<ul class="summary-list"><li>Instacart workers are set to strike on Monday, <a href="https://www.businessinsider.com/coronavirus-instacart-workers-plan-strike-demand-hazard-pay-safety-gear-2020-3">demanding provisions like hazard pay and safety equipment as they face risks from the coronavirus</a>.</li><li>The grocery-company met some of their demands, like providing hand sanitizer, but requests for hazard pay of an additional $5 per order went unaddressed.</li><li>Workers said that the company's response and failure to meet all of their demands is "insulting" and "a sick joke." </li><li>But, they said that Instacart's movement on the demand for safety equipment "shows that a strike will work to change their behavior." </li><li><a href="https://www.businessinsider.com/?hprecirc-bullet">Visit Business Insider's homepage for more stories</a>.</li></ul>Instacart workers are calling the grocery-delivery company's response to their strike "insulting" and "a sick joke" as the company moves to meet some of their demands but leaves others unaddressed. The workers are <a href="https://www.businessinsider.com/coronavirus-instacart-workers-plan-strike-demand-hazard-pay-safety-gear-2020-3">set to strike on Monday and demanded provisions like hazard pay of an additional $5 per order</a>, an automatic 10% tip, and safety equipment like hand sanitizer as they manage the risks from the coronavirus. The company <a href="https://www.prnewswire.com/news-releases/instacart-announces-new-health--safety-supplies-for-shopper-community-301031382.html">said on Sunday</a> that it would provide hand sanitizer to workers within a week, and that it would use customers' last tip as the default on new orders. Instacart said last week that it would offer a $25 to $200 bonus for workers dependent on their hours worked between March 15 and April 15, but did not commit to a per-order bonus. Workers said the company's response is "simply... not enough" and "insulting for a number of reasons." Instacart's failure to address hazard pay "went completely unaddressed," workers said in a <a href="https://medium.com/@GigWorkersCollective/instacarts-response-is-a-sick-joke-the-strike-is-still-on-2aa4f5e4e726">Medium post</a> responding to the company, saying that the average order pays "well under $10." "Workers should not be risking their lives for pocket change," the workers, called "Instacart Shoppers" internally, said in the statement. They said that "setting the tip amount to whatever a customer had previously tipped is ridiculous, because most previous customers would have tipped a different (lesser) amount back when things were more normal," workers said. "This will, in all likelihood, provide no meaningful benefit to Shoppers." Instacart did not immediately respond to a request for comment on Monday. The strike comes as Instacart <a href="https://www.businessinsider.com/instacart-to-add-300000-shoppers-as-online-grocery-delivery-surges-2020-3">seeks to hire 300,000 additional workers to deliver groceries</a> to people during the coronavirus epidemic. "The last few weeks have been the busiest in Instacart's history," Instacart CEO Apoorva Mehta said in a <a href="https://news.instacart.com/expanding-our-community-of-household-heroes-a-thank-you-from-apoorva-mehta-instacart-ceo-3e596b5d05a9">blog post</a> on Monday announcing the hirings.Other companies like <a href="https://www.businessinsider.com/coronavirus-changes-walmart-starbucks-employee-benefits-2020-3#target-11">Target, Starbucks, and Trader Joe's have adjusted worker pay and paid-leave policies</a> as companies and employees deal with the fallout from the coronavirus. The workers were also unsatisfied with the company's move to provide hand sanitizer in a week, and said that workers have been asking for it for "many, many weeks." "Where was this before?" they said. "It's abhorrent that it took this long for them to act, but on the bright side, it shows that a strike will work to change their behavior." Do you have a personal experience with the coronavirus you'd like to share? Or a tip on how your town or community is handling the pandemic? Please email <a href="mailto:covidtips@businessinsider.com">covidtips@businessinsider.com</a> and tell us your story.And get the latest <a href="/coronavirus-covid19">coronavirus analysis and research</a> from Business Insider Intelligence on how COVID-19 is impacting businesses.

'A sick joke': Instacart workers are planning to strike Monday after calling the company's response to their demands 'insulting'

