DoorDash employees aren't allowed to connect with future Instacart colleagues on LinkedIn before the deal closes.
DoorDash's $17 billion acquisition of Instacart has not closed. Until it does, DoorDash employees aren't allowed to connect with their future Instacart colleagues on LinkedIn.
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3 Sources, first seen ago
@FortuneMagazineDoorDash is spending $17 billion to acquire Instacart. But until the deal closes, its employees aren’t even allowed to connect with their future colleagues on LinkedIn. https://fortune.com/2026/11/04/doordash-instacart-linkedin-ban-employees-antitrust/
@HarryStebbingsThis is the only show you need to listen to in tech: - OpenAI Cuts Valuation to $1.25TRN - Public Market Meltdown: GOOG Loses $500BN in 12 Hours - DoorDash Buys Instacart for $17BN - Kalshi Raises $1BN and Cognition Eyes $80BN Valuation My notes with @jasonlk and @rodriscoll 1. Kalshi Have Departed the Social Good, They Are a Sports Gambling Market Kalshi started out as a prediction market with some social utility and has since become a sports gambling market growing like a weed. Sports betting is regulated state by state, and Kalshi is pushing through on a national basis, which is why Utah is suing. VCs will put a lot of money into what is working. 2. Why I Would Invest in Cognition at $80BN At $80B, Cognition looks market correct, and coding agents remain the one thing that never stops working. Cognition got lucky buying the Windsurf team and IP, but its momentum is too strong to sit out. With the fund up 5X on paper, the pitch is to put its last $2B into Cognition. 3. Why I Would Invest in Serval over Cognition and Baseten ServiceNow is an old guard with a sales-led CEO, while Serval has an amazing product and the best enterprise adoption Harry has seen. A 10X looks very likely at Serval, but far harder at Baseten at $30B or Cognition. The catch is Serval only raised $150M, so a fund that must deploy capital still has to do Cognition. 4. Where Is the Risk in the AI Trade Right Now? If AI demand is as strong as people think, every GPU and data center will be needed and CoreWeave's bonds will be money good. If demand falls short, the first to suffer will not be Google or Amazon with their big balance sheets, but companies like CoreWeave. 5. Why Large Foundation Model Companies Will Acquire in the Robotic Space Foundation model companies will either build or buy a robotics model. An LLM sells to the 81 million knowledge workers in the US, and a robotics foundation model lets the same company address physical workers too, doubling its TAM in the prospectus. That lure means there could well be acquisitions in the space. 6. Agents Are an Existential Risk to DoorDash DoorDash said AI agents sent only several hundred orders against 3 million deliveries a day, which Jason called a dumb comment. Agents can tell users which restaurants deliver themselves or offer pickup, cutting out platform fees. Rory counters that ordering dinner through an agent is not much easier than using the DoorDash app. 7. Why Pricing Pressure Hit Anthropic in Q3 Anthropic's GAAP revenue went from roughly $5B in Q1 to $11B in Q2 and $17B in Q3, so quarter-on-quarter growth fell from about 100% to about 50%, still 5X year-on-year. Jason puts the slowdown down to pricing pressure, with OpenAI selling somewhat equivalent products for 30% off, while demand on OpenRouter has not declined. (links in comments)
@TheEconomistThe proposed merger shows the danger that delivery startups face https://www.economist.com/business/2026/11/05/can-a-doordash-instacart-fusion-stand-up-to-amazon-and-walmart?taid=6aeca48693ecc90001e9fbe8&utm_campaign=trueanthem&utm_medium=social&utm_source=twitter@FortuneMagazineDoorDash is spending $17 billion to acquire Instacart. But until the deal closes, its employees aren’t even allowed to connect with their future colleagues on LinkedIn. https://fortune.com/2026/11/04/doordash-instacart-linkedin-ban-employees-antitrust/@HarryStebbingsThis is the only show you need to listen to in tech: - OpenAI Cuts Valuation to $1.25TRN - Public Market Meltdown: GOOG Loses $500BN in 12 Hours - DoorDash Buys Instacart for $17BN - Kalshi Raises $1BN and Cognition Eyes $80BN Valuation My notes with @jasonlk and @rodriscoll 1. Kalshi Have Departed the Social Good, They Are a Sports Gambling Market Kalshi started out as a prediction market with some social utility and has since become a sports gambling market growing like a weed. Sports betting is regulated state by state, and Kalshi is pushing through on a national basis, which is why Utah is suing. VCs will put a lot of money into what is working. 