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No longer a conspiracy theory Instacart has been caught using Dynamic Pricing They are accessing personal data of users and then adjusting prices based on that data. If someone can afford to pay more for items, the prices increase “You may have heard of dynamic pricing. Well now Instacart... is accused of using this controversial practice to charge consumers wildly inconsistent prices on the same products. — This is infuriating. Food delivery service Instacart is being accused of charging different prices to different customers on the same grocery items without them knowing. Groundwork, it's a consumer advocacy group, Instacart says Instacart's pricing algorithm could lead to shoppers paying an extra $1,200 on groceries annually. Nearly three-quarters of grocery items it surveyed were sold at different price points. Instacart said the price differences were tests conducted by some retailers to learn what matters most to consumers. It denied using shoppers' personal information to fuel dynamic or customized pricing.”show more

Wall Street Apes

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418,470 просмотров • 7 месяцев назад •via X (Twitter)

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HUGE ‼️ After public pushback Instacart ends dynamic pricing! We are all making a difference! “Instacart is pulling the plug on AI setting different prices for different customers — Effective immediately, Instacart is ending all item price tests on our platform” “The fact that they caved so quickly says to me that they know that they were doing something wrong.” “Think Tank Groundwork Collaborative found that Instacart's algorithmic pricing charged various prices for the same item from the same store. The prices varied by 7% on average, depending on the shopper, which could cost a family of four $4, $1,200 more per year. One example, according to the report, a dozen eggs added to virtual carts at the same time from one Washington, D.C. grocery store rang up at five different prices, ranging from $3.99 to $4.79.” “Instacart insists that this price testing was not dynamic pricing (which is a lie, it was proven to be dynamic pricing) — the FTC is now probing Instacart over these controversial practices.”

HUGE ‼️ After public pushback Instacart ends dynamic pricing! We are all making a difference! “Instacart is pulling the plug on AI setting different prices for different customers — Effective immediately, Instacart is ending all item price tests on our platform” “The fact that they caved so quickly says to me that they know that they were doing something wrong.” “Think Tank Groundwork Collaborative found that Instacart's algorithmic pricing charged various prices for the same item from the same store. The prices varied by 7% on average, depending on the shopper, which could cost a family of four $4, $1,200 more per year. One example, according to the report, a dozen eggs added to virtual carts at the same time from one Washington, D.C. grocery store rang up at five different prices, ranging from $3.99 to $4.79.” “Instacart insists that this price testing was not dynamic pricing (which is a lie, it was proven to be dynamic pricing) — the FTC is now probing Instacart over these controversial practices.”

Wall Street Apes

71,374 просмотров • 6 месяцев назад

This is how Instacart got exposed accessing your personal data to algorithmically adjust grocery store prices based on each person (dynamic pricing) The investigators at More Perfect Union say this is starting to happen everywhere and needs to be regulated “Five months of digging, what we found is bigger than Instacart. Yes, inflation is real, but something else has been pushing prices higher this whole time. There's a system, one that grocery stores and tech companies built together. It learns from every purchase. It's not just online, it's in the physical stores you walk into. With the primary goal, maximize profit. Here's how we uncovered it, how it's turning the grocery business into a gold mine, and why, without regulation, your grocery bill may keep climbing no matter what happens with inflation” The held an experiment with a bunch of people in a room, everyone ordered the same 20 items to the same address. Each one from their personal phone. The app Instacart gave everyone different prices After researching they found 3 different prices were available for everyday items like cereal, adjusted based on your data After being caught Instacart denied they were using dynamic pricing but announced they were no longer going to adjust prices based on data But that’s one company, this video goes into great detail showing it’s coming everywhere

This is how Instacart got exposed accessing your personal data to algorithmically adjust grocery store prices based on each person (dynamic pricing) The investigators at More Perfect Union say this is starting to happen everywhere and needs to be regulated “Five months of digging, what we found is bigger than Instacart. Yes, inflation is real, but something else has been pushing prices higher this whole time. There's a system, one that grocery stores and tech companies built together. It learns from every purchase. It's not just online, it's in the physical stores you walk into. With the primary goal, maximize profit. Here's how we uncovered it, how it's turning the grocery business into a gold mine, and why, without regulation, your grocery bill may keep climbing no matter what happens with inflation” The held an experiment with a bunch of people in a room, everyone ordered the same 20 items to the same address. Each one from their personal phone. The app Instacart gave everyone different prices After researching they found 3 different prices were available for everyday items like cereal, adjusted based on your data After being caught Instacart denied they were using dynamic pricing but announced they were no longer going to adjust prices based on data But that’s one company, this video goes into great detail showing it’s coming everywhere