<div class="KonaFilter image-container display-table"><div><div class="image on-image"></div></div></div><ul class="summary-list"><li><a href="https://www.businessinsider.com/category/instacart">Instacart</a>, a grocery delivery company that relies on contract workers called "shoppers" to pick out and transport items to customers, announced at the beginning of November that it would be rolling out a new payment structure for those shoppers. The changes will be put into effect across the United States by the end of the year. &#xa0;</li><li><a href="https://www.reddit.com/r/InstacartShoppers/">Hundreds of shoppers</a> are now complaining online that the changes have resulted in cuts to their earnings. Many are also calling for a boycott of the company.</li><li>An Instacart executive told Business Insider that shoppers' average earnings have stayed the same even after the change in structure.</li><li>Instacart has come under scrutiny for its payment structure and tipping system in the past.&#xa0;</li></ul>In November, Instacart quietly slashed its delivery and membership rates in a bid to woo customers and compete with Amazon, Business Insider <a href="https://www.businessinsider.com/instacart-cheaper-than-amazon-whole-foods-delivery-2018-11">reported last week.</a>&#xa0;While the news was welcomed by its customers, many in the company's army of shoppers - the employees who pick out and deliver groceries to customers - say that these price cuts have come at their expense.Hundreds of the 70,000 shoppers whom Instacart employs on a contract basis <a href="https://twitter.com/NoMoreInsta/status/1069444364399570946">have taken</a> to <a href="https://twitter.com/white_shirt/status/1069401345700941824">social media</a> and <a href="https://www.reddit.com/r/InstacartShoppers/">Reddit</a> forums to say that they plan to boycott the company as it has rolled out a new payment structure in some areas of the United States over the last month.This structure will be rolled out to the <a href="https://medium.com/shopper-news/redesigning-the-shopper-experience-for-more-choice-and-clarity-5a5a0862efd5">rest of the country by the end of the year, Instacart said</a> in a blog post announcing the changes on November 8.&#xa0;Business Insider spoke to six Instacart shoppers and found numerous Reddit and Facebook commenters who said that under the new payment structure - dubbed "the Boulder model" because it was first trialed in Boulder, Colorado - their earnings have been cut significantly."Their main directive is to pay us as little as possible," Matthew Telles, who has worked as an Instacart shopper since 2015, told Business Insider. "They really do not care about us at all."Telles published a <a href="https://medium.com/@matthewtelles/apoorva-mehta-instacart-et-al-ee3f5ec9262a">fiery blog post</a> directed at Instacart's CEO&#xa0;Apoorva Mehta on November 24, calling for the company to adjust the way it pays shoppers.&#xa0;Instacart said it launched the new payment structure in order to make the process more transparent for its shoppers. Unlike before, shoppers can now see a preview of the items requested, how far they would need to travel to deliver the order, and exactly how much they would be paid for the job. This gives them the chance to see exactly what they would be receiving before they accept or reject the work."We are very upfront about the precise details of the batch to give the best possible view to a shopper before they are committing to doing anything," David Hahn, chief product officer at Instacart, told Business Insider on Monday.&#xa0;However, the fees have also changed. Under the previous system, shoppers were paid a flat delivery fee - which varied by region - in addition to $0.40 per item shopped and the customer's tip.&#xa0;Under the new system, the flat delivery fee has been removed and replaced with a "Batch Incentive" fee, which varies by order and is determined by the order's number of units, the type of items, the overall weight of the order, the trip length, and the location. Shoppers also receive a $0.60 per mile commission. The total amount that Instacart pays shoppers is now called the "Batch Payment.""Before, we were treating all batches the same way, and shoppers were saying, 'That doesn't seem right, that's not always aligning the pay with the effort,'" Hahn said. "We have now tried to incorporate all these different inputs into that overall batch pricing."<div class="KonaFilter image-container display-table"><div><div class="image on-image"></div></div></div>But shoppers say the Batch Payment fee is typically low - sometimes as low as $1 or $2 - and that it seems very random to them.&#xa0;Read more: <a href="https://www.businessinsider.com/instacart-cheaper-than-amazon-whole-foods-delivery-2018-11">It's now cheaper to order Whole Foods delivery on Instacart than on Amazon</a>Hahn said the fee may seem more random because more factors are being taken into consideration to determine it.&#xa0;"Now that we are taking all these inputs into the batch, there are more variants in the batch price than there was in the old system," he said.Mark Johnson, who has been an Instacart shopper in the Seattle area for 14 months, said that the new system has had the biggest impact on shoppers delivering large orders, especially from warehouse stores such as Costco. Previously, shoppers would be given set bonuses that could be anywhere between $2 and $8 for these bigger deliveries, depending on the area.&#xa0;"While a bonus for heavy deliveries is meant to be factored into the new incentive fee, it is not always consistent," Johnson said. "I've seen crazy jobs of 30 to 50 items for $10 or $15. Before, we were making twice as much."Hahn said that tracking the weight of the items has created some issues. Instacart is in the process of adding the weights of all the products that they deliver to the system, which is why shoppers might see some discrepancies.This is something that the company is working to improve, he said, adding, "This is going to be a continuous process. We are not perfect."But the biggest complaint among unhappy shoppers is in how they say the customer's tip is being presented in shoppers' overall payment.&#xa0;Instacart has set a $10 earnings minimum on every job. This number is made up by what Instacart pays the shopper - the Batch Payment - and what the customer tips. Several shoppers said it seems that what Instacart actually pays out is dependent on the size of the customer's tip, which, they said, can result in them earning less than they might have before.&#xa0;"They are subsidizing what they are paying me with the customer's tip," Instacart shopper Andrew P. told Business Insider. Several of these shoppers requested to keep their full names private in order to avoid publicity for speaking with Business Insider.&#xa0;"It's unfair. The company is basically taking advantage of the customer's tip," Sheila V., who has been a shopper in the Fresno area since May, said.&#xa0;These shoppers claimed that for example, if a customer tips $4, Instacart will pay out the remaining $6 in order to reach the $10 minimum. If the customer tips $6, Instacart pays $4.&#xa0;Hahn denied that this is how Instacart determines how much it pays shoppers and said that that amount is not related to the amount that the customer decides to tip. However, if the customer does not tip - or tips a low amount - Instacart will add extra to ensure the shopper makes a minimum of $10.&#xa0;"We wanted to make sure, especially if those numbers were going to add up to be less than $10, that we went further and we added more to that Batch Incentive," he said."It is something that we did to benefit shoppers. Instacart is then stepping in to make up that difference when a customer has chosen to zero off the tip."<div class="KonaFilter image-container display-table"><div><div class="image on-image"></div></div></div>Some shoppers are urging customers to add the tip on the app once delivery is complete, so that they can receive it as an added bonus after they are paid by Instacart.&#xa0;This isn't the first time that Instacart has come under scrutiny for its payment and tipping structure. In <a href="https://www.recode.net/2017/2/20/14503128/instacart-service-fee-tips-controversy">2016</a>, it removed tips and replaced them with a service fee, which went directly to the company. The tips were later reinstated, but shoppers said they were too hard for customers to find in the app. Then, it 2017, Instacart admitted to accidentally <a href="https://www.recode.net/2017/2/20/14503128/instacart-service-fee-tips-controversy">withholding tips from shoppers</a>.<h2>Turning down work has repercussions</h2><div class="KonaFilter image-container display-table"><div><div class="image on-image"></div></div></div>The increased number of jobs with relatively low fees has meant that many shoppers are rejecting work that comes up on the app.&#xa0;Andrew P., who has been a shopper since February, said that up until these changes were put in place, he hadn't rejected a single job. He said that since the changes were made in his market on November 19, he has turned down six in two weeks.&#xa0;Aside from working less, shoppers run the risk of losing their job altogether by turning down work, they say.&#xa0;If shoppers reject four jobs in a row, they are tagged as "idle" on the app. If they don't log in for 30 minutes after that, they are unable to work for the rest of the day and are marked down for a "reliability incident." If shoppers accumulate five reliability incidents, they are moved to "day before access" for pick-up hours. This means that instead of signing up for hours on a weekly basis, they are only able to pick up hours a day ahead of time, a spokesperson for the company confirmed to Business Insider."They only have so many hours. Lose early access, and you may never get it back, or it could take months," Telles said.&#xa0;<h2>Customers complain of delays&#xa0; </h2>The payment changes may be having a domino effect for customers, many of whom are reporting delays online.Shoppers say this is because some of them are now rejecting more jobs that don't make financial sense. Other shoppers say they are even looking to work elsewhere.&#xa0;And it doesn't look like these shoppers are going to stand down anytime soon.&#xa0;"I love doing this and helping these customers, but the morale has been so terrible that everyone is jumping ship," Debi L., who has been an Instacart shopper since July 2017, said.<a href="https://www.businessinsider.com/intelligence/future-of-retail-ai?IR=T&amp;utm_source=businessinsider&amp;utm_medium=ctgr&amp;utm_term=ctgr_leadgen&amp;utm_content=ecommerce_ctgr_leadgen&amp;utm_campaign=ecommerce_ctgr_leadgen_future-of-retail-ai"></a><div></div><div></div><div></div><div></div><div></div><div></div><div></div><div></div><div></div> <div class="margin-top"> <h3>NOW WATCH: <a href="https://www.businessinsider.com/tried-blue-apron-cooking-for-the-week-2018-11">I cooked nothing but Blue Apron for a week and it was a roller coaster of emotions - here's why I won't be using the meal kit service anymore</a></h3> <div> </div> </div>

