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So, they are unlikely to grow the market (it is more likely to shrink as people cut back on this relatively expensive way to get food), they are unlikely to gro
by rossdavidh 4y ago
So, they are unlikely to grow the market (it is more likely to shrink as people cut back on this relatively expensive way to get food), they are unlikely to grow market share (they are already one of the biggest players in the restaurant delivery market), and they are currently unprofitable, and always have been. I don't see what is going to keep them from just burning through the cash they have, then eventually shutting down. What am I missing?
- bfeynman 4y agoI too found it surprising. DoorDash has always been _fundamentally_ unprofitable with their business model. The fact they are doing layoffs rather late into the first layoff cycle seems like it's completely on a whim. Not much of their macro vision of continually losing money has changed.
- codealot 4y agoDo they have a path to profitiability by improving their software efficiency so it costs less to run their systems?