Thursday, August 31, 2023

Lessons from the rapid grocery delivery boom: $10B+ of VC money, used for ads and promos, created the market from nothing, app downloads have cratered, and more (Bryce Elder/Financial Times)

Bryce Elder / Financial Times:
Lessons from the rapid grocery delivery boom: $10B+ of VC money, used for ads and promos, created the market from nothing, app downloads have cratered, and more  —  The failure and folly behind a $10bn bribe to not go to the shops  —  The inflation adjusted price for delivering you a packet …



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