Wall Street Apes

176,135 просмотров • 6 месяцев назад

I sent a letter to Instacart demanding answers about their use of algorithmic pricing and price experiments that led users to be charged different prices for the same products. New Yorkers deserve fair prices and clear disclosures about how their personal information is used.

I sent a letter to Instacart demanding answers about their use of algorithmic pricing and price experiments that led users to be charged different prices for the same products. New Yorkers deserve fair prices and clear disclosures about how their personal information is used.

NY AG James

44,621 просмотров • 6 месяцев назад

Are you still using Instacart? They’re building & buying AI tech (like Eversight) to run hidden backdoor price tests—putting shoppers in different “buckets” to figure out the absolute highest price you’re willing to pay for the same groceries. They claim prices come from grocery stores, but when asked (e.g., Target), stores say they don’t even partner with Instacart—they just use public prices + Instacart adds fees after buying rival Shipt for hundreds of millions. Instacart’s experiments led to identical items costing up to 23% more for some users, costing families hundreds extra yearly. At what point is convenience no longer worth the hidden gouging? Time to rethink the app? #Instacart #GroceryPrices #ConsumerRipoff

Are you still using Instacart? They’re building & buying AI tech (like Eversight) to run hidden backdoor price tests—putting shoppers in different “buckets” to figure out the absolute highest price you’re willing to pay for the same groceries. They claim prices come from grocery stores, but when asked (e.g., Target), stores say they don’t even partner with Instacart—they just use public prices + Instacart adds fees after buying rival Shipt for hundreds of millions. Instacart’s experiments led to identical items costing up to 23% more for some users, costing families hundreds extra yearly. At what point is convenience no longer worth the hidden gouging? Time to rethink the app? #Instacart #GroceryPrices #ConsumerRipoff

Anttsinc

12,512 просмотров • 4 месяцев назад

“Surge Pricing” in American grocery stores has arrived Kroger partnered with Microsoft to introduce AI-powered technologies for personalized pricing “Kroger just rolled out surge pricing using facial recognition technology: - Determine the maximum price of goods customers are willing to pay - Kroger has the ability to change the prices of their products depending on the facial image of the person buying them - Depending on the image of the person buying the product, they can access our information and dictate that price - Can also use our image to determine how often we buy certain products and increase the price of that product - Dynamic pricing in grocery stores could resemble the airline industry's ticket pricing strategies “This could lead to discriminatory practices using AI as a scapegoat to charge people of different races, different socioeconomic status, different family sizes, and different dietary restrictions different prices for the same products that they are buying” (Kroger, the largest grocery chain in the U.S., denied claims that ESLs would be used for surge pricing, insisting its pricing strategy aims to lower costs for consumers. "To be clear, Kroger does not and has never engaged in 'surge pricing.' Any test of electronic shelf tags is designed to lower prices for more customers where it matters most”) … Yeah right

“Surge Pricing” in American grocery stores has arrived Kroger partnered with Microsoft to introduce AI-powered technologies for personalized pricing “Kroger just rolled out surge pricing using facial recognition technology: - Determine the maximum price of goods customers are willing to pay - Kroger has the ability to change the prices of their products depending on the facial image of the person buying them - Depending on the image of the person buying the product, they can access our information and dictate that price - Can also use our image to determine how often we buy certain products and increase the price of that product - Dynamic pricing in grocery stores could resemble the airline industry's ticket pricing strategies “This could lead to discriminatory practices using AI as a scapegoat to charge people of different races, different socioeconomic status, different family sizes, and different dietary restrictions different prices for the same products that they are buying” (Kroger, the largest grocery chain in the U.S., denied claims that ESLs would be used for surge pricing, insisting its pricing strategy aims to lower costs for consumers. "To be clear, Kroger does not and has never engaged in 'surge pricing.' Any test of electronic shelf tags is designed to lower prices for more customers where it matters most”) … Yeah right

Wall Street Apes

688,738 просмотров • 1 год назад

EXCLUSIVE: We uncovered a secret corporate scheme to raise grocery prices. We found that Instacart is using AI algorithms to charge customers different prices for the same items. The scary part? It's not just online. It's in physical grocery stores too. Our months-long investigation with Consumer Reports and Groundwork Collaborative found it could cost families $1200/year.

