This is a business that should be run by a company that can afford to lose money while subsidizing it by connecting the userbase to their other businesses, for

This is a business that should be run by a company that can afford to lose money while subsidizing it by connecting the userbase to their other businesses, for example Amazon. Basically they're sandwiched between both the vendors and the users who both want cheap price--users want cheap delivery, vendors don't want to pay a lot for delivery service. Just look at the dilution based on this single raise, I'm guessing the founders are so diluted out at this point that there's not enough motivation to go on further unless there's a black swan type success to their business. I'm guessing the only reason they're raising this much is so they can work the same strategy of growing userbase with no viable plan and then selling to a larger company like Amazon or Google, or try to merge with companies like GrubHub. Personally, I've only used doordash for their "free delivery" options, but stopped using them when I realized their "free" is not actually free, and they have hidden their cost into other parts of the price, which actually makes it much more expensive, not to mention it's unethical.