One of the last major consumer purchases to be brought online...
It would be a lifeline if restaurants made money from Doordash orders. Some do and for them it's been a lifeline. But many restaurants don't make any profit after the 25% cut. Pre-covid you could write it off as a…
Small group of people (investors and early employees) pull in a ton of money while a big group of people (restaurant owners and employees) face worse economic outcomes. Similarly, private mkt investors get insane…
The dichotomy between this massive IPO making the founding team and investors rich and local restaurants shuttering in record numbers (partly due to losing 25% off the top to DD with no other options) is startling. A…
One of the last major consumer purchases to be brought online...
It would be a lifeline if restaurants made money from Doordash orders. Some do and for them it's been a lifeline. But many restaurants don't make any profit after the 25% cut. Pre-covid you could write it off as a…
Small group of people (investors and early employees) pull in a ton of money while a big group of people (restaurant owners and employees) face worse economic outcomes. Similarly, private mkt investors get insane…
The dichotomy between this massive IPO making the founding team and investors rich and local restaurants shuttering in record numbers (partly due to losing 25% off the top to DD with no other options) is startling. A…