat, Soccer, San Diego, Seattle, Instacart, Emarketer, Kroger, Scottsdale Ariz


Instacart rolls out an Instant Cashout feature for shoppers

Instacart is today launching a new feature aimed at allowing shoppers to access their earnings more quickly, the company announced this morning. Instant Cashout, as the option is called, was built in partnership with payments platform Stripe and is being made available to shoppers in-app for instant transfers to a debit card. Previously, workers would have to wait a week to get paid. With Instant Cashout, they can instead opt to have their pay immediately transferred to a debit card. The company...
Tags: Ecommerce, Tech, E-commerce, Payments, Stripe, Instacart, Grocery Delivery, Delivery Service, Boston Mass, Shoppers, Apoorva Mehta, Instant Cashout


PayPal to invest $750M, and Dragoneer $100M into MercadoLibre, Argentina’s e-commerce powerhouse

It’s not only SoftBank that’s eyeing up the opportunity to tap into the quickly expanding market for e-commerce in Latin America. MercadoLibre, a marketplace and financial services powerhouse based out of Argentina and serving 18 countries across the region, has announced that PayPal is investing $750 million, and VC Dragoneer another $100 million, as part of a $1.8 billion equity offering to grow its business — specifically to expand the functionality of its e-commerce platform; improve its log...
Tags: Amazon, TC, Ecommerce, Marketplace, Finance, India, Softbank, Funding, US, Tech, Paypal, Alibaba, Argentina, Goldman Sachs, Morgan Stanley, Instacart


Instacart’s alcohol delivery is now available in 14 states

Instacart has expanded its alcohol delivery to now be available in 14 states and Washington D.C. from nearly 100 different retailers. With the roll-out, Instacart alcohol delivery is currently available to 40 million homes in the U.S. and the number of alcohol deliveries on the platform has more than doubled since the same time last year. Partners who participate in alcohol delivery on Instacart include Albertsons, Kroger, Publix, Schnucks, and Stater Bros, alongside wine and liquor stores su...
Tags: Amazon, Startups, Ecommerce, Apps, Whole Foods, Washington, Tech, Instacart, Stater Bros, Saucey, Binny s Beverage Depot, Albertsons Kroger Publix Schnucks, Washington D C Instacart, Nilam Ganenthiran


AT&T's reorg, Barstool's 'moronic' admission, and Sinemia outrage

Hello!First, thanks for subscribing. If you got this newsletter forwarded, sign up for your own here. It’s been another newsy week. No sooner did AT&T get the blessing to move ahead with its $85 billion merger with Time Warner than it restructured its media properties and named a new leader to oversee them, ex-NBC Entertainment chair Bob Greenblatt. The reorg combines parts of Turner and HBO in one unit, a sign that AT&T believes that fiefdoms aren’t the way to compete in a media landscape domi...
Tags: Google, Amazon, Facebook, Twitter, Hbo, Time Warner, Trends, Salesforce, Hulu, Instacart, Kraft, Moviepass, Turner, Peapod, NBC Entertainment, Bob Greenblatt


Amazon is opening up ads in AmazonFresh, its Instacart killer, to win over big packaged-goods brands

Amazon is expanding its advertising business to AmazonFresh, letting consumer-packaged-goods brands run ads for their grocery products. On Thursday, Frito-Lay and Nestle Waters were running ads in search results and on product detail pages. Online grocery is a competitive industry, with Instacart, Walmart, and Peapod among those offering services. Amazon's move into advertising has been compared to Facebook's and Google's for its size and data, and now it's taking a page from retailers like W...
Tags: Google, Amazon, Facebook, New York, Trends, Walmart, Amazon Prime, Chicago, Deutsche Bank, Instacart, Business Insider, Nestle, Peapod, Kroger, Kenshoo, ASIN


Amazon just opened up ads within its Instacart-killer AmazonFresh to win over big packaged goods brands

Amazon is expanding its advertising business to AmazonFresh, letting consumer packaged goods brands run ads for their grocery products. On Thursday morning, Frito-Lay and Nestle Waters were running ads within search results and product detail pages. Online grocery is a competitive industry with Instacart, Walmart and Peapod all offering grocery services. Amazon's move into advertising has been compared to Facebook and Google for its size and data, and now it's taking a page from retailers lik...
Tags: Google, Amazon, Facebook, New York, Trends, Walmart, Chicago, Deutsche Bank, Instacart, Business Insider, Nestle, Peapod, Kroger, El Chapo, Kenshoo, ASIN