EXCLUSIVE: We uncovered a secret corporate scheme to raise grocery prices. We found that Instacart is using AI algorithms to charge customers different prices for the same items. The scary part? It's not just online. It's in physical grocery stores too. Our months-long investigation with Consumer Reports and Groundwork Collaborative found it could cost families $1200/year.

More Perfect Union

4,028,809 просмотров • 7 месяцев назад

No longer a ‘conspiracy theory’ Online retailers are accessing your data and then adjusting prices for items based on that data Airlines are being caught adjusting prices based on data too “This holiday season, you and your neighbor could be shopping for the exact same item and pay different prices — surveillance pricing is and how your personal data plays a role. You may be shopping for gifts from the comfort of your couch, but stores can still see who you are. Most of these companies are charging you a different price based on some data they have about you. It could be your location, it could be your proximity to the store, it could be your shopping history, knowing that you bought a product previously and are willing pay for it again.” “Consumer watchdog president Jamie Court says surveillance pricing is nearly impossible to avoid — Court says his organization has evidence all the major retailers use personal algorithms to nudge a price up or down, targeting data from your Amazon cart, Uber rides, or even the brand of laptop you're using to shop” “For those traveling for the holidays. Airlines will charge you a different price depending upon how many times you go to the website. “Currently, there is no federal regulation for companies that use surveillance pricing. We reached out to the FTC”

Wall Street Apes

518,986 просмотров • 6 месяцев назад

They got caught. They’re backing down. But this isn’t over. There needs to be a class action lawsuit. Instacart admitted it was using AI to charge different people different prices for the exact same items. Algorithmic price gouging. That scam could cost a family of four $1,200 more a year.

They got caught. They’re backing down. But this isn’t over. There needs to be a class action lawsuit. Instacart admitted it was using AI to charge different people different prices for the exact same items. Algorithmic price gouging. That scam could cost a family of four $1,200 more a year.

Christopher Webb

303,415 просмотров • 6 месяцев назад

🚨 American was buying food on Uber Eats and the app says “This price was set by an algorithm using your personal data” A law in New York now requires companies to disclose Dynamic Pricing. Uber Eats is using algorithms to charge people more based on their data “Charging someone more or less for food based on their data is absolutely sick. Like, I am so appalled that this is where we are as a society.” New York’s Algorithmic Pricing Disclosure Act, a first-of-its-kind consumer protection law that took effect on November 10, 2025. This law mandates that any business operating in New York (including apps like Uber Eats) must prominently notify users when prices for goods or services are dynamically adjusted using algorithms that incorporate personal data specific to the consumer Personalized algorithmic pricing (also called surveillance pricing), is where algorithms analyze individual user data to tailor prices

🚨 American was buying food on Uber Eats and the app says “This price was set by an algorithm using your personal data” A law in New York now requires companies to disclose Dynamic Pricing. Uber Eats is using algorithms to charge people more based on their data “Charging someone more or less for food based on their data is absolutely sick. Like, I am so appalled that this is where we are as a society.” New York’s Algorithmic Pricing Disclosure Act, a first-of-its-kind consumer protection law that took effect on November 10, 2025. This law mandates that any business operating in New York (including apps like Uber Eats) must prominently notify users when prices for goods or services are dynamically adjusted using algorithms that incorporate personal data specific to the consumer Personalized algorithmic pricing (also called surveillance pricing), is where algorithms analyze individual user data to tailor prices