Instacart workers are threatening to boycott the company over a payment policy change that they say has cut their wages

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Karan Johar's new Dharma office is every Bollywood lover's dream come true

<div class="KonaFilter image-container display-table"><div><div class="image on-image"><a href="https://www.facebook.com/Instacart/?ref=br_rs">Facebook/Instacart</a>Instacart is a grocery delivery company that relies on contract workers called "shoppers" to pick out and transport items to customers.</div></div></div><ul class="summary-list"><li><a href="https://www.businessinsider.com/category/instacart">Instacart</a> shoppers are rallying against a <a href="https://www.businessinsider.com/instacart-shoppers-threaten-boycott-claim-lower-pay-2018-12">new payment policy structure</a> that they say has resulted in cuts to their earnings.</li><li>These shoppers are urging customers to leave the minimum tip on an order and then tip in cash once the order has been delivered. </li><li>They say that this ensures that they receive the full value of the tip, rather than it being absorbed into what Instacart pays them. </li></ul><a href="https://www.businessinsider.com/category/instacart">Instacart</a> shoppers are rallying against a new payment policy change. A new <a href="https://actionnetwork.org/petitions/instacart-heres-our-22-cents-no-more-tip-theft-low-pay-and-black-box-pay-algorithms?source=twitter&amp;">petition</a> put forth by over 150 shoppers - the employees who pick out and deliver groceries for Instacart - urges customers to leave a $0.22 tip on orders and instead tip in cash after an order has been delivered. These shoppers say that under the new payment structure, which was <a href="https://www.businessinsider.com/instacart-shoppers-threaten-boycott-claim-lower-pay-2018-12">announced</a> late last year, their earnings are now subsidized by customer tips, which can result in them earning less. "Customers' tips are essentially being paid to Instacart rather than to the workers ourselves," the petition reads. It continues: "If customers don't tip up front, Instacart pays more. This essentially works like a tip penalty, where instead of being 'extra,' tips are just used to make up for not paying workers decently in the first place. Using tips to subsidize Instacart's costs hurts workers and customers alike."If customers tip after the order has been received, shoppers receive the tip on top of any earnings they made on the order. Read more: <a href="https://www.businessinsider.com/instacart-shoppers-threaten-boycott-claim-lower-pay-2018-12">Instacart workers are threatening to boycott the company over a payment policy change that they say has cut their wages</a>"Their main directive is to pay us as little as possible," Matthew Telles, who has worked as an Instacart shopper since 2015, told Business Insider of the new payment policy in December. "They really do not care about us at all."Telles published a <a href="https://medium.com/@matthewtelles/apoorva-mehta-instacart-et-al-ee3f5ec9262a">fiery blog post</a> directed at Instacart's CEO Apoorva Mehta on November 24, calling for the company to adjust the way it pays shoppers.Instacart said it launched the new payment structure in order to make the process more transparent for its shoppers. Unlike before, shoppers can now see a preview of the items requested, how far they would need to travel to deliver the order, and exactly how much they would be paid for the job. This gives them the chance to see exactly what they would be receiving before they accept or reject the work."We are very upfront about the precise details of the batch to give the best possible view to a shopper before they are committing to doing anything," David Hahn, chief product officer at Instacart, told Business Insider in December.However, the fees have also changed. Under the previous system, shoppers were paid a flat delivery fee - which varied by region - in addition to $0.40 per item shopped and the customer's tip.Under the new system, the flat delivery fee has been removed and replaced with a "Batch Incentive" fee, which varies by order and is determined by the order's number of units, the type of items, the overall weight of the order, the trip length, and the location. Shoppers also receive a $0.60 per mile commission. The total amount that Instacart pays shoppers is now called the "Batch Payment.""Before, we were treating all batches the same way, and shoppers were saying, 'That doesn't seem right, that's not always aligning the pay with the effort,'" Hahn said. "We have now tried to incorporate all these different inputs into that overall batch pricing."But shoppers say the Batch Payment fee is typically low - sometimes as low as $1 or $2 - and that it seems very random to them.A spokesperson for Instacart strongly denied that shoppers are earning less under the new system and said that the vast majority of shoppers appreciate the level of transparency under the new system.This isn't the first time that Instacart has come under scrutiny for its payment and tipping structure. In <a href="https://www.recode.net/2017/2/20/14503128/instacart-service-fee-tips-controversy">2016</a>, it removed tips and replaced them with a service fee, which went directly to the company. The tips were later reinstated, but shoppers said they were too hard for customers to find in the app. Then, it 2017, Instacart admitted to accidentally <a href="https://www.recode.net/2017/2/20/14503128/instacart-service-fee-tips-controversy">withholding tips from shoppers</a>.<a href="https://www.businessinsider.com/intelligence/future-of-retail-ai?IR=T&amp;utm_source=businessinsider&amp;utm_medium=ctgr&amp;utm_term=ctgr_leadgen&amp;utm_content=ecommerce_ctgr_leadgen&amp;utm_campaign=ecommerce_ctgr_leadgen_future-of-retail-ai"></a> <div class="margin-top"> <h3>NOW WATCH: <a href="https://www.businessinsider.com/costco-food-court-bbq-brisket-hot-dogs-pizza-churros-2017-6">We tried the Costco food court and it totally blew us away</a></h3> <div> </div> </div>

Instacart workers are fighting back against a policy change they say drastically cut their wages

