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Instacart Is Optimistic About Its Future

CEO Fidji Simo on continuing to deliver great food with just the click of a button.

Episode 27 of the Leadership Next podcast, hosted by Fortune, titled "Instacart Is Optimistic About Its Future" was published on August 9, 2022 and runs 30 minutes.

August 9, 2022 ·30m · Leadership Next

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Instacart was a pandemic darling. Its nationwide network of drivers, shoppers and grocery partners made it a go-to service for Americans stuck at home during a time when grocery shopping was considered a high-risk activity. But what does Instacart do now that many of us have returned to the norm of in-person shopping? Fidji Simo, who just marked her one-year anniversary as the CEO of Instacart, answers this question, and more. In this episode of Leadership Next, Simo tells host Ellen McGirt why she wanted to be CEO of Instacart, even during such tumultuous times. She explains Instacart's decision to begin accepting SNAP EBT benefits and how that's tied to the company mission of increasing access to healthy food. Also in the conversation: what she learned from a 10-year career at Facebook and why she is optimistic about the company's future even in the face of a 40% cut in its valuation, .

Instacart was a pandemic darling. Its nationwide network of drivers, shoppers and grocery partners made it a go-to service for Americans stuck at home during a time when grocery shopping was considered a high-risk activity. But what does Instacart do now that many of us have returned to the norm of in-person shopping? Fidji Simo, who just marked her one-year anniversary as the CEO of Instacart, answers this question, and more. In this episode of Leadership Next, Simo tells host Ellen McGirt why she wanted to be CEO of Instacart, even during such tumultuous times. She explains Instacart's decision to begin accepting SNAP EBT benefits and how that's tied to the company mission of increasing access to healthy food. Also in the conversation: what she learned from a 10-year career at Facebook and why she is optimistic about the company's future even in the face of a 40% cut in its valuation, .
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