DD doesn’t get it. Still pumping revenue and proudly bleeding money like it’s 2020. Atrocious earnings with increasing loss per share while trying to boost revenue. Other more sensible companies like Uber, Lyft, Stripe all trying to become more profitable while reducing costs even if it means taking a hit on growth. How long until it falls apart for DD?
if uber is considering pips, i wonder what doordash is thinking about
Doordash is smart with their integrations into actual stores. It gives them advantage over competitors
How so? Genuinely curious.
Doordash doesn't have to do layoffs when attrition is over 50% in less than 1 year.
Why is it that high though?
Same q for google. Is culture that bad?
Today is twilio and snowflake. Their day is coming
Stupid comment. Obviously doordash is thinking about it. We’re all about efficiency in 2023 and basically only backfilling and not aggressively hiring
I use Uber Eats because they keep giving my wife and me $15 and $20 coupons. When DD gives us coupons, we'll use them too. I'm not sure how UE is surviving. I wonder if it is some kind of money laundering scheme but as long as they give us free stuff 🤷♂️.
Was about to join Doordash in Nov last year… the RSU would have been down 80% by now lol
Hi there, Head of investor relations here. Happy to answer your question. lol
Isn’t it already?
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Absurdities of the Bay Area 😒
I thought they just beat the market expectation in the last earning? But yeah not sure how sustainable their business model is
Best only in revenue which investors don’t care or want right now. Their earnings loss was worse than expectation by 20% lmao to 77 cents loss per share. This company is partying like it’s 2020
Esp given companies like uber can just add a feature that eclipses their entire tech stack...