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"></div></div></div>Instacart, the <a href="https://www.cbinsights.com/research-unicorn-companies#">$2 billion</a> online grocery delivery company, says that starting this week, it plans to turn part of its workforce into part-time employees, <a href="http://www.bloomberg.com/news/articles/2015-06-22/instacart-reclassifies-part-of-its-workforce-amid-regulatory-pressure-on-uber">Bloomberg reports</a>.Not unlike other startups including Uber, Lyft, and Postmates, Instacart relies on human labor to carry out its services for customers. Like these other companies, Instacart has hired its grocery selection and delivery workers as 1099 employees, or independent contractors.The difference between contractors and W-2 employees is, <a href="http://www.irs.gov/Businesses/Small-Businesses-&amp;-Self-Employed/Independent-Contractor-Self-Employed-or-Employee">according to the IRS</a>, for common-law employees, employers "must withhold income taxes, withhold and pay Social Security and Medicare taxes, and pay unemployment tax on wages paid" to full-time employees. The same is not necessarily true for an independent contractor. Benefits are another aspect often extended to employees but not independent contractors. Employers also retain the right to control how their employees behave - how to dress, for example, or specific customer-interaction protocol - but that same level of control doesn't apply to independant contractors. Instacart, which has <a href="https://www.crunchbase.com/organization/instacart">raised $274.8 million</a> in funding from investors like Thrive Capital, Sequoia Capital, Khosla Ventures, and Andreessen Horowitz, has reclassified workers from contractors to part-time employees in Chicago and Boston for now, but will be doing the same in other cities in the coming months, the company told Bloomberg. As part-time employees, they'll work between 20 and 30 hours every week, and will make above minimum wage.Instacart's decision to reclassify its workers comes at an interesting time. Last week the California Labor Commission <a href="http://www.businessinsider.com/california-labor-commission-rules-uber-drivers-are-employees-2015-6">ruled</a> that an Uber driver who brought a lawsuit against the company was an employee, not an independent contractor.The non-binding decision does not apply to all Uber drivers. But it has the potential to set a precedent for other, similar startups that also hire contract workers.Instacart CEO Apoorva Mehta <a href="http://www.bloomberg.com/news/articles/2015-06-22/instacart-reclassifies-part-of-its-workforce-amid-regulatory-pressure-on-uber">told Bloomberg</a> that his company didn't decide to reclassify its grocery workers because of the Uber suit - instead, he said, the change was intended to improve how its workers select the groceries that get delivered to Instacart customers.Mehta did say, however: "we are in this awkward phase where we have millions of people working in this new economy, and the laws are not clearly defined. It would be helpful for everyone in this space for there to be clear regulation." <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/gogoro-smartscooter-is-available-and-it-looks-incredible-2015-6">The 'Tesla of scooters' is finally available and it looks incredible</a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="JrYjNydTomoXrRoIQe_bxbwlk4mNL1AL" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

Instacart, the $2 billion grocery delivery startup, is reclassifying some of its workers as employees

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<a title_source="Instacart via Facebook" title_caption="Instacart delivers groceries in 10 cities. " class="zoomin" href="https://static-ssl.businessinsider.com/image/548233086bb3f78520413336-960/instacart-5.jpg"></a><a href="https://www.facebook.com/Instacart/photos/pb.369288959794283.-2207520000.1401300622./724966024226573/?type=3&amp;theater">Instacart via Facebook</a>
Instacart delivers groceries in 10 cities. 
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</div></div>Instacart, a grocery-delivery startup, just announced a $220 million Series C round led by Kleiner Perkins at a valuation of $2 billion.&#xa0;
That's a pretty big valuation leap from June, when the company raised <a href="http://www.businessinsider.com/instacart-raises-44-million-2014-6">$44 million at a valuation of $400 million</a>. The company has raised $275 million total.&#xa0;
<a href="https://www.instacart.com/">Instacart</a>, which launched less than three years ago, currently has its more than 4,000 shoppers deliver groceries in about an hour to people in 15 different cities, with a delivery fee of $5.99 for one-hour delivery and $3.99 for two-hour delivery. Founder and CEO Apoorva Mehta said the company plans to use the new funding for continued geographic growth, technology enhancements, and category expansion.&#xa0;
Instacart is just one of several startups trying to tackle the speedy-delivery space, including <a href="http://www.businessinsider.com/wunwun-san-francisco-launch-2014-9">New York-based WunWun</a>, which delivers small orders of groceries and other goods without a delivery fee in under an hour and <a href="https://postmates.com/">Postmates</a>, which does the same, but with a $5 delivery fee. It also competes with FreshDirect which delivers groceries to the Northeast with <a href="https://www.freshdirect.com/help/delivery_info.jsp">a delivery fee of up to $7.99</a>&#xa0;for next-day service.
Big players like Google, with <a href="http://www.businessinsider.com/google-expands-shopping-express-2014-10">Shopping Express</a>, and Amazon, <a href="http://www.businessinsider.com/r-amazon-expands-grocery-delivery-service-to-brooklyn-2014-10">with AmazonFresh</a>, are also experimenting with same-day grocery delivery. Both can bring customers their goods same-day, but with longer delivery windows than Instacart's, Postmates', or WunWun's.&#xa0;
One <a href="http://www.businessinsider.com/what-its-like-using-instacart-2014-12#ixzz3OhvDtKUV">of the complaints about Instacart</a> is that, because the company doesn't stock inventory and can't&#xa0;track the inventory from the stores it partners with, you can end up spending a bunch of time on the phone with your Instacart shopper, trying to figure out alternatives for what was originally on your shopping list. FreshDirect, on the other hand, does stock inventory, so you'll always get exactly what you ordered.
This fundraise was <a href="http://techcrunch.com/2014/12/05/instacart-2b-kleiner/">reported by TechCrunch</a> at the beginning of December 2014.&#xa0;

A Startup That Delivers Groceries Just Raised $220 Million At A $2 Billion Valuation

