Instacart plans to use its initial public offering to sell mostly employee shares, rather than focusing on raising much fresh cash, The Wall Street Journal reported Monday. Instacart executives have told potential investors that the company doesn’t plan to issue many new shares as part of the IPO, the report said. The grocery delivery startup is reportedly aiming to go public before the end...
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An AI Researcher Tries to Build Good AI While Burning Down the Bad
In the hours after Margaret Mitchell was fired by Google over email in February 2021, she ran to the bathroom and threw up. “I was just so terrified that I was never going to get a job in tech again, that my name had been scarlet lettered,” she told me over an hourlong Zoom this week, calling from her home outside Seattle. That was not the case. In the ensuing days and weeks, as her...
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