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Marc Lore’s Wonder Preps a Pre-IPO Round
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E-commerce veteran Marc Lore hasn’t been shy about his food delivery startup’s IPO aspirations.
Key facts
- The eight-year-old owner of restaurant delivery service Grubhub and meal kit service Blue Apron wants to raise a new round of venture capital at a valuation of $11 billion, up from $7 billion last
- In recent months, he has written on the whiteboards in Wonder’s Midtown Manhattan office the date when it should be IPO-ready: March 31, 2027, according to a person close to the company
- E-commerce veteran Marc Lore hasn’t been shy about his food delivery startup’s IPO aspirations
- First, however, the company will try to tap private investors once more
Summary
In recent months, he has written on the whiteboards in Wonder’s Midtown Manhattan office the date when it should be IPO-ready: March 31, 2027, according to a person close to the company. The eight-year-old owner of restaurant delivery service Grubhub and meal kit service Blue Apron wants to raise a new round of venture capital at a valuation of $11 billion, up from $7 billion last year, people familiar with its plans told me.
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