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image">AP Photo/Mark J. TerrillDonald Trump.</div></div></div>Tech leaders are taking a stand against Donald Trump.In <a href="https://medium.com/@KatieS/an-open-letter-from-technology-sector-leaders-on-donald-trumps-candidacy-for-president-5bf734c159e4#.hunna75a7" target="_blank">a scathing open letter</a> posted by former Twitter vice president Katie Stanton, leaders from some of Silicon Valley's biggest tech companies, venture-capital firms, and startups voiced their concerns about a Trump presidency - specifically, that Trump "stands against the open exchange of ideas, free movement of people, and productive engagement with the outside world that is critical to our economy."The letter is signed by more than 140 tech leaders, including:<ul><li>CEOs of relatively young tech companies and startups such as Box, Twilio, Slack, TaskRabbit, and Tumblr.</li><li>Well-known VCs and investors like Vinod Khosla, Pierre Omidyar, Shervin Pishevar, and Chris Sacca.</li><li>Tech industry veterans like former Cisco CTO Padmasree Warrior, Apple cofounder Steve Wozniak, and Interactive Corp. CEO Barry Diller.</li></ul>Tech leaders who openly support Trump are rare, with the <a href="http://www.businessinsider.com/peter-thiel-speaking-at-republican-national-convention-2016-7">exception of Peter Thiel</a>, who is a delegate for Trump and will speak at the Republican National Convention next week.<a href="https://medium.com/@KatieS/an-open-letter-from-technology-sector-leaders-on-donald-trumps-candidacy-for-president-5bf734c159e4#.jcv3hsuw9">Read the whole thing here&gt;&gt;</a>Here's the full list of signatories:Marvin Ammori, General Counsel, Hyperloop One Adrian Aoun, Founder/CEO, Forward Greg Badros, Founder, Prepared Mind Innovations; Former Engineering VP, Facebook Clayton Banks, Co-Founder, Silicon Harlem Phin Barnes, Partner, First Round Capital Niti Bashambu, Chief Analytics Officer, IAC Applications John Battelle, Founder/CEO, NewCo, Inc. Ayah Bdeir, Founder/CEO, Little Bits Piraye Beim, Founder/CEO, Celmatix Marc Bodnick, Co-Founder, Elevation Partners John Borthwick, Founder/CEO, Betaworks Matt Brezina, Co-Founder, Sincerely and Xobni Stacy Brown-Philpot, CEO, TaskRabbit Brad Burnham, Managing Partner, Union Square Ventures Stewart Butterfield, Co-Founder/CEO, Slack Troy Carter, Founder/CEO, Atom Factory Sukhinder Singh Cassidy, Founder/CEO, Joyus Vint Cerf, Internet Pioneer Amy Chang, Founder/CEO, Accompany Aneesh Chopra, President, NavHealth; Former US CTO Patrick Chung, General Partner, Xfund Tod Cohen, General Counsel, StubHub Stephen DeBerry, Founder/Managing Partner, Bronze Investments Peter Diamandis, Entrepreneur; Author, Abundance and BOLD Barry Diller, Chairman, Expedia and IAC Esther Dyson, Executive Founder, Way to Wellville; Investor Amy Errett, Founder/CEO, Madison Reed Caterina Fake, Founder/CEO, Findery; Co-Founder, Flickr Christopher Farmer, Founder/CEO, SignalFire Brad Feld, Managing Director, Foundry Group; Co-Founder, Techstars Josh Felser, Co-Founder, Freestyle Capital &amp; ClimateX Hajj Flemings, Founder/CEO, Brand Camp University Natalie Foster, Co-Founder, Peers David Grain, Founder/Managing Partner, Grain Management, LLC Brad Hargreaves, Founder/CEO, Common Donna Harris, Co-Founder/Co-CEO, 1776 Scott Heiferman, Co-Founder/CEO, Meetup David Hornik, General Partner, August Capital Terry Howerton, CEO, TechNexus Reed Hundt, Former Chair, FCC Minnie Ingersoll, COO, Shift Technologies Sami Inkinen, Founder/CEO, Virta Health; Co-Founder, Trulia Craig Isakow, Head of Revenue, Shift Technologies Rev. Jesse L. Jackson Sr., President and Founder, Rainbow PUSH Coalition Irwin Jacobs, Founding Chairman/CEO Emeritus, Qualcomm Inc Paul Jacobs, Executive Chairman, Qualcomm Inc Leila Janah, Founder/CEO, Sama &amp; Laxmi Sujay Jaswa, Former CFO, Dropbox; Founder, Witt Capital Partners Mark Josephson, CEO, Bitly Sep Kamvar, Professor, MIT David Karp, Founder/CEO, Tumblr Jed Katz, Managing Director, Javelin Venture Partners Kim Keenan, President/CEO, Multicultural Media, Telecom &amp; Internet Council Ben Keighran, Entrepreneur; Former Design Lead, Apple William Kennard, Former Chair, FCC Vinod Khosla, Founder, Khosla Ventures; Co-Founder, SUN Microsystems Ron Klain, Executive Vice President, Revolution LLC Walter Kortschak, Former Managing Partner and Senior Advisor, Summit Partners Jared Kopf, Founder AdRoll, HomeRun, Worldly Joseph Kopser, Co-Founder, Ridescout Karen Kornbluh, Former US Ambassador, OECD Othman Laraki, Co-Founder/President, Color Genomics Miles Lasater, Serial Entrepreneur Jeff Lawson, CEO, Twilio Aileen Lee, Founder/Managing Partner, Cowboy Ventures Bobby Lent, Managing Partner, Hillsven Capital Aaron Levie, Co-Founder/CEO, Box John Lilly, Partner, Greylock Partners Bruce Lincoln, Co-Founder, Silicon Harlem Ruth Livier, President, Livier Productions, Inc. Mark Lloyd, Professor of Communication, University of Southern California?-?Annenberg School Luther Lowe, VP of Public Policy, Yelp Nancy Lublin, Founder/CEO, Crisis Text Line Kanyi Maqubela, Partner, Collaborative Fund Jonathan Matus, Founder/CEO, Zendrive Josh McFarland, Vice President of Product, Twitter Andrew McLaughlin, Head of New Business, Medium; Venture Partner, betaworks Shishir Mehrotra, Entrepreneur &amp; former VP of Product &amp; Engineering, YouTube Apoorva Mehta, Founder/CEO, Instacart Doug Merritt, CEO, Splunk Dinesh Moorjani, Founder/CEO, Hatch Labs; Co-Founder, Tinder Brit Morin, Founder/CEO, Brit + Co Dave Morin, Entrepreneur; Partner, Slow Ventures Dustin Moskovitz, Co-Founder, Asana; Co-Founder, Facebook Amanda Moskowitz, Founder/CEO, Stacklist Alex Nogales, President/CEO, National Hispanic Media Coalition Alexis Ohanian, Co-Founder, Reddit Mike Olson, Founder/Chairman/CSO, Cloudera Pierre Omidyar, Founder, eBay Felix W. Ortiz III, Founder/Chairman/CEO, Viridis; Board Member of The NYC Technology Development Corporation Jen Pahlka, Founder/Executive Director, Code for America Barney Pell, Founder Powerset, MoonExpress, Locomobi; Founding Trustee, Singularity University Mark Pincus, Executive Chairman and Founder, Zynga Shervin Pishevar, Co-Founder/Managing Director, Sherpa Capital and Co-Founder/Executive Chairman of Hyperloop One Brandon Pollack, Director of Global Affairs, 1776 Amy Rao, Founder/CEO, Integrated Archive Systems, Inc. Eric Ries, Entrepreneur &amp; Author, The Lean Startup Justin Rosenstein, Co-Founder, Asana Alec Ross, Author, The Industries of the Future Javier Saade, Venture Capitalist; Former Associate Administrator, SBA Chris Sacca, Founder/Chairman, Lowercase Capital Dave Samuel, Co-Founder, Freestyle Capital Julie Samuels, Executive Director, Tech:NYC Reshma Saujani, Founder, Girls Who Code Chris Schroeder, Venture Investor; Author, Startup Rising Jake Schwartz, Co-Founder/CEO, General Assembly Robert Scoble, Entrepreneur in Residence and Futurist, Upload VR Kim Malone Scott, CEO, Candor, Inc; Former Director, Google Tina Sharkey, Partner, Sherpa Foundry &amp; Sherpa Capital Clara Shih, Co-Founder/CEO, Hearsay Social Shivani Siroya, Founder/CEO, InVenture Steve Smith, Executive Director, Public Policy Institute, Government Relations &amp; Telecommunications Project, Rainbow PUSH Coalition Jonathan Spalter, Chair, Mobile Future DeShuna Spencer, CEO, kweliTV Katie Stanton, CMO, Color Genomics; Former VP of Global Media, Twitter Jenny Stefanotti, Co-Founder, OneProject; Board of Directors, Ushahidi Debby Sterling, Founder/CEO, Goldiblox Seth Sternberg, Co-Founder/CEO, Honor Margaret Stewart, Vice President of Product Design, Facebook Jeremy Stoppelman, CEO, Yelp Michael Stoppelman, SVP, Engineering, Yelp Baratunde Thurston, Former supervising producer, The Daily Show with Trevor Noah; Co-Founder, Cultivated Wit Stephanie Tilenius, Founder/CEO, Vida Health; Board of Directors, Seagate Technology Richard D. Titus, Entrepreneur; SVP, Samsung Anne Toth, VP of Policy &amp; Compliance, Slack Bill Trenchard, Partner, First Round Capital April Underwood, VP of Product, Slack Max Ventilla, Founder/CEO, AltSchool Tabreez Verjee, Co-Founder/Partner Uprising; Board Director Kiva.org Jimmy Wales, Founder of Wikipedia Hunter Walk, Partner, Homebrew VC; Former Director of Product Management, Google Tristan Walker, Founder/CEO, Walker &amp; Company Brands, Inc.; Founder/Chairman, Code 2040 Ari Wallach, CEO, Synthesis Corp. Padmasree Warrior, CEO, NextEV USA; Former CTSO, Cisco Laura Weidman Powers, Co-Founder/CEO, Code2040 Kevin Weil, Head of Product, Instagram Phil Weiser, Hatfield Professor of Law, University of Colorado and Executive Director of the Silicon Flatirons Center Daniel J. Weitzner, Principal Research Scientist, Computer Science and Artificial Intelligence Lab, Massachusetts Institute of Technology Emily White, Entrepreneur; Former COO, Snapchat Ev Williams, Founder/CEO, Medium; Co-Founder Twitter, Blogger Monique Woodward, Venture Partner, 500 Startups Steve Wozniak, Co-Founder, Apple Tim Wu, Professor of Law, Columbia University Andrew Yang, Founder/CEO, Venture for America Arielle Zuckerberg, Partner, Kleiner Perkins Caufield &amp; Byers <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/apple-iphone-ios-android-annoying-problem-2016-6">The most annoying thing about the iPhone isn't changing any time soon</a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="VibW5jNDE69GzqusUkQ8TPgI7rpDSkvZ" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

