moxdahfox8

4 ms·

1. 1.▲
   by moxdahfox8 5y ago

   One of the last major consumer purchases to be brought online...
2. 2.▲
   by moxdahfox8 6y ago

   It would be a lifeline if restaurants made money from Doordash orders. Some do and for them it's been a lifeline. But many restaurants don't make any profit after the 25% cut. Pre-covid you could write it off as a marketing expens
3. 3.▲
   by moxdahfox8 6y ago

   Small group of people (investors and early employees) pull in a ton of money while a big group of people (restaurant owners and employees) face worse economic outcomes. Similarly, private mkt investors get insane outcomes while retail inves
4. 4.▲
   by moxdahfox8 6y ago

   The dichotomy between this massive IPO making the founding team and investors rich and local restaurants shuttering in record numbers (partly due to losing 25% off the top to DD with no other options) is startling. A small case study on how