Sequoia Capital Entities Amend Maplebear Stake Filing

Ticker: CART · Form: SC 13D/A · Filed: Nov 21, 2024 · CIK: 1579091

Maplebear INC. SC 13D/A Filing Summary
FieldDetail
CompanyMaplebear INC. (CART)
Form TypeSC 13D/A
Filed DateNov 21, 2024
Risk Levelmedium
Pages16
Reading Time20 min
Key Dollar Amounts$0.00001
Sentimentneutral

Sentiment: neutral

Topics: sec-filing, 13d-amendment, venture-capital

TL;DR

Sequoia Capital entities updated their filing on Maplebear Inc. - watch this space.

AI Summary

On November 21, 2024, SC US (TTGP), LTD. filed an SC 13D/A amendment concerning Maplebear Inc. The filing lists Douglas Leone and Roelof Botha as group members, indicating a significant stake or change in beneficial ownership by Sequoia Capital entities.

Why It Matters

This filing indicates a potential shift in control or significant influence over Maplebear Inc. by major venture capital investors, which could impact the company's strategic direction.

Risk Assessment

Risk Level: medium — Amendments to SC 13D filings often signal changes in significant beneficial ownership, which can lead to strategic shifts or potential activist involvement.

Key Players & Entities

FAQ

What specific change in beneficial ownership is being reported by SC US (TTGP), LTD. for Maplebear Inc.?

The filing is an amendment (SC 13D/A) and does not specify the exact percentage change in beneficial ownership in this excerpt, but it updates information related to the group members.

Who are the key individuals associated with this filing from the Sequoia Capital group?

Douglas Leone and Roelof Botha are listed as group members in this filing.

What is the primary business of Maplebear Inc. according to the filing?

Maplebear Inc. is classified under SERVICES-BUSINESS SERVICES, NEC [7389].

When was this SC 13D/A filing submitted to the SEC?

The filing was submitted on November 21, 2024.

What is the business address of Maplebear Inc.?

Maplebear Inc.'s business address is 50 BEALE STREET, SUITE 600, SAN FRANCISCO, CA 94105.

Filing Stats: 4,888 words · 20 min read · ~16 pages · Grade level 7.2 · Accepted 2024-11-21 18:50:56

Key Financial Figures

Filing Documents

From the Filing

SC 13D/A 1 d864571dsc13da.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. 5)* 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 November 19, 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 GLOBAL GROWTH FUND II, L.P. (SEQUOIA CAPITAL GLOBAL GROWTH FUND II) 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 0 9. Sole Dispositive Power 0 10. Shared Dispositive Power 0 11. Aggregate Amount Beneficially Owned by Each Reporting Person 0 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% 1 14. Type of Reporting Person (See Instructions) PN 1 Based on a total of 256,894,776 shares of Class A common stock as of October 31, 2024, as reported in the Issuers Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 13, 2024. 1. Names of Reporting Persons. SEQUOIA CAPITAL GLOBAL GROWTH II PRINCIPALS FUND, L.P. (SEQUOIA CAPITAL GLOBAL GROWTH II 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 Beneficially Owned by Each Reporting Person With 7. Sole Voting Power 0 8. Shared Voting Power 0 9. Sole Dispositive Power 0 10. Shared Dispositive Power 0 11. Aggregate Amount Beneficially Owned by Each Reporting Person 0 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% 1 14. Type of Reporting Person (See Instructions) PN 1 Based on a total of 256,894,776 shares of Class A common stock as of October 31, 2024, as reported in the Issuers Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 13, 2024. 1. Names of Reporting Persons. SEQUOIA CAPITAL U.S. GROWTH FUND VII, L.P. (SEQUOIA CAPITAL U.S. GROWTH FUND VII) 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 0 9. Sole Dispositive Power 0 10. Shared Dispositive Power 0 11. Aggregate Amount Beneficially Owned by Each Reporting Person 0 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% 1 14. Type of

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