More than 140 tech leaders agree: 'Trump would be a disaster for innovation'

After months of research and debate, Business Insider has released the <a href="http://www.businessinsider.com/silicon-valley-100-2015-6">Silicon Valley 100</a>, the who's who of the most prominent, and coolest, people in Silicon Valley.To compile the list, we looked at who won big in the past year: star executives, industry-changing acquisitions, top VCs, promising companies shifting industries, and more.We've listed everyone from 1-100 below, as well as some quotes from the most well-known and influential people on the list. You can <a href="http://www.businessinsider.com/silicon-valley-100-2015-6">view the full SV100 in detail here</a>, or click on each name for more information about the coolest people in Silicon Valley.1. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#1-elizabeth-holmes-100">Elizabeth Holmes</a> - Founder, CEO, and chairman of Theranos2. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#2-travis-kalanick-99">Travis Kalanick</a> - CEO and cofounder of Uber3. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#3-tim-cook-98">Tim Cook</a> - CEO of Apple<div class="KonaFilter image-container display-table"><div><div class="image on-image"></div></div></div>4. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#4-jack-dorsey-97">Jack Dorsey</a> - CEO of Twitter (interim) and Square5. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#5-sundar-pichai-96">Sundar Pichai</a> - Senior vice president at Google6. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#6-renaud-laplanche-95">Renaud Laplanche</a> - Founder and CEO of Lending Club7. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#7-nick-woodman-94">Nick Woodman</a> - Founder and CEO of GoPro8. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#8-marc-benioff-93">Marc Benioff</a> - Cofounder and CEO of Salesforce<div class="KonaFilter image-container display-table"><div><div class="image on-image"></div></div></div>9. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#9-stewart-butterfield-92">Stewart Butterfield</a> - Cofounder and CEO of Slack10. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#10-aaron-levie-and-dylan-smith-91">Aaron Levie and Dylan Smith</a> - Cofounder and CEO/cofounder of Box11. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#11-mikkel-svane-and-alexander-aghassipour-90">Mikkel Svane and Alexander Aghassipour</a> - Cofounder and CEO/cofounder of Zendesk12. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#12-rob-bearden-89">Rob Bearden</a> - CEO of Hortonworks13. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#13-suresh-batchu-and-ajay-mishra-88">Suresh Batchu and Ajay Mishra</a> - Cofounders of MobileIron14. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#14-palmer-luckey-and-brendan-iribe-87">Palmer Luckey and Brendan Iribe</a> - Cofounders of Oculus15. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#15-lynda-weinman-and-bruce-heavin-86">Lynda Weinman and Bruce Heavin</a> - Cofounders of Lynda.com16. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#16-art-levinson-85">Art Levinson</a> - CEO of Calico17. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#17-elon-musk-84">Elon Musk</a> - CEO and CTO of SpaceX; CEO of Tesla Motors; chairman of SolarCity18. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#18-james-park-83">James Park</a> - CEO of Fitbit19. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#19-mark-zuckerberg-82">Mark Zuckerberg</a> - Cofounder and CEO of Facebook20. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#20-ben-silbermann-and-evan-sharp-81">Ben Silbermann and Evan Sharp</a> - Cofounders of Pinterest21. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#21-nathan-blecharczyk-brian-chesky-and-joe-gebbia-80">Nathan Blecharczyk, Brian Chesky, and Joe Gebbia</a> - Cofounders of Airbnb22. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#22-jony-ive-79">Jony Ive</a> - Chief design officer of Apple<div class="KonaFilter image-container display-table"><div><div class="image on-image"></div></div></div>23. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#23-larry-page-78">Larry Page</a> - Cofounder of Google<div class="KonaFilter image-container display-table"><div><div class="image on-image"></div></div></div>24. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#24-garrett-camp-77">Garrett Camp</a> - Cofounder of Uber; founder of Expa25. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#25-ryan-graves-76">Ryan Graves</a> - Head of global operations at Uber26. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#26-chris-sacca-75">Chris Sacca</a> - Founder of Lowercase Capital27. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#27-jimmy-iovine-and-eddy-cue-74">Jimmy Iovine and Eddy Cue</a> - Cofounder of Beats Electronics/SVP of internet software and services at Apple28. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#28-anthony-noto-73">Anthony Noto</a> - CFO of Twitter29. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#29-parker-conrad-and-laks-srini-72">Parker Conrad and Laks Srini</a> - Cofounder and CEO/cofounder of Zenefits30. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#30-justin-kan-emmett-shear-and-kevin-lin-71">Justin Kan, Emmett Shear, and Kevin Lin</a> - Cofounders of Twitch31. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#31-meg-whitman-70">Meg Whitman</a> - Chairwoman, president, and CEO of Hewlett-Packard32. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#32-kayvon-beykpour-and-joseph-bernstein-69">Kayvon Beykpour and Joseph Bernstein</a> - CEO and cofounder/cofounder of Periscope33. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#33-shannon-liss-riordan-68">Shannon Liss-Riordan</a> - Employment-rights lawyer34. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#34-mark-pincus-67">Mark Pincus</a> - Cofounder and CEO of Zynga35. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#35-ellen-pao-66">Ellen Pao</a> - CEO of Reddit36. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#36-tony-fadell-65">Tony Fadell</a> - CEO of Nest Labs (Google)37. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#37-patrick-and-john-collison-64">Patrick and John Collison</a> - Cofounders of Stripe38. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#38-angela-ahrendts-63">Angela Ahrendts</a> - SVP of retail and online stores at Apple39. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#39-reed-hastings-62">Reed Hastings</a> - Cofounder and CEO of Netflix40. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#40-marissa-mayer-61">Marissa Mayer</a> - CEO of Yahoo<div class="KonaFilter image-container display-table"><div><div class="image on-image"></div></div></div>41. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#41-john-thompson-60">John Thompson</a> - Chairman of Microsoft; CEO of Virtual Instruments42. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#42-larry-ellison-mark-hurd-safra-catz-59">Larry Ellison, Mark Hurd, and Safra Catz</a> - Former CEO, now chairman and CTO/co-CEO/co-CEO of Oracle<div class="KonaFilter image-container display-table"><div><div class="image on-image"></div></div></div>43. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#43-susan-wojcicki-58">Susan Wojcicki</a> - CEO of YouTube44. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#44-megan-smith-57">Megan Smith</a> - US chief technology officer45. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#45-david-marcus-56">David Marcus</a> - Vice president of messaging products at Facebook46. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#46-greg-duffy-and-aamir-viran-55">Greg Duffy and Aamir Viran</a> - Cofounders of Dropcam47. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#47-albert-lee-and-mike-lee-54">Albert Lee and Mike Lee</a> - Cofounders of MyFitnessPal48. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#48-simon-khalaf-53">Simon Khalaf</a> - President and CEO of Flurry49. