"Think Sears customers. Think Macys. Think JC Penny."
- equivalent sentiment 20 years ago.
> Making it profitable is a whole other can of worms but I definitely see opportunity.
Great, so there's an unprofitable opportunity for Instacart. Fantastic.
In all seriousness that's why I said short vs long term.. I probably agree Instacart can exploit some of the retailer panic here in the short term. But in the long term large scale vertically integrated players have massive cost and customer experience advantages.
I don't disagree. I'm just trying to imagine what investors are thinking pouring all this money into Instacart. And none of this rules out Instacart being gobbled up by Amazon after some down rounds.
this is a big pool, with not only deep pockets but millions of customers who are not ever going to shop at Whole Foods. Think Target and Costco customers, and think of every other local retail experience they have that can be delivered.
Making it profitable is a whole other can of worms but I definitely see opportunity.