i am currently working at walmart san bruno as senior data analyst. recently recruiter from doordash reached and wants me to setup time with the hiring manager on the analytics team. Is it a good time to join doordash, where can i find out more abut companys financials. im on h1b so job security is the most important thing at the moment. current tc : 170k yoe : 4 yrs
I would worry about these things after getting an offer lol
Are you on ECA or ECB pay scale? And yeah, I'd go for it.
I’m biased obviously but the business is crushing, the leadership team is A+, and our business fundamentals are much more sound then the blind crew seem to think.
I just concern about the business profitability
Leadership gives you confidence in the business far as I’ve seen.
Although DD is doing well without a doubt, food delivery in general is unprofitable and DD has yet to go public so likely is not well capitalized. The market is also unlikely to look favourably upon an unprofitable company in a highly competitive space, so future financing should be in question. I’d be very hesitant to leave the security of a Walmart for an unprofitable company. Note, I’m not hating, I work at Uber eats and I recognize DoorDash is killing the game (in the US). Food delivery in general is not an industry I would recommend people go into if job security is important to you.
+1 to most of this. But one thing - Covid changed the game for food delivery. It’s not gonna be a 3 month spike in demand, but it’s gonna sustain for longer, and even going to be the norm in some families. Job security really has no definition now; who is to say AMZ or WMT will be more secure than a food delivery company in 3 months?
Why is DD unprofitable? Isn’t their cost very low? I can’t imagine how do they not make money...
dasher cost along is pretty high, and you add up operation and fraud cost, the margin is low. eventually we will acieve better efficiency with dasher able to make batch deliveries then margin will be much higher
Three sided marketplaces are expensive. After paying the restaurant, you’re left with 15-30% of the food cost. From there you need to pay the delivery person, headcount, other overhead etc.. Further there are 3-4 relevant competitors which pushes down prices and makes everyone have to promo a bunch.
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I heard DoorDash and Uber eats business model is still not fully validated. Be careful