Wall Street Apes

258,036 просмотров • 8 месяцев назад

Surveillance Pricing is happening in America More complaints about American’s data being collected and then charging them different prices based on that data One American saw a $230 price increase on her JetBlue airline ticket the next day after making a social media post saying “I love JetBlue” That data was collected and the price skyrocketed “The airline responded saying, try clearing your cash and cookies, or booking with an incognito window. Critics were quick to claim JetBlue was using what's known as surveillance pricing — Many implied that JetBlue's Tweet was telling the traveler he could get a lower price if he erased the data JetBlue had received about him through his online searches.” “Every day our phones and devices collect massive amounts of personal data on us, and now businesses may be using this trove of personal information to charge each of us a different price for the exact same product or service — experts say surveillance pricing is still being used by ride share apps, major grocery retailers, and even pharmacies” This isn’t a conspiracy theory, this is actually happening The problem is so prevalent that multiple states are considering banning the practice

Surveillance Pricing is happening in America More complaints about American’s data being collected and then charging them different prices based on that data One American saw a $230 price increase on her JetBlue airline ticket the next day after making a social media post saying “I love JetBlue” That data was collected and the price skyrocketed “The airline responded saying, try clearing your cash and cookies, or booking with an incognito window. Critics were quick to claim JetBlue was using what's known as surveillance pricing — Many implied that JetBlue's Tweet was telling the traveler he could get a lower price if he erased the data JetBlue had received about him through his online searches.” “Every day our phones and devices collect massive amounts of personal data on us, and now businesses may be using this trove of personal information to charge each of us a different price for the exact same product or service — experts say surveillance pricing is still being used by ride share apps, major grocery retailers, and even pharmacies” This isn’t a conspiracy theory, this is actually happening The problem is so prevalent that multiple states are considering banning the practice

Wall Street Apes

42,316 просмотров • 2 месяцев назад

Michigan Senator Mallory McMorrow reveals companies are using dynamic algorithmic pricing to charge Americans more based on your data She says this is even being used to increase rents - A $240 flight to Florida increased to $423 because you looked twice - Uber pricing doubled because phone battery was below 20% “Usually it's about 18 bucks, but oh, the app knows that your phone battery is low, so it's double the price. Companies are using algorithmic pricing tools to study your personal data and charge you exactly what they think you'll pay. This is called surveillance pricing, and it means that companies can charge you completely different prices for the exact same thing, and it's not just happening to consumers. Some companies are now using similar algorithms to track workers and decide their wages, hours, and schedules, even their locations — My plan bans companies from setting personalized prices based on your data — It protects all workers, including gig workers and contractors from algorithmic wage discrimination, and it cracks down on companies using these systems to coordinate things like higher rents and insurance premiums, because the economy shouldn't be a rigged game.”

Michigan Senator Mallory McMorrow reveals companies are using dynamic algorithmic pricing to charge Americans more based on your data She says this is even being used to increase rents - A $240 flight to Florida increased to $423 because you looked twice - Uber pricing doubled because phone battery was below 20% “Usually it's about 18 bucks, but oh, the app knows that your phone battery is low, so it's double the price. Companies are using algorithmic pricing tools to study your personal data and charge you exactly what they think you'll pay. This is called surveillance pricing, and it means that companies can charge you completely different prices for the exact same thing, and it's not just happening to consumers. Some companies are now using similar algorithms to track workers and decide their wages, hours, and schedules, even their locations — My plan bans companies from setting personalized prices based on your data — It protects all workers, including gig workers and contractors from algorithmic wage discrimination, and it cracks down on companies using these systems to coordinate things like higher rents and insurance premiums, because the economy shouldn't be a rigged game.”

Wall Street Apes

428,868 просмотров • 3 месяцев назад

According to one customer, people are damaging the digital pricing labels at his grocery store. Despite outcry from consumers across the country, multiple giant supermarket chains are implementing digital price labels and dynamic pricing strategies where the cost of items fluctuate frequently based on multiple factors. Walmart, the country's largest grocer, hopes to have digital price labels at 2,300 U.S. stores by 2026. Kroger is expanding the use of digital labels this year after testing them at 20 stores. Whole Foods is testing the labels in nearly 50 stores. Customers worry these digital labels will let companies raise prices at a moment's notice, making greater profits off essential items at the grocery store.

According to one customer, people are damaging the digital pricing labels at his grocery store. Despite outcry from consumers across the country, multiple giant supermarket chains are implementing digital price labels and dynamic pricing strategies where the cost of items fluctuate frequently based on multiple factors. Walmart, the country's largest grocer, hopes to have digital price labels at 2,300 U.S. stores by 2026. Kroger is expanding the use of digital labels this year after testing them at 20 stores. Whole Foods is testing the labels in nearly 50 stores. Customers worry these digital labels will let companies raise prices at a moment's notice, making greater profits off essential items at the grocery store.

