Turner Novak: $30 million per store sets high expectations for technology and speed

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High store cost fuels tech demands

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Artem Shendetskii

18.04.2026

Turner Novak: $30 million per store sets high expectations for technology and speed — High store cost fuels tech demands

Turner Novak commented on the significant investment required for each new store, pointing out that at $30 million per store, advanced features such as self-driving carts and ultra-fast two-minute delivery should be included.

Novak's tweet reflects heightened expectations for the technology and efficiency that would justify such a substantial expenditure per location.

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Novak has previously tracked performance trends in venture funding, noting a VC fund that posted a 2.81x TVPI, with much of the result linked to a single SaaS unicorn. In a separate update for the first quarter of 2026, he observed that Anthropic became the most sought-after startup secondary share, overtaking SpaceX. These posts reflect Novak’s ongoing focus on investment outcomes and asset trends in technology.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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