Instacart just hired top Goldman Sachs tech banker Nick Giovanni as CFO as the grocery-delivery giant gears up to go public

SourceBusiness Insider
SectorFinancial Services
CountryMiddle east

Giovanni, who worked at Goldman Sachs for 20 years, was most recently the bank's head of Global Technology, Media and Telecom Group. Instacart Instacart tapped Nick Giovanni, former Goldman Sachs head of the Global Technology, Media and Telecom Group, to be its CFO. At the bank, Giovanni advised several other tech companies like Airbnb, DoorDash, and Yelp. In November, the online grocery delivery platform picked Goldman Sachs to lead its IPO, which could come in 2021 and value the gig-work firm around $30 billion. Visit Business Insider's homepage for more stories. Instacart, the online grocery delivery company, has hired Goldman Sachs veteran Nick Giovanni to be chief financial officer, starting Jan. 27, the company said in a Thursday press release. Giovanni "has served as a trusted advisor to Instacart," said the company, which plans to launch an initial public offering this year. In his new role at Instacart, he will oversee accounting, finance, and corporate development. He will replace current CFO Sagar Sanghvi. Read more: 2 of Goldman Sachs' top tech more...