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> I get that Grubhub, DoorDash, and other industry players have created value In my opinion at least I think the premises of this is a bit questionable. A mult
by ackbar03 5y ago
> I get that Grubhub, DoorDash, and other industry players have created value
In my opinion at least I think the premises of this is a bit questionable. A multi-billion dollar company employing an army of delivery contractors, just to satisfy the whims of some guy who really wants a burrito but doesn't want to get off his couch, all whilst burning VC and now stock investor money. I think its fair to argue that while streamlining the delivery process is definitely a positive, we could do without the large number of software programmers and contractors and capital, all of which could be employed somewhere else in the economy, which might in fact lead to more value creation.
- Larrikin 5y agoDon't forget the point that most of the world was locked in their homes for a year (so disregarding the lazy man trope) and DoorDash had to rush to an IPO because even in this dream situation for a delivery company, they could barely make a profit and had to raise fees.