
Why Skills-First Leadership Is Replacing the Ivy League Playbook in the C-Suite
The old prestige pyramid—where Ivy League degrees and blue-chip consulting backgrounds paved the way to the CEO seat—is cracking.

September 18, 2023: Instacart is marking a valuation of nearly $8.6 billion to $9.3 billion in its imminent IPO, a fraction of what the grocery-delivery business was previously worth, in the belatedly warning of reduced investor enthusiasm for private growth businesses.
Despite that, the largest grocery delivery company in the U.S. is seeking a valuation of billions of dollars less than what it was worth a few years back.
In 2021, the business was valued at $39 billion, but a more recently challenging climate for online delivery has dragged its worth down.
Instacart wants to offer 22 million total shares when it debuts on the Nasdaq, including from current shareholders, and could raise to $660 million. According to the company’s securities filing, PepsiCo has also agreed to purchase $175 million in a concurrent private placement.
Despite upping its price range the day after a successful Arm Holdings debut, Instacart’s valuation has dropped significantly since 2021, when it raised $265 million at a $39 billion valuation.
According to the securities filing, the firm has shifted a profit in recent months, reporting a net income of $242 million for the first six months of 2023, compared to a net failure of $74 million in the year-ago period.
This month is already shaping up to be busy for initial public offerings. Beyond Arm Holdings and Instacart, marketing automation company Klaviyo, and biotechnology firm Neumora are set to list soon.

The old prestige pyramid—where Ivy League degrees and blue-chip consulting backgrounds paved the way to the CEO seat—is cracking.

Loud leaders once ruled the boardroom. Charisma was currency. Big talk drove big valuations.

But the CEOs who make history in downturns aren’t the ones with the deepest cuts

Companies invest millions in leadership development, yet many of their best executives leave within a few years. Why?

The most successful business leaders don’t just identify gaps in the market; they anticipate future needs before anyone else.

With technological advancements, shifting consumer expectations, and global interconnectedness, the role of business leaders

Following a distinguished Law Enforcement career Joe McGee founded The Securitatem Group to provide contemporary global operational specialist security and specialist security training products and services for private clients, corporate organisations, and Government bodies. They deliver a wide range of services, including complete end-to-end protection packages, close protection, residential security, protection drivers, and online and physical installations. They provide covert and overt investigations and specialist surveillance services with a Broad range of weapons and tactical-based training, including conflict management, risk and threat management, tactical training, tactical medicine, and command and control training.

Jay Wright, CEO and Co-Owner of Virgin Wines infectious energy, enthusiasm, passion and drive has been instrumental in creating an environment that encourages talent to thrive and a culture that puts the customer at the very heart of every decision-making process.

Fabio de Concilio is the visionary CEO & Chairman of the Board at Farmacosmo, a leading organization dedicated to mental health and community support services. With a deep commitment to identifying and meeting customer needs, Fabio ensures that high standards are maintained across the board.

Character Determines Destiny – so said Aristotle. And David CM Carter believes that more than anything else. For David, it has been numerous years of research into codifying Entelechy Academy’s 54 character qualities that underpin everything he stands for as a leader and teacher.


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