Equity podcast: Uber’s losing billions, Amazon lays off hundreds and somehow Instacart gets more money

Welcome to “Equity,” TechCrunch’s venture capital and tech business podcast. On this week, we were joined by Mike Ghaffary from Social Capital,who was the perfect guest because he used to run Eat24, when it was Yelp’s food delivery business. Food delivery is highly relevant to this week’s news. First up, we talked about Uber, which is …

Instacart has raised another $200M at a $4.2B valuation

Despite plenty of uncertainty swirling around Instacart  and its complex relationship with Whole Foods — now owned by Amazon — investors still seem to not be too worried, and are pouring a fresh big round of financing into the startup that values it at $4.2 billion. Instacart said it raised $200 million in a new funding round …