Maintain Startup Urgency
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Instacart balances rapid growth with operational excellence through their company values and culture of urgency.
Core Company Values
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"Solve for the Customer" - #1 priority value
- All decisions must benefit paying customers first
- Creates foundation for marketplace success
- Enables job creation for shoppers and sales for retailers
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"Every Minute Counts" - represents hustle/urgency
- Focus on maximizing time efficiency
- Question if tasks can be done faster
- Critical for startups with limited resources
- Helps compete effectively against competitors
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"This is Your Baby" - ownership mindset
- Employees must fully own their work
- Put their name behind deliverables
- See projects through to completion
- Used as hiring criteria
Balancing Speed vs Quality
- Speed is important but secondary to customer experience
- Must maintain quality while moving quickly
- Can't risk ruining important customer moments
- Grocery delivery requires high accuracy first time
- No ability to "edit" mistakes after delivery
Growth Strategy
- Focused on rapid geographic expansion
- Quick expansion beyond San Francisco
- Targeted top 15-20 cities initially
- Extended into suburban areas
- Required significant capital investment
- Raised over $1B to fund growth
- Enabled coverage of more areas faster
- Built war chest to handle setbacks
- Goal: Become largest grocery delivery marketplace
- Need maximum coverage to achieve scale
- Must build supply and demand simultaneously
- Density critical in each geography
This framework emphasizes maintaining startup speed while ensuring operational excellence through clear values and priorities.
24:04 - 25:36
Full video: 31:10MM
Max Mullen
He co-founded Instacart, where he helps scale the company and lead our culture & employee experience teams. As an angel investor he's also backed the founders of over 75 companies including Checkr, Clubhouse, Deel, Lattice, Mercury, Newfront & Stord.