Instacart's founder Apoorva Mehta is leaving the company with a net worth of $1.1 billion following the grocery delivery app's successful debut.Mehta, 37, relinquished his position as board chair as part of , handing the reins to CEO Fidji Simo, who joined Instacart in 2021 from .Instacart priced its IPO at $30 per share, for a valuation of $9.9 billion, and the stock rose on the first day of trading, before closing the session at $33.70.
Load More
Load More