2. Why I Would Invest in Cognition at $80BN At $80B, Cognition looks market correct, and coding agents remain the one thing that never stops working. Cognition got lucky buying the Windsurf team and IP, but its momentum is too strong to sit out. With the fund up 5X on paper, the pitch is to put its last $2B into Cognition. 3. Why I Would Invest in Serval over Cognition and Baseten ServiceNow is an old guard with a sales-led CEO, while Serval has an amazing product and the best enterprise adoption Harry has seen. A 10X looks very likely at Serval, but far harder at Baseten at $30B or Cognition. The catch is Serval only raised $150M, so a fund that must deploy capital still has to do Cognition. 4. Where Is the Risk in the AI Trade Right Now? If AI demand is as strong as people think, every GPU and data center will be needed and CoreWeave's bonds will be money good. If demand falls short, the first to suffer will not be Google or Amazon with their big balance sheets, but companies like CoreWeave. 5. Why Large Foundation Model Companies Will Acquire in the Robotic Space Foundation model companies will either build or buy a robotics model. An LLM sells to the 81 million knowledge workers in the US, and a robotics foundation model lets the same company address physical workers too, doubling its TAM in the prospectus. That lure means there could well be acquisitions in the space. 6. Agents Are an Existential Risk to DoorDash DoorDash said AI agents sent only several hundred orders against 3 million deliveries a day, which Jason called a dumb comment. Agents can tell users which restaurants deliver themselves or offer pickup, cutting out platform fees. Rory counters that ordering dinner through an agent is not much easier than using the DoorDash app. 7. Why Pricing Pressure Hit Anthropic in Q3 Anthropic's GAAP revenue went from roughly $5B in Q1 to $11B in Q2 and $17B in Q3, so quarter-on-quarter growth fell from about 100% to about 50%, still 5X year-on-year. Jason puts the slowdown down to pricing pressure, with OpenAI selling somewhat equivalent products for 30% off, while demand on OpenRouter has not declined. (links in comments)@TheEconomistThe proposed merger shows the danger that delivery startups face https://www.economist.com/business/2026/11/05/can-a-doordash-instacart-fusion-stand-up-to-amazon-and-walmart?taid=6aeca48693ecc90001e9fbe8&utm_campaign=trueanthem&utm_medium=social&utm_source=twitter@FortuneMagazineDoorDash is spending $17 billion to acquire Instacart. But until the deal closes, its employees aren’t even allowed to connect with their future colleagues on LinkedIn. https://fortune.com/2026/11/04/doordash-instacart-linkedin-ban-employees-antitrust/@HarryStebbingsThis is the only show you need to listen to in tech: - OpenAI Cuts Valuation to $1.25TRN - Public Market Meltdown: GOOG Loses $500BN in 12 Hours - DoorDash Buys Instacart for $17BN - Kalshi Raises $1BN and Cognition Eyes $80BN Valuation My notes with @jasonlk and @rodriscoll 1. Kalshi Have Departed the Social Good, They Are a Sports Gambling Market Kalshi started out as a prediction market with some social utility and has since become a sports gambling market growing like a weed. Sports betting is regulated state by state, and Kalshi is pushing through on a national basis, which is why Utah is suing. VCs will put a lot of money into what is working. 2. Why I Would Invest in Cognition at $80BN At $80B, Cognition looks market correct, and coding agents remain the one thing that never stops working. Cognition got lucky buying the Windsurf team and IP, but its momentum is too strong to sit out. With the fund up 5X on paper, the pitch is to put its last $2B into Cognition. 3. Why I Would Invest in Serval over Cognition and Baseten ServiceNow is an old guard with a sales-led CEO, while Serval has an amazing product and the best enterprise adoption Harry has seen. A 10X looks very likely at Serval, but far harder at Baseten at $30B or Cognition. The catch is Serval only raised $150M, so a fund that must deploy capital still has to do Cognition. 4. Where Is the Risk in the AI Trade Right Now? If AI demand is as strong as people think, every GPU and data center will be needed and CoreWeave's bonds will be money good. If demand falls short, the first to suffer will not be Google or Amazon with their big balance sheets, but companies like CoreWeave. 5. Why Large Foundation Model Companies Will Acquire in the Robotic Space Foundation model companies will either build or buy a robotics model. An LLM sells to the 81 million knowledge workers in the US, and a robotics foundation model lets the same company address physical workers too, doubling its TAM in the prospectus. That lure means there could well be acquisitions in the space. 