Confluent, a data analytics startup founded by former LinkedIn engineers, has hired a top sales executive from Salesforce as it prepares for an initial public offering, The Information has learned. Larry Shurtz, a 10-year Salesforce veteran who was executive vice president of enterprise sales for the company’s business in North America, is joining Confluent as chief revenue officer, according...
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DoorDash Should Buy Instacart Now
Instacart’s stock price performance so far brings to mind a variation on the old line about love: Is it better to have gone public and lost, or never to have gone public at all? The shares fell 9% on Monday to $26.96, 10% below its IPO price, following our scoop that the Wall Street analysts at the banks underwriting the offering are projecting a severe slowdown in Instacart’s growth in the...
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