3 ms·
It is very hard to believe that the implied size of Door Dash's market (vis-à-vis their valuation) is realistic and/or sustainable given their business model.
by xibalba 6y ago
It is very hard to believe that the implied size of Door Dash's market (vis-à-vis their valuation) is realistic and/or sustainable given their business model.
Said another way, it seems improbable that there is a large market for unsubsidized food delivery given the very high level of unsubsidized costs/prices and the improbability of reducing the largest costs (the delivery person). And, of course, the subsidies will eventually end.
Then again, what do I know? Circa 2012, I was certain Facebook would eat Twitter's lunch.
- fractionalhare 6y agoThe logical next step for Doordash is to transition from a food delivery company to a last mile logistics company for all kinds of packages. If that model proves out the market would be considerably larger.
- sjg007 6y agoGroceries would be a good start.
- sjg007 6y ago>Circa 2012, I was certain Facebook would eat Twitter's lunch. I think they serve different markets. Twitter is more public facing and basically ephemeral status updates. That and you can follow almost anyone and ignore the trolls, retweets. Facebook has more personal information, pictures and friend relationships. You don't really want trolls spamming your FB visible to everyone. In fact that's what makes FB unattractive.