More Perfect Union

572,969 просмотров • 1 год назад

KFC App caught using dynamic pricing KFC initially gives you a lower price, then right when you’re going to checkout it offers a promo It’s a June Promo for free delivery. Well the order was over $30, so you click it. It makes you re-add the cart to get the promo. But now everything is more expensive That order that was $30 now costs you over $40 This is a form of of dynamic or what’s known as “stealth pricing” The “free delivery” bait gets you to the threshold, but the overall cost rises due to inflated item prices This is a scam (Proof shown in video)

KFC App caught using dynamic pricing KFC initially gives you a lower price, then right when you’re going to checkout it offers a promo It’s a June Promo for free delivery. Well the order was over $30, so you click it. It makes you re-add the cart to get the promo. But now everything is more expensive That order that was $30 now costs you over $40 This is a form of of dynamic or what’s known as “stealth pricing” The “free delivery” bait gets you to the threshold, but the overall cost rises due to inflated item prices This is a scam (Proof shown in video)

Wall Street Apes

185,863 просмотров • 1 месяц назад

🚨 THEY’RE PINGING YOUR PHONE TO CHANGE PRICES IN REAL TIME Major retailers are quietly testing AI-driven dynamic pricing with tech that reads your location, data, and proximity to the store before deciding what you pay. Every ping from your phone ... GPS, Bluetooth, Wi-Fi, app activity, all of it feeds an algorithm that decides your “value.” The closer you get, the higher it goes. They call it personalized pricing. You’d call it being tracked and charged for who the system thinks you are. Same item. Different people. Different prices. So when your total jumps the second you walk in - is that inflation, or surveillance disguised as a sale?

🚨 THEY’RE PINGING YOUR PHONE TO CHANGE PRICES IN REAL TIME Major retailers are quietly testing AI-driven dynamic pricing with tech that reads your location, data, and proximity to the store before deciding what you pay. Every ping from your phone ... GPS, Bluetooth, Wi-Fi, app activity, all of it feeds an algorithm that decides your “value.” The closer you get, the higher it goes. They call it personalized pricing. You’d call it being tracked and charged for who the system thinks you are. Same item. Different people. Different prices. So when your total jumps the second you walk in - is that inflation, or surveillance disguised as a sale?

HustleBitch

76,229 просмотров • 8 месяцев назад

This woman shares her experience with Walmart’s digital price tags and how they appear to be using something called dynamic pricing. Dynamic pricing is when companies adjust prices in real time based on demand or other factors. She found a pair of shoes marked down to just $3 on clearance. When she scanned the tag in the shoe aisle, it showed $3. But by the time she reached the register, the same shoes scanned for nearly $19. When she went back with a manager to check, the price seemed to change depending on where she was standing in the store. It’s raising some questions about how transparent this kind of pricing really is — especially for people trying to stick to a budget. Have you ever had a price change on you while shopping, either in-store or online?

This woman shares her experience with Walmart’s digital price tags and how they appear to be using something called dynamic pricing. Dynamic pricing is when companies adjust prices in real time based on demand or other factors. She found a pair of shoes marked down to just $3 on clearance. When she scanned the tag in the shoe aisle, it showed $3. But by the time she reached the register, the same shoes scanned for nearly $19. When she went back with a manager to check, the price seemed to change depending on where she was standing in the store. It’s raising some questions about how transparent this kind of pricing really is — especially for people trying to stick to a budget. Have you ever had a price change on you while shopping, either in-store or online?

End3of6Days9 (Helen) 🇺🇸

48,444 просмотров • 1 месяц назад

United Airlines is using dynamic pricing This plane ticket says it’s $752. Once you out in the travelers information it says “Based on traveler information provided, the price of your ticket has changed” The price went from $752.20 -> $1,156.20 United see the trackers age was older so automatically drastically increased the ticket price Airlines started holding ‘separate fare buckets’ for different passenger categories. So now for the same seat, you can be sorted into age categories and have your price go up based on what United Airlines says their inventory is for each seat category This is dynamic pricing adjustments It’s only going to get worse if we let this continue

