" 20 Failures to 39 billion company" Level 2 : Route to become a unicorn Instacart was launched in 2012 and already made a revenue of 75 million in FY 2014, with this speedy progress they became a unicorn in 1 or 2 year. So what made them a unicorn Perfect Timing - Instamart launched at a time when online shopping was replacing the traditional ways, Smartphone were revolutionizing and the most important there was a market gap although there were apps but they all were giving from their own warehouses whereas Instantcart connected stores and people Expanding reach and scaling business - From 1 to 100 and 100 to 600 stores Instacart kept on expanding their reach ultimately making their services better and forcing more people to use them. Excellent presence of mind and multiple revenue sources There's more to write about this topic but already exceeding the word limit so... But I covered all major points I will post " Level 3 : Marketing strategies used" soon
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