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Leaked documents from startup Maple show the brutal economics of food delivery
- jdmichal 10y ago> The New York City-based delivery startup appears to have lost money on average on every meal in 2015 What does "on average on every meal" even mean? This seems to be just a really weird way of saying that they weren't profitable in 2015. If your profits are negative, and you "average" it by dividing by the number of meals... Big surprise, the result is still a negative number.
- crabstraggler 10y agoIts just a way to flower the language for saving face
- heisenbit 10y agoAnd shortly after breaking even "International" with even fatter margins. Amazing projections.