Good morning, Broadsheet readers! Parade's cofounder and CEO will exit amid the brand's acquisition, Spain's soccer federation deals with the fallout of a nonconsensual World Cup kiss, and Instacart tests the IPO waters. Have a productive Monday.
- Ready for delivery. Fidji Simo's tenure as CEO of Instacart has been defined by one question: when will the grocery delivery service go public?
The former Facebook executive became Instacart's CEO in mid-2021, following a pandemic boom in grocery delivery that benefitted the startup. She took the job around the same time Instacart founder and recently resigned CEO Apoorva Mehta was pitching Doordash on buying the startup. That didn't pan out, and the episode cast a shadow over the leadership handoff.