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#49-chris-wanstrath-and-pj-hyett-52">Chris Wanstrath and PJ Hyett</a> - Cofounders of Github50. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#50-dheeraj-pandey-51">Dheeraj Pandey</a> - Cofounder and CEO of Nutanix51. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#51-nirav-tolia-david-wiesen-prakash-janakiraman-sarah-leary-50">Nirav Tolia, David Wiesen, Prakash Janakiraman, and Sarah Leary</a> - Cofounders of Nextdoor52. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#52-peter-asbill-elias-roman-elliott-breece-scott-robbin-aza-raskin-49">Peter Asbill, Elias Roman, Elliott Breece, Scott Robbin, and Aza Raskin</a> - Cofounders of Songza53. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#53-alex-hawkinson-jeff-hagins-andrew-brooks-48">Alex Hawkinson, Jeff Hagins, and Andrew Brooks</a> - Cofounders of SmartThings54. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#54-john-zimmer-and-logan-green-47">John Zimmer and Logan Green</a> - Cofounders of Lyft55. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#55-mike-olson-christophe-bisciglia-amr-awadallah-jeff-hammerbacher-46">Mike Olson, Christophe Bisciglia, Amr Awadallah, and Jeff Hammerbacher</a> - Cofounders of Cloudera56. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#56-jason-kilar-and-richard-tom-45">Jason Kilar and Richard Tom</a> - Cofounder and CEO/cofounder of Vessel57. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#57-max-mullen-brandon-leonardo-and-apoorva-mehta-44">Max Mullen, Brandon Leonardo, and Apoorva Mehta</a> - Cofounders of Instacart58. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#58-josh-james-43">Josh James</a> - Founder and CEO of Domo59. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#59-tony-xu-evan-moore-stanley-tang-andy-fang-42">Tony Xu, Evan Moore, Stanley Tang, and Andy Fang</a> - Cofounders of DoorDash60. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#60-ryan-hoover-41">Ryan Hoover</a> - Founder of Product Hunt61. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#61-baiju-bhatt-and-vlad-tenev-40">Baiju Bhatt and Vlad Tenev</a> - Cofounders of Robinhood62. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#62-ben-rubin-roi-tirosh-itai-danino-39">Ben Rubin, Roi Tirosh, and Itai Danino</a> - Cofounders of Meerkat63. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#63-kevin-gibbon-and-joshua-scott-38">Kevin Gibbon and Joshua Scott</a> - Cofounders of Shyp64. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#64-craig-martin-and-curtis-lee-37">Craig Martin and Curtis Lee</a> - Cofounders of Luxe Valet65. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#65-balaji-srinivasan-matthew-pauker-nigel-drego-daniel-firu-and-veerbhan-kheterpal-36">Balaji Srinivasan, Matthew Pauker, Nigel Drego, Daniel Firu, and Veerbhan Kheterpal</a> - Cofounders of 21 Inc.66. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#66-brian-armstrong-and-fred-ehrsam-35">Brian Armstrong and Fred Ehrsam</a> - Cofounder and CEO/cofounder of Coinbase67. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#67-brit-morin-34">Brit Morin</a> - Founder and CEO of Brit + Co.68. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#68-doug-evans-33">Doug Evans</a> - Founder and CEO of Juicero69. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#69-kavan-seggie-32">Kavan Seggie</a> - Founder of AddLive70. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#70-josh-mcfarland-and-mark-ayzenshtat-31">Josh McFarland and Mark Ayzenshtat</a> - Cofounders of TellApart71. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#71-kara-swisher-and-walt-mossberg-30">Kara Swisher and Walt Mossberg</a> - Cofounders of Re/code72. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#72-amit-kumar-jeff-winner-eckart-walther-geraud-boyer-29">Amit Kumar, Jeff Winner, Eckart Walther, and Geraud Boyer</a> - Cofounders of CardSpring73. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#73-dave-morin-28">Dave Morin</a> - Cofounder of Path; founder of Slow Ventures74. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#74-solomon-hykes-27">Solomon Hykes</a> - Founder and CTO of Docker75. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#75-steve-zadesky-26">Steve Zadesky</a> - Vice president of iPod/iPhone product design at Apple76. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#76-bill-gurley-25">Bill Gurley</a> - General partner at Benchmark Capital77. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#77-chamath-palihapitiya-24">Chamath Palihapitiya</a> - Founder of Social+Capital Partnership78. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#78-sam-altman-23">Sam Altman</a> - Founding partner and president of Y Combinator79. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#79-andy-rubin-22">Andy Rubin</a> - Managing director of Playground Global<div class="KonaFilter image-container display-table"><div><div class="image on-image"></div></div></div>80. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#80-renee-james-21">Renee James</a> - President of Intel81. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#81-ed-lee-20">Ed Lee</a> - Mayor of San Francisco82. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#82-eric-migicovsky-19">Eric Migicovsky</a> - Founder and CEO of Pebble83. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#83-josh-reeves-edward-kim-tomer-london-18">Josh Reeves, Edward Kim, and Tomer London</a> - Cofounders of ZenPayroll84. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#84-andrew-rubin-pj-kirner-alan-stokol-17">Andrew Rubin, PJ Kirner, and Alan Stokol</a> - Cofounders of Illumio85. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#85-ev-williams-16">Ev Williams</a> - Founder of Obvious Ventures86. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#86-adam-cahan-15">Adam Cahan</a> - Senior vice president of mobile at Yahoo87. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#87-jason-johnson-and-yves-behar-14">Jason Johnson and Yves Behar</a> - Cofounders of August88. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#88-kyle-vogt-13">Kyle Vogt</a> - CEO of Cruise89. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#89-aarthi-ramamurthy-12">Aarthi Ramamurthy</a> - Founder of Lumoid90. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#90-liz-wessel-and-jj-fliegelman-11">Liz Wessel and JJ Fliegelman</a> - Cofounders of Campus Job91. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#91-amanda-bradford-10">Amanda Bradford</a> - Founder and CEO of The League92. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#92-or-arbel-9">Or Arbel</a> - Cofounder and CEO of Yo93. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#93-ross-mason-8">Ross Mason</a> - Founder and VP of product strategy at MuleSoft94. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#94-rand-paul-7">Rand Paul</a> - US senator (R-Kentucky) and 2016 presidential candidate95. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#95-john-doerr-megan-quinn-matt-murphy-mary-meeker-6">John Doerr, Megan Quinn, Matt Murphy, and Mary Meeker</a> - Partners at Kleiner Perkins96. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#96-peter-thiel-5">Peter Thiel</a> - Partner at Founders Fund; chairman of Palantir; founder of the Thiel Fellowship; investor<div class="KonaFilter image-container display-table"><div><div class="image on-image"></div></div></div>97. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#97-todd-mckinnon-and-frederic-kerrest-4">Todd McKinnon and Frederic Kerrest</a> - Cofounders of Okta98. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#98-conrad-chu-van-tran-tri-tran-3">Conrad Chu, Van Tran, and Tri Tran</a> - Cofounders of Munchery99. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#99-gagan-biyani-morgan-springer-neeraj-berry-matt-kent-2">Gagan Biyani, Morgan Springer, Neeraj Berry, and Matt Kent</a> - Cofounders of Sprig100. <a href="http://www.businessinsider.com/silicon-valley-100-2015-6#100-mat-honan-1">Mat Honan</a> - Bureau chief of BuzzFeed SF

