Over the summer, Fidji Simo joined Instacart as its new CEO. She came to Instacart from Facebook, where she was head of the Facebook app. Instacart is currently valued at $39 billion, making it one of the most valuable startups in America. Due to COVID, Instacart’s sales quadrupled in 2020, though the company is now seeing sales slow down. In joining the company, Simo is the first person to take on the CEO role outside of founder Apoorva Mehta. She has big plans for her tenure at the company, including bringing the grocery delivery startup public.Â
