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How I Built This with Guy Raz

Instacart: Apoorva Mehta

How I Built This with Guy Raz

Guy Raz | Wondery

Business

4.831.1K Ratings

🗓️ 10 April 2017

⏱️ 40 minutes

🧾️ Download transcript

Summary

App developer Apoorva Mehta almost gave up on being an entrepreneur until he figured out what he really wanted to do: find a hassle-free way to buy groceries. Five years after launch, the grocery delivery app Instacart is valued at $3 billion. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0

Hey, Prime Members, you can listen to how I built this early and ad-free on Amazon Music.

0:07.0

Download the app today.

0:09.0

New Year's is here, and with it brings the possibility of change.

0:13.0

As one behavioral scientist put it, first starts are really powerful.

0:17.0

So as you head into 2023, LifeKit is a great resource to help you plan your life and tackle changes, both big and small.

0:24.0

Listen to the LifeKit podcast from NPR.

0:27.0

I remember telling my investor my heart's not in it.

0:34.0

I felt just terrible.

0:36.0

I mean, this was likely the worst sort of a few weeks of my life.

0:40.0

And I remember I was sort of being myself at that point in time, just because I kept telling myself I should have known that I was in passionate about this.

0:50.0

I should have known this.

0:51.0

So, you know, how much money did they end up losing?

0:54.0

I think they lost the million dollars.

1:04.0

Brahman PR is how I built this.

1:06.0

A show about innovators, entrepreneurs, idealists, and stories behind the movements they built.

1:15.0

I'm Guy Razz, and on today's show, How a Poor Vometa went from couch surfing computer programmer to founding a billion-dollar company

1:23.0

that's changing the way we get our groceries.

1:34.0

So, if you ask me what it is I've learned about business from all the entrepreneurs we've had on the show,

1:40.0

the number one thing is there is a problem.

1:44.0

If it could be solved, the world will be better off.

1:47.0

And here is the proposed solution.

1:50.0

Throw in some hard work and lots of luck, and you've got a business.

...

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