Instacart and Doordash deliver multi-billion dollar valuations (and we miss out)

Felt cute, won't delete later... Instacart and Doordash have never looked more attractive. In the corona-conomy, food essentials are everything and delivery is key. As the #1 market leaders in grocery and restaurant delivery, Instacart and Doordash take the essential delivery cake.

• Coming in hot: And impeccably-timed. They're leveraging their moment of sexiness to raise big money. Investors think lockdown-life habits will stick, even as the economy reopens.
• Instacart just raised $225M, delivering itself a $13.7B valuation — big bump from its last one ($7.6B in 2018).
• DoorDash is close to sealing fresh funding that would value it at $15B (up from $13B in 2019).

Can I get a slice of that pie?... Negative. Over seven years ago, Instacart and Doordash started raising money from private investors for their adorable little startups. In 2020, they're still private and still fundraising, but their businesses have exploded:

• 57%: Instacart's share of the US online grocery market in April. That eclipses Walmart, which plunged to around a 25% thanks to Instacart's rise.
• 45%: DoorDash's share of the food delivery market in April, up from 35% in November. That #1 status is even more solid after Grubhub decided not to combine with Uber Eats.