The Silicon Valley 100 2015: 1-100

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image">InstacartRavi Gupta.</div></div></div>It's hard not to be excited about Instacart.The grocery delivery service that delivers goods to your doorstep within an hour has raised $275 million with a $2 billion valuation. The three-year-old company has expanded into 18 cities and now employs more than 300 full-time workers, 1,200 part-timers, and 7,000 contract shoppers. On Tuesday, Instacart hired Ravi Gupta, a former director with private equity firm KKR in New York, as its first <keyword id="53346" type="POSITION" weightage="100" keywordseo="CFO">CFO</keyword>. "Instacart - I love Instacart."That was the reaction when Gupta first told his wife about a meeting he was about to have with Instacart founder and CEO Apoorva Mehta."We have a busy household," Gupta explained to Business Insider. "We have three young sons (twin boys who just turned 3 and another son who just turned 1) and effectively a fourth with Rufus, our dog... Avani, my wife, is a working mom. But in the past year using Instacart, it's like we magically got four extra hours a week to spend with our boys."While he had worked closely with CFOs during his time at KKR, he never directly served in that role. However, he loved what Instacart was attempting to accomplish. According to Gupta, the company is "solving a real problem for our customers. I love telling people that I work at Instacart and hearing about how much they value us. I feel a lot of pride for having anything to do with that experience.""The business is growing in customers, partners, cities - you name it," he explains. "The team is terrific, and we have an incredible set of backers who share the vision for where we are going. It's going to be hard, but that's the fun part. If it was easy, it would have already been done." Business Insider had a chance to catch up with Gupta and learn why he and his entire family are excited for his new role. Business Insider: What are your short-term plans and goals for Instacart? Ravi Gupta: I will be leading and overseeing finance, corporate development, and strategic business initiatives. That will include helping the company continue on our growth trajectory and spearheading our fundraising, capital markets, and M&amp;A efforts.What challenges does Instacart face from a growth perspective?Our focus is making sure that we are growing at the right pace. Whether it's our new city launches or expansions or our new <keyword id="6354851" type="ORGANIZATION" weightage="60" keywordseo="Retail">retail</keyword> partnerships, we want to ensure that we have the ability and capacity to provide the best service and experience for our customers.Instacart has acquired one company. Are more acquisitions on the horizon? Yes, we'll be looking for more teams to join us and build great experiences for our consumers, shoppers, partners, and our operations teams. We are also hiring aggressively for top-notch tech talent. <div class="KonaFilter image-container display-table float_right"><div><div class="image on-image">Instacart</div></div></div>How do you respond to talk of an Instacart IPO?Right now, we are focused on our company's growth in terms of having more partner retailers, more markets, and more customers. Whether we do that in the private or public market isn't something we're talking about at the moment.How has your previous experience at KKR prepared you for your first CFO role? At KKR, I worked closely with the portfolio company leadership, and in particular, with the CFOs. Through that collaboration with them on their key strategic initiatives, I was fortunate to be able to gain perspective on how to approach a CFO role. What are Instacart's plans for contract workers?Currently all of our shoppers have the option to become part-time employees in the 18 metropolitan areas in which we operate, and that will be the case for any new markets we enter as well. This allows us to focus on training our shoppers so that our customers get the best quality results possible.That is what helps us build our company's brand and reputation, and ultimately leads to more growth for the company. <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/tourists-captured-by-gunmen-at-a-philippine-resort-2015-9">Footage shows tourists captured by gunmen at a Philippine resort</a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="1pdWludzr-Z739unKqQFZY7SiOx7B73s" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

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The Silicon Valley 100 2015: 1-100

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