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- As the largest individual shareholder with a 10% holding, Mehta became a billionaire when Instacart hit a $13.7 billion valuation in 2020. The company’s value peaked a year later at $39 billion. After valuations cratered across the tech industry in 2022, Forbes estimated the value of Mehta’s shares to be worth $1.3 billion in January 2023.
www.forbes.com/sites/richardnieva/2023/09/19/apoorva-mehta-instacart-ipo-exclusive/For Founder Apoorva Mehta, Instacart’s $9.9 Billion IPO Is ...
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Sep 19, 2023 · After valuations cratered across the tech industry in 2022, Forbes estimated the value of Mehta’s shares to be worth $1.3 billion in January 2023. With the company going public at a $9.9...
Sep 19, 2023 · Mehta’s $1.3 billion fortune includes his 10% ownership of Instacart as well as a stake in his new company, Cloud Health Systems, which aims to address chronic illness.
Sep 19, 2023 · Instacart's cofounder Apoorva Mehta and CEO Fidji Simo's stakes are worth $1.2 billion and $21.6 million.
- Henry Blodget
Sep 19, 2023 · Instacart’s flashy initial public offering Tuesday gave some of its early investors a massive victory, but funds who entered at Instacart’s inflated mid-pandemic valuation were still left holding...
- Derek Saul
Sep 19, 2023 · Instacart Founder Exits With $1.1 Billion Fortune After IPO. Apoorva Mehta steps down as grocery-delivery firm’s chairman; His net worth has dropped from a high of $3.5 billion in 2021
- 2 min
Sep 23, 2024 · Apoorva Mehta is the executive chairman and founder of Instacart, a San Francisco-based grocery delivery firm most recently valued at $13 billion. Born in India, Apoorva lived in Libya...
Sep 20, 2023 · The son of immigrant parents, who went from India to Libya and Canada, Mehta is a newly-minted billionaire worth a staggering $1.3 billion, while a company that he founded—thanks to the...
