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Mike Moritz doesn't get out of bed for less than a billion dollars - http://techcrunch.com/2010/09/28/mike-moritzs-midas-touch-gr...

Looks like Instacart is on the right path to a massive IPO :)

Good work guys!

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An IPO is just a means of transferring ownership. It doesn't say much about the viability of the business model other than that people might believe in it.

Mike Moritz has invested in as many duds as successes.

A 1:1 dud-to-success ratio is to die for!

That's not really what I meant, but I guess that's what I said. Sadly, Sequoia funding is no guarantee of success as I know from personal experience.

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