United Airlines is using dynamic pricing This plane ticket says it’s $752. Once you out in the travelers information it says “Based on traveler information provided, the price of your ticket has changed” The price went from $752.20 -> $1,156.20 United see the trackers age was older so automatically drastically increased the ticket price Airlines started holding ‘separate fare buckets’ for different passenger categories. So now for the same seat, you can be sorted into age categories and have your price go up based on what United Airlines says their inventory is for each seat category This is dynamic pricing adjustments It’s only going to get worse if we let this continue

Wall Street Apes

526,149 просмотров • 1 месяц назад

🚨 New digital pricing has come to American grocery stores He says that he’s seen the pricing change based on time of day and how many items are left, “They'll fluctuate based off of demand” - If it’s 6pm, the price goes up - Once the inventory on these items become low, the prices will start to shoot up to $1.20 “They're gonna start incorporating all these all over. Yeah, so it's pretty crazy. I'll come back later on in the day and you'll see this go up and down in price. You'll see it go as low as like 89 cents, which is pretty crazy” Welcome to dystopia

🚨 New digital pricing has come to American grocery stores He says that he’s seen the pricing change based on time of day and how many items are left, “They'll fluctuate based off of demand” - If it’s 6pm, the price goes up - Once the inventory on these items become low, the prices will start to shoot up to $1.20 “They're gonna start incorporating all these all over. Yeah, so it's pretty crazy. I'll come back later on in the day and you'll see this go up and down in price. You'll see it go as low as like 89 cents, which is pretty crazy” Welcome to dystopia

Wall Street Apes

1,113,096 просмотров • 1 год назад

🚨 MICHAEL’S STORES JUST QUIETLY REMOVED ALL PRICE TAGS - SHOPPERS CALL IT “DIABOLICAL DYNAMIC PRICING” A woman walked into Michael’s and realized NOTHING in the store has a price on it anymore. No stickers, no tags, no scanners, not even the app will tell you. Workers admitted: “Yeah… I don’t know why they’re doing that." Customers now only find out the price AFTER they get to the register. People are saying this is the beginning of full-blown dynamic pricing, where the store changes the price based on WHO you are and WHEN you shop. Shoppers are furious, saying they’re walking out empty-handed because they refuse to play “price roulette” at the checkout. Is this the future of shopping… or a straight-up scam being tested on Americans?

🚨 MICHAEL’S STORES JUST QUIETLY REMOVED ALL PRICE TAGS - SHOPPERS CALL IT “DIABOLICAL DYNAMIC PRICING” A woman walked into Michael’s and realized NOTHING in the store has a price on it anymore. No stickers, no tags, no scanners, not even the app will tell you. Workers admitted: “Yeah… I don’t know why they’re doing that." Customers now only find out the price AFTER they get to the register. People are saying this is the beginning of full-blown dynamic pricing, where the store changes the price based on WHO you are and WHEN you shop. Shoppers are furious, saying they’re walking out empty-handed because they refuse to play “price roulette” at the checkout. Is this the future of shopping… or a straight-up scam being tested on Americans?

HustleBitch

1,432,466 просмотров • 7 месяцев назад

Instacart founder Apoorva Mehta on doing things that don’t scale “Y Combinator encourages startups to do things that don’t scale. I find that this is one of the biggest competitive advantages that a startup has over a larger company… The idea is that once your product has demand, you can figure out how to scale your product.” Apoorva explains how in the early days of Instacart customers could place orders even if there weren’t shoppers online to fulfill those orders. “Of course, this meant that I would drop everything I was doing and fulfill the order myself.” They also ran into the issue that Trader Joe’s didn’t have an API or website with catalog of the items in the store. So the team literally went to their local Trader Joe’s, bought one of every single item, took it back to their office, photographed every single item, and manually entered it in the Instacart catalog. “Using the same unscalable techniques, we added Whole Foods, Costco and many other stores, and we realized we had the best product in the market.” Having the best product on the market allowed Instacart to quickly expand to 10 cities and maintain 10% week over week growth for 20 weeks. This traction would allow Instacart to raise more money, hire more people, and then make everything scalable. Video source: Y Combinator (2014)

