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> Why do you think Doordash/Shopify/Stripe "knew full well" that this boom wouldn't last? In the Doordash case, it's pretty god damn obvious the boom wouldn't

> Why do you think Doordash/Shopify/Stripe "knew full well" that this boom wouldn't last? In the Doordash case, it's pretty god damn obvious the boom wouldn't last. DoorDash shot up because restaurant dining rooms were closed. As soon as restaurants started opening back up, it only makes sense that DoorDash's popularity would sink. While certainly some people will have decided "Hey, this is pretty convenient" and keep using them, I think it's absolutely bone-headed to think it wasn't going to eventually dip. > Unfortunately, the world reverted to the mean with regards to online shopping and ordering food pretty quickly in 2022 Again, completely bone-headed to have not expected this to happen.

celestialcheese 4y ago
If you are so confident that it was bone-headed to not foresee this - did you take a short position against these companies in Q4 2021? If not, why? You would have made an absolute fortune placing trades against these public companies. Here's a different way to look at it - a whole lot of people started using DD that would have never tried it during lockdowns. If those users liked the experience and convenience, then they'd stuck with it. DoorDash bet that a lot more people would stick around than actually did. DD was wrong, but I would argue that it wasn't a dumb bet given the stickiness of their product, and their excellence in execution up until that point.
- fishcrackers 4y ago
  I'm sorry but this has to be the lamest attempt at a comeback i've ever read
  - bagavi 4y ago
    Really? Lamest? Of all the comebacks you've read?
  - bagavi 4y ago
    Really? Lamest? Of all the comebacks you've read?
deltree7 4y ago
Wow, look at Mr. Nostradamus here. There is only way to prove your credentials here. Show your returns in stock market from 2018 to 2022. Else you are just a sad pathetic whiner who whines about CEOs all the time

celestialcheese 4y ago

If you are so confident that it was bone-headed to not foresee this - did you take a short position against these companies in Q4 2021? If not, why? You would have made an absolute fortune placing trades against these public companies. Here's a different way to look at it - a whole lot of people started using DD that would have never tried it during lockdowns. If those users liked the experience and convenience, then they'd stuck with it. DoorDash bet that a lot more people would stick around than actually did. DD was wrong, but I would argue that it wasn't a dumb bet given the stickiness of their product, and their excellence in execution up until that point.

fishcrackers 4y ago
I'm sorry but this has to be the lamest attempt at a comeback i've ever read
- bagavi 4y ago
  Really? Lamest? Of all the comebacks you've read?
- bagavi 4y ago
  Really? Lamest? Of all the comebacks you've read?

deltree7 4y ago

Wow, look at Mr. Nostradamus here. There is only way to prove your credentials here. Show your returns in stock market from 2018 to 2022. Else you are just a sad pathetic whiner who whines about CEOs all the time