Sources: Instacart plans to target its IPO at roughly $8.6B to $9.3B valuation, well below the $39B valuation the company had in March 2021 (Wall Street Journal)

https://www.wsj.com/business/deals/instacart-to-target-much-diminished-valuation-range-of-under-10-billion-in-ipo-45c22724?mod=followamazon

http://www.techmeme.com/230910/p8#a230910p8