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Top related persons:
Andreessen Horowitz - 2 Instacart - 2 Andreessen - 2 Covid shutdowns - 2 Nick Giovanni - 2 Sequoia's Mike Moritz - 2 Rowe Price - 2 It's - 2
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Sequoia IPOs U.S Instacart SoftBank
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Sequoia Capital - 2 D1 Capital Partners - 2 Consumers - 2 Nasdaq - 2 Sequoia - 2 Valiant - 2 D1 - 2 Federal Reserve - 1

Search resuls for: "Valiant Peregrine"


2 mentions found


☆ Sequoia and Andreessen to take a huge hit on their 2021 Instacart investment, after a 75% plunge in valuation
  + stars: | 2023-09-15 | by ( Ari Levy | ) www.cnbc.com   time to read: +5 min
That's more than 75% below where Sequoia and Andreessen invested in early 2021. At that time, Instacart sold shares at $125 a piece for a $39 billion valuation. The 400,000 shares it purchased in 2021 are a small sliver of the 51.2 million shares it owns. Neither Sequoia nor Andreessen participated in that round. Even if Instacart's IPO can't lift its valuation anywhere near its Covid-era peak, it's likely that Sequoia, Andreessen and other venture firms are hoping it helps lift public investor enthusiasm for new tech stocks.
Persons: Andreessen Horowitz, Instacart, Andreessen, Covid shutdowns, Nick Giovanni, Sequoia's Mike Moritz, Rowe Price, It's, haven't, VCs, DoorDash, hasn't, there's, isn't, Valiant Peregrine Organizations: Sequoia Capital, D1 Capital Partners, Federal Reserve, Consumers, Nasdaq, Sequoia, Valiant, D1 Locations: Sequoia, IPOs, U.S, Instacart, SoftBank
☆ Sequoia and Andreessen get hosed on their 2021 Instacart investment, after a 75% plunge in valuation
  + stars: | 2023-09-15 | by ( Ari Levy | ) www.cnbc.com   time to read: +5 min
That's more than 75% below where Sequoia and Andreessen invested in early 2021. At that time, Instacart sold shares at $125 a piece for a $39 billion valuation. The 400,000 shares it purchased in 2021 are a small sliver of the 51.2 million shares it owns. Neither Sequoia nor Andreessen participated in that round. Even if Instacart's IPO can't lift its valuation anywhere near its Covid-era peak, it's likely that Sequoia, Andreessen and other venture firms are hoping it helps lift public investor enthusiasm for new tech stocks.
Persons: Andreessen Horowitz, Instacart, Andreessen, Covid shutdowns, Nick Giovanni, Sequoia's Mike Moritz, Rowe Price, It's, haven't, VCs, DoorDash, hasn't, there's, isn't, Valiant Peregrine Organizations: Sequoia Capital, D1 Capital Partners, Federal, Consumers, Nasdaq, Sequoia, Valiant, D1 Locations: Sequoia, IPOs, U.S, Instacart, SoftBank
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