Welcome to OK Computer. I'm Dan Nathan. I'm joined by Dear Drobosa. She is the host of CNBC's Tech Check. Debo, welcome.

Hello. I was happy to be here. Big day, big week for you. A couple big tech IPOs, not something that you've been that active in as a reporter, as a CNBC TV host. Me as an investor or a pundit either. So we're going to hit nobody. It's been close and

shut. I know. We're going to have to figure out our old pitches here to talk about these things if they

do come back here in a meaningful way. But that's obviously Instacart this week today, Tuesday,

and then Arm last week. And there's a few more that we can talk about what we're looking forward to. Also, when D and I are done with our conversation, stick around for a conversation I had with

Katie Stanton. She is the general partner and founder at Moxie Ventures, also with a portfolio

company CEO, a really interesting guy, Quinn Kramer.

He is the co-founder and CEO of Daily.

That's a video infrastructure software company doing a lot of interesting things in and around

creators and helping them to monetize, also integration of machine learning and a whole host

of our favorite buzzwords as it relates to AI, large language models, generative, all the

stuff.

That was Quinn Kramer, and he is a multiple

time founder and a brilliant guy. So Katie and I really enjoyed that conversation. All right,

Dee, let's get to it. Instacart. Finally, this is a name. This is a company that you've known for a very

long time. It's had a handful of different iterations. It was the ugly red-headed stepchild for a while

in the delivery business. And then they changed some things up. They added a few different things

and the pandemic and they had this huge valuation surge. And now this thing comes to market finally.

And it's a perceived down round. They raised last, you and I talked about it last week at $39 billion a couple years ago.

This IPO prices in around $10 billion or so.

What is some of your initial take?

The stock opened.

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