Amazon just opened up ads in AmazonFresh, its Instacart killer, to win over big packaged-goods brands

Amazon is expanding its advertising business to AmazonFresh, letting consumer-packaged-goods brands run ads for their grocery products. On Thursday, Frito-Lay and Nestle Waters were running ads in search results and on product detail pages. Online grocery is a competitive industry, with Instacart, Walmart, and Peapod among those offering services. Amazon's move into advertising has been compared to Facebook's and Google's for its size and data, and now it's taking a page from retailers like W...
Tags: Google, Amazon, Facebook, New York, Trends, Walmart, Amazon Prime, Chicago, Deutsche Bank, Instacart, Business Insider, Nestle, Peapod, Kroger, Kenshoo, ASIN


Presto raises $30M to bring its AI platform and tabletop ordering hardware to restaurant chains

The “restaurant of the future” may elicit thoughts of a chrome diner with robot servers and an otherwise hefty amount of Tokyo futurist kitsch, but the fact is that the forthcoming sit-down dining experience may just end up looking a lot like ordering from a takeout app. Presto is working with restaurants to update the 21st century dine-in experience, letting customers order and pay from their table with a tablet device while also providing hardware like wearable for servers so that they can ...
Tags: Startups, Tokyo, Instacart, Recruit Holdings, Applebee, Suri, PRESTO, Raj Suri


Costco, Trader Joe’s emerge as consumer favorites as Amazon love wanes

Costco may be a latecomer to e-commerce, but consumers love it even more than Amazon.com, according to a customer satisfaction survey released Tuesday, Feb. 26. The perennial favorite Trader Joe’s was the winning grocery store. Costco scored 83 on the annual American Customer Satisfaction Index, edging out Amazon’s score of 82. Amazon had topped the category since 2010, but its score slipped four points compared with a year ago. This is the first time the survey included Costco in its internet r...
Tags: Amazon, Business, Walmart, Sport, Aldi, UPS, Soccer, Sam, Instacart, Costco, Monrovia, Joe, Grocer, Publix, United Parcel Service Inc, Winn Dixie


Upcoming Tech IPOs Will Mint Hundreds of Overnight Millionaires and Silicon Valley Vultures Are Licking Their Chops

The day started with an intense tropical storm consuming San Francisco, but by evening the clouds had parted just in time for a group of grinning and excited venture capitalists, techies, and real estate agents to gather at atop a downtown highrise that overlooks the city all the way to across the Bay to Oakland.Read more...
Tags: Lyft, Uber, Real Estate, Science, Pinterest, California, Ipo, San Francisco, Airbnb, Instacart, Palantir, Postmates, Slack, Bay, Silicon Valley Vultures, Oakland Read


DoorDash Is a Bunch of Snakes

Despite the fallout earlier this month over alleged “tip theft” on the part of Instacart, DoorDash is defending its own policy of using worker tips to supplement their base wage. If this sounds slimy, it is. It’s also a good reason to always tip in cash.Read more...
Tags: Science, Tips, Wages, Delivery, Instacart, Doordash


DoorDash Are a Bunch of Snakes

Despite the fallout earlier this month over alleged “tip theft” on the part of Instacart, DoorDash is defending its own policy of using worker tips to supplement their base wage. If this sounds slimy, it is. It’s also a good reason to always tip in cash.Read more...
Tags: Science, Tips, Wages, Delivery, Instacart, Doordash


Food Delivery Continues to Boom

It's been an interesting couple of weeks in the food delivery industry.  Controversy swirled around grocery delivery company Instacart and their policy on tipping, witch many called wage theft. While this led to Instacart changing their policy, other food delivery companies so far are continuing with their tipping practices despite complaints by both drivers and customers.  The furor over tipping overshadowed a lot of news showing that the food delivery industry continues to boom. Examples i...
Tags: Sales, Trends, Walmart, United States, Instacart, On-demand Economy, Postmates, Gig Economy, GrubHub, Independent workers