6. Agents Are an Existential Risk to DoorDash DoorDash said AI agents sent only several hundred orders against 3 million deliveries a day, which Jason called a dumb comment. Agents can tell users which restaurants deliver themselves or offer pickup, cutting out platform fees. Rory counters that ordering dinner through an agent is not much easier than using the DoorDash app. 7. Why Pricing Pressure Hit Anthropic in Q3 Anthropic's GAAP revenue went from roughly $5B in Q1 to $11B in Q2 and $17B in Q3, so quarter-on-quarter growth fell from about 100% to about 50%, still 5X year-on-year. Jason puts the slowdown down to pricing pressure, with OpenAI selling somewhat equivalent products for 30% off, while demand on OpenRouter has not declined. (links in comments)@TheEconomistThe proposed merger shows the danger that delivery startups face https://www.economist.com/business/2026/11/05/can-a-doordash-instacart-fusion-stand-up-to-amazon-and-walmart?taid=6aeca48693ecc90001e9fbe8&utm_campaign=trueanthem&utm_medium=social&utm_source=twitter@FortuneMagazineDoorDash is spending $17 billion to acquire Instacart. But until the deal closes, its employees aren’t even allowed to connect with their future colleagues on LinkedIn. https://fortune.com/2026/11/04/doordash-instacart-linkedin-ban-employees-antitrust/@HarryStebbingsThis is the only show you need to listen to in tech: - OpenAI Cuts Valuation to $1.25TRN - Public Market Meltdown: GOOG Loses $500BN in 12 Hours - DoorDash Buys Instacart for $17BN - Kalshi Raises $1BN and Cognition Eyes $80BN Valuation My notes with @jasonlk and @rodriscoll 1. Kalshi Have Departed the Social Good, They Are a Sports Gambling Market Kalshi started out as a prediction market with some social utility and has since become a sports gambling market growing like a weed. Sports betting is regulated state by state, and Kalshi is pushing through on a national basis, which is why Utah is suing. VCs will put a lot of money into what is working. 2. Why I Would Invest in Cognition at $80BN At $80B, Cognition looks market correct, and coding agents remain the one thing that never stops working. Cognition got lucky buying the Windsurf team and IP, but its momentum is too strong to sit out. With the fund up 5X on paper, the pitch is to put its last $2B into Cognition. 3. Why I Would Invest in Serval over Cognition and Baseten ServiceNow is an old guard with a sales-led CEO, while Serval has an amazing product and the best enterprise adoption Harry has seen. A 10X looks very likely at Serval, but far harder at Baseten at $30B or Cognition. The catch is Serval only raised $150M, so a fund that must deploy capital still has to do Cognition. 4. Where Is the Risk in the AI Trade Right Now? If AI demand is as strong as people think, every GPU and data center will be needed and CoreWeave's bonds will be money good. If demand falls short, the first to suffer will not be Google or Amazon with their big balance sheets, but companies like CoreWeave. 5. Why Large Foundation Model Companies Will Acquire in the Robotic Space Foundation model companies will either build or buy a robotics model. An LLM sells to the 81 million knowledge workers in the US, and a robotics foundation model lets the same company address physical workers too, doubling its TAM in the prospectus. That lure means there could well be acquisitions in the space. 6. Agents Are an Existential Risk to DoorDash DoorDash said AI agents sent only several hundred orders against 3 million deliveries a day, which Jason called a dumb comment. Agents can tell users which restaurants deliver themselves or offer pickup, cutting out platform fees. Rory counters that ordering dinner through an agent is not much easier than using the DoorDash app. 7. Why Pricing Pressure Hit Anthropic in Q3 Anthropic's GAAP revenue went from roughly $5B in Q1 to $11B in Q2 and $17B in Q3, so quarter-on-quarter growth fell from about 100% to about 50%, still 5X year-on-year. Jason puts the slowdown down to pricing pressure, with OpenAI selling somewhat equivalent products for 30% off, while demand on OpenRouter has not declined. (links in comments)@TheEconomistThe proposed merger shows the danger that delivery startups face https://www.economist.com/business/2026/11/05/can-a-doordash-instacart-fusion-stand-up-to-amazon-and-walmart?taid=6aeca48693ecc90001e9fbe8&utm_campaign=trueanthem&utm_medium=social&utm_source=twitter#10
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