Instacart Taps Facebook Vet Everson as Part of Shake Up

The transcript discusses Instacart's leadership changes, business model, and growth strategies. It highlights the impact of COVID-19 on the company, safety protocols, and profitability. Lessons from Facebook are applied to Instacart, focusing on safety and culture. The importance of diversity in leadership and workforce is emphasized. Instacart's automation plans and retail partnerships are explored, along with competition and market expansion strategies.

What was a key factor in Carolyn Everson's decision to join Instacart?

• A new role in a different country

• A significant salary increase

• The opportunity to work with a former colleague

• A desire to leave the tech industry

How does Instacart plan to grow its advertising business?

• By reducing grocery delivery services

• By partnering with more CPG brands

• By increasing delivery fees

• By acquiring smaller companies

What is Instacart's approach to safety during the pandemic?

• Reducing delivery hours

• Providing free telemedicine and supplies

• Increasing delivery fees

• Mandating vaccines for all employees

Why is having a diverse leadership team important for Instacart?

• It reduces operational costs

• It reflects the customer base

• It increases advertising revenue

• It simplifies decision-making

What is a significant trend in the gig economy post-pandemic?

• More men joining the gig economy

• A decrease in gig worker earnings

• More women joining the gig economy

• A rise in full-time employment

How does Instacart view its relationship with retail partners?

• As customers

• As partners

• As competitors

• As suppliers

What is the purpose of Instacart's partnership with Fabric?

• To increase advertising revenue

• To expand into new markets

• To reduce the number of employees

• To automate and speed up order fulfillment

What is Instacart's stance on becoming a grocery retailer?

• They are already a retailer

• They have no plans to become a retailer

• They are considering it for the future

• They plan to become a retailer soon

What is a key driver of Instacart's future growth?

• Expanding internationally

• Growing the advertising business

• Reducing delivery fees

• Increasing grocery store partnerships

What percentage of the grocery market does Instacart expect to move online in the next five years?

• 10%

• 25%

• 50%

• 75%