Marc Lore, CEO of the food technology startup Wonder, announced that they plan to initiate an IPO on March 30, 2028. He emphasized the importance of preparation by operating like a public company throughout 2027. The startup aims to achieve substantial growth, with predictions of $5 billion in revenue by 2028, after a recent funding boost of $600 million. Wonder seeks to become a comprehensive platform for food needs, blending delivery services with AI-driven innovations.
We're going to IPO [and we're] kind of working backwards from March 30, 2028. Whether we hit it or not, we will see.
So all of 2027, we get four quarters of practice... treating it like a public company. So when we go public in Q1 of 2028, we've already had that muscle.
Wonder, which Lore has described as a kind of 'Amazon for food and beverage,' has brick-and-mortar restaurants and a vertically integrated food delivery app.
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