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I think it's pretty obvious what problems Snapchat and DoorDash are solving. Snapchat lets people stay in touch in fun ways and DoorDash lets people eat food wi
by vecter 4y ago
I think it's pretty obvious what problems Snapchat and DoorDash are solving. Snapchat lets people stay in touch in fun ways and DoorDash lets people eat food without having to go out and get it themselves.
Maybe you personally don't find value in those companies, but hundreds of millions of people use Snapchat and tens of millions of people use DoorDash, so clearly they find value in it.
To go further on your point though, how did the Vision Fund solve any problems for entrepreneurs? It gave them a lot of money which they burned through, but then the floor fell out on businesses that weren't sustainable.
- rchaud 4y ago> Snapchat lets people stay in touch in fun ways and DoorDash lets people eat food without having to go out and get it themselves. This is a marketing pitch, not a problem. Restaurants have delivered since time immemorial and with better margins than anything Doordash has managed. The Snapchat "problem" was solved with two cans and a string. At least that was still an ad-free experience.