Instacart founder Apoorva Mehta on doing things that don’t scale “Y Combinator encourages startups to do things that don’t scale. I find that this is one of the biggest competitive advantages that a startup has over a larger company… The idea is that once your product has demand, you can figure out how to scale your product.” Apoorva explains how in the early days of Instacart customers could place orders even if there weren’t shoppers online to fulfill those orders. “Of course, this meant that I would drop everything I was doing and fulfill the order myself.” They also ran into the issue that Trader Joe’s didn’t have an API or website with catalog of the items in the store. So the team literally went to their local Trader Joe’s, bought one of every single item, took it back to their office, photographed every single item, and manually entered it in the Instacart catalog. “Using the same unscalable techniques, we added Whole Foods, Costco and many other stores, and we realized we had the best product in the market.” Having the best product on the market allowed Instacart to quickly expand to 10 cities and maintain 10% week over week growth for 20 weeks. This traction would allow Instacart to raise more money, hire more people, and then make everything scalable. Video source: Y Combinator (2014)

Startup Archive

37,143 просмотров • 6 месяцев назад

I just went down this rabbit hole, and it's so fascinating. So apparently, airlines have been selling your data to competitors for years. Strange right? I know, hear me out... It's called dynamic pricing. Dynamic pricing is when a company charges you a price calculated specifically for you, based on what they know about you, rather than a fixed price everyone sees. Nobody called it surveillance. The mainstream take on dynamic pricing is that it's sinister and new. Corporations secretly watching, jacking up prices, exploiting desperation. That anger is mostly right. Dynamic pricing isn't a bug that crept into capitalism. It's the entire architecture of how information asymmetry becomes profit. Airlines have always charged different people different prices for the same seat. Hotels. Insurance companies. Actuarial profiling predates the internet. What changed isn't the behavior. It's the resolution. Your battery at 8% telling Uber you're stranded is a higher-resolution version of the taxi driver who saw you running in the rain and didn't turn the meter off. The new part is the precision. They know you searched the same flight six times. They know you're on a Mac. They know your zip code and how long you've been sitting on the page. Old dynamic pricing responded to demand. Surveillance pricing responds to you. The counterargument from the market side is real. Personalization can mean discounts. But companies optimizing for revenue will use behavioral data to find the ceiling, not the floor. What are your thoughts? Is this fair or pure greed from big corp? That's a wrap. Li is a gallery for the greatest minds in economics, psychology, and history. Follow if that interests you. We are ONE genius away. -- P.S. I'm building a course on how the world actually works. Not the surface story, but the incentive layer underneath it. Who funds what. Who benefits from what you believe? Why the official explanation is rarely the complete one. Comment "yes" if you're interested in something like this. Waitlist opens soon.

I just went down this rabbit hole, and it's so fascinating. So apparently, airlines have been selling your data to competitors for years. Strange right? I know, hear me out... It's called dynamic pricing. Dynamic pricing is when a company charges you a price calculated specifically for you, based on what they know about you, rather than a fixed price everyone sees. Nobody called it surveillance. The mainstream take on dynamic pricing is that it's sinister and new. Corporations secretly watching, jacking up prices, exploiting desperation. That anger is mostly right. Dynamic pricing isn't a bug that crept into capitalism. It's the entire architecture of how information asymmetry becomes profit. Airlines have always charged different people different prices for the same seat. Hotels. Insurance companies. Actuarial profiling predates the internet. What changed isn't the behavior. It's the resolution. Your battery at 8% telling Uber you're stranded is a higher-resolution version of the taxi driver who saw you running in the rain and didn't turn the meter off. The new part is the precision. They know you searched the same flight six times. They know you're on a Mac. They know your zip code and how long you've been sitting on the page. Old dynamic pricing responded to demand. Surveillance pricing responds to you. The counterargument from the market side is real. Personalization can mean discounts. But companies optimizing for revenue will use behavioral data to find the ceiling, not the floor. What are your thoughts? Is this fair or pure greed from big corp? That's a wrap. Li is a gallery for the greatest minds in economics, psychology, and history. Follow if that interests you. We are ONE genius away. -- P.S. I'm building a course on how the world actually works. Not the surface story, but the incentive layer underneath it. Who funds what. Who benefits from what you believe? Why the official explanation is rarely the complete one. Comment "yes" if you're interested in something like this. Waitlist opens soon.

GeniusThinking

38,698 просмотров • 3 месяцев назад