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Solid point. It's like when Uber stopped subsidizing their rides as much and people started freaking out. We get complacent thinking we deserve these services w
by willio58 3y ago
Solid point. It's like when Uber stopped subsidizing their rides as much and people started freaking out. We get complacent thinking we deserve these services with little cost, when real humans are the ones providing these services and we're essentially thinking they shouldn't make enough money to live well.
- ctoth 3y agoSee, I completely disagree with this. I am absolutely certain that the economics for these services could work if they weren't piping a majority of profits back to the bloated mothership. > A driver recently shared with me that he made $5 on a $23 ride I booked recently. If I order Doordash, the food is already way more expensive than in the restaurant. The driver gets a delivery fee. The driver gets a tip. Somehow, a $10 meal turns into $25. And there's still not enough money to pay the driver to bring me food from 5 minutes away? (I'm blind and don't have a car.) Of course there is. It's just all going to corporate. You thought Hollywood accounting was bad, wait until you learn about delivery business accounting.
- nebula8804 3y agoI don't see how you can pull enough fat out of the operation to reverse the terrible numbers that Doordash has had for years. Here is a link to their financials. They have had years of losses. [1]:https://stockanalysis.com/stocks/dash/financials/ https://stockanalysis.com/stocks/dash/financials/