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      • The primary reason to go public was to make sure that employees and early investors receive liquidity. It had always been our intention to be publicly listed at some point. It's really a testament to the financial stability of the company that allows for it to go public at a time when there was no window.
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  2. Dec 11, 2023 · The primary reason to go public was to make sure that employees and early investors receive liquidity. It had always been our intention to be publicly listed at some point. It's really a testament to the financial stability of the company that allows for it to go public at a time when there was no window.

  3. Sep 20, 2023 · The company had laid out plans to go public in May 2022 but delayed the listing over fears of a recession. Meanwhile, after the blockbuster listing, Mehta has left the board handing over his...

  4. Sep 21, 2023 · Mehta is the Indian-origin co-founder of Instacart, which he exited with a $1.3 billion fortune following the company’s initial public offering on Tuesday. The IPO marked the end of Mehta’s...

  5. CEO and co-founder, Cloud Health Systems. Known for. Founder of Instacart. Apoorva Mehta (born 1986) is a billionaire Indo-Canadian businessman and the founder of Instacart and Cloud Health Systems. [1] [2] As of September 2023 he had a net worth of $1.1 billion, owing to his 10% ownership share of Instacart and his stake in Cloud Health Systems.

  6. Sep 19, 2023 · Yes, Mehta will be rich and make his early investors rich. But his journey is also curious: he refused to go public in 2021, when the IPO market was hotter, forgoing perhaps billions more. He stepped down as CEO before the IPO. And he’s about to step down as chair of the board. Who is Mehta, and why don’t we know more about him?

    • Allana Akhtar
  7. Jul 27, 2021 · Apoorva Mehta, a cofounder of Instacart. Steve Jennings/Getty Images for TechCrunch. Instacart replaced CEO Apoorva Mehta in July, tapping Facebook's Fidji Simo to lead the company. Mehta,...

  8. Sep 21, 2023 · When Apoorva Mehta walked away from a promising career at Amazon as a supply chain engineer in 2010, he had entrepreneurial ambitions but no concrete idea of what he would pursue. Today, at ...