DoorDash subsidizes driver wages with tips

It’s true that DoorDash offsets the amount it pays its drivers with customer tip, according to an FAQ page on its own site. “For each delivery, you will always receive at least $1 from DoorDash plus 100% of the customer tip,” DoorDash states on a Dasher FAQ page. “Where that sum is less than the guaranteed amount, DoorDash will provide a pay boost to make sure you receive the guaranteed amount. Where that sum is more than the guaranteed amount, you pocket the extra amount.” To be clear, drive...
Tags: Amazon, Startups, Tech, Diversity, Reddit, Fast Company, Instacart, Los Angeles Times, Doordash, Instacart Depending, Bloomberg DoorDash, Instacart CEO Apoorva Mehta


Daily Crunch: SoftBank bets big on autonomous delivery

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here: 1. SoftBank’s next bet: $940M into autonomous delivery startup Nuro Nuro has raised $940 million in financing from the SoftBank Vision Fund, a whopping amount that will be used to expand its delivery service, add new partners, hire employees and scale up its fleet of self-driving bots. The autonomous ...
Tags: Apple, Amazon, Spotify, Saudi Arabia, Softbank, Tech, Getty Images, Netflix, Automotive, Va, Health Records, Jeff Bezos, Sunday Times, Equity, Instacart, Mobile World Congress


DoorDash and Amazon Won't Change Tipping Policy After Instacart Controversy

An anonymous reader quotes a report from Forbes: The tipping controversy that prompted Instacart to reverse a compensation plan to its contract workers isn't likely to go away: Rivals DoorDash and Amazon Flex are continuing to adjust driver pay based on how much they get tipped, saying doing so ensures a minimum payout. The practice, which has its roots in the way brick-and-mortar restaurants pay waitstaff, has been adapted to suit the needs of app-based delivery companies. The difference is tha...
Tags: Amazon, Tech, Instacart, Doordash, Forbes, Amazon Flex


Startups Weekly: Spotify gets acquisitive and Instacart screws up

Did anyone else listen to season one of StartUp, Alex Blumberg’s OG Gimlet podcast? I did, and I felt like a proud mom this week reading stories of the major, first-of-its-kind Spotify acquisition of his podcast production company, Gimlet. Spotify also bought Anchor, a podcast monetization platform, signaling a new era for the podcasting industry. On top of that, Himalaya, a free podcast app I’d never heard of until this week, raised a whopping $100 million in venture capital funding to “esta...
Tags: Fundings & Exits, Startups, TC, Uber, Y Combinator, Spotify, Web Summit, Funding, Tech, CMO, Palo Alto, Venture Capital, Tencent, Reddit, Bird, Silicon Valley


Social media fury over Instacart pay scale raises industry-wide concerns

Instacart and other apps are competing for consistent customers, while worker pay is inconsistent.
Tags: Instacart


Mixtape podcast: Instacart’s apologetic week

It’s that time of the week again when Megan Rose Dickey and I talk about the good and could-be-better tech companies. This week, we talked about Instacart  href="https://techcrunch.com/2019/02/05/instacart-faces-class-action-lawsuit-regarding-wages-and-tips/">getting caught shorting its shoppers out of dough they rightfully deserved. Of course the company apologized for its “misguided” approach. Which at least sounds better than apologizing for getting caught — and getting caught, the company d...
Tags: Travel, Apple, TC, Uber, Scooters, Instacart, Jump, Megan Rose Dickey, Tyra Banks, Santa Monica California, San Francisco The City, TechCrunch Mixtape, Modelland


Daily Crunch: Instacart CEO apologizes

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here: 1. Instacart CEO apologizes for tipping debacle On the heels of a recently filed class-action lawsuit over wages and tips, as well as drivers and shoppers speaking out about Instacart’s alleged practices of subsidizing wages with tips, Instacart is taking steps to ensure tips are counted separately from ...
Tags: Facebook, Ecommerce, Uber, Spotify, Microsoft, Germany, Tech, Skype, Instacart, Match Group, Sequoia, Gustav Söderström, Aurora Aurora, Google Tesla, Apoorva Mehta, Daily Crunch