Sequoia Capital Amends Filing for Maplebear Inc.

TL;DR

Sequoia Capital just updated their stake in Maplebear Inc. - big player making moves.

AI Summary

On September 4, 2024, Sequoia Capital Global Growth Fund III - Endurance Partners, L.P. and related entities filed an SC 13D/A amendment regarding their holdings in Maplebear Inc. The filing indicates a change in beneficial ownership, with the reporting persons now holding a significant stake in the company.

Why It Matters

This filing signals a potential shift in control or influence for Maplebear Inc., as a major investment firm has updated its stake, which could impact future strategic decisions and stock performance.

Risk Assessment

Risk Level: medium — Changes in significant beneficial ownership by large investment firms can indicate strategic shifts or potential future actions that may affect the company's stock price.

Key Players & Entities

• Sequoia Capital Global Growth Fund III - Endurance Partners, L.P. (company) — Reporting Person
• Maplebear Inc. (company) — Subject Company
• Douglas Leone (person) — Group Member
• Roelof Botha (person) — Group Member

FAQ

Key Financial Figures

• $0.00001 — suer) Class A Common Stock, par value $0.00001 per share (Title of Class of Securiti

Filing Documents

• d857638dsc13da.htm (SC 13D/A) — 429KB
• 0001193125-24-213378.txt ( ) — 432KB

From the Filing

SC 13D/A 1 d857638dsc13da.htm SC 13D/A SC 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 3)* Maplebear Inc. (Name of Issuer) Class A Common Stock, par value $0.00001 per share (Title of Class of Securities) 565394103** (CUSIP Number) SC US (TTGP), Ltd. 2800 Sand Hill Road Suite 101 Menlo Park, CA 94025 Attention: Roelof Botha Telephone: (650) 854-3927 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) with copies to: Craig Marcus Ropes & Gray LLP 800 Boylston Street Boston, Massachusetts 02199 (617) 951-7802 August 30, 2024 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See 240.13d-7 for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. ** This CUSIP number applies to the Issuers Class A Common Stock. The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). 1. Names of Reporting Persons. SEQUOIA CAPITAL USV XIV HOLDCO, LTD. (SEQUOIA CAPITAL USV XIV HOLDCO) 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a)(b) 3. SEC Use Only 4. Source of Funds (See Instructions) PN 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) 6. Citizenship or Place of Organization Cayman Islands Number of Shares Beneficially Owned by Each Reporting Person With 7. Sole Voting Power 0 8. Shared Voting Power 5,145,305 9. Sole Dispositive Power 0 10. Shared Dispositive Power 5,145,305 11. Aggregate Amount Beneficially Owned by Each Reporting Person 5,145,305 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) 13. Percent of Class Represented by Amount in Row (11) 2.0% 1 14. Type of Reporting Person (See Instructions) OO 1 Based on a total of 257,104,661 shares of Class A common stock as of August 14, 2024, as reported in the Issuers Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 9, 2024, and reflecting the repurchase of 3,700,000 shares of Class A common stock as reported in the Issuers Current Report on Form 8-K filed with the Securities and Exchange Commission on August 14, 2024. 1. Names of Reporting Persons. SEQUOIA CAPITAL U.S. GROWTH FUND VI, L.P. (SEQUOIA CAPITAL U.S. GROWTH FUND VI) 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a)(b) 3. SEC Use Only 4. Source of Funds (See Instructions) PN 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) 6. Citizenship or Place of Organization Cayman Islands Number of Shares Beneficially Owned by Each Reporting Person With 7. Sole Voting Power 0 8. Shared Voting Power 948,842 9. Sole Dispositive Power 0 10. Shared Dispositive Power 948,842 11. Aggregate Amount Beneficially Owned by Each Reporting Person 948,842 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) 13. Percent of Class Represented by Amount in Row (11) 0.4% 1 14. Type of Reporting Person (See Instructions) PN 1 Based on a total of 257,104,661 shares of Class A common stock as of August 14, 2024, as reported in the Issuers Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 9, 2024, and reflecting the repurchase of 3,700,000 shares of Class A common stock as reported in the Issuers Current Report on Form 8-K filed with the Securities and Exchange Commission on August 14, 2024. 1. Names of Reporting Persons. SEQUOIA CAPITAL U.S. GROWTH VI PRINCIPALS FUND, L.P. (SEQUOIA CAPITAL U.S. GROWTH VI PRINCIPALS FUND) 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a)(b) 3. SEC Use Only 4. Source of Funds (See Instructions) PN 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) 6. Citizenship or Place of Organization Cayman Islands Number of Shares Beneficia

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