Doordash IPO! Congrats Millionaires!!

Nov 13, 2020 29 Comments

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TOP 29 Comments
  • Twitter
    rivertree

    Go to company page Twitter

    rivertree
    You must have never been at a startup yourself if you think regular engineers at doordash will become millionaires. Only the founders and VCs will make out like bandits on this IPO.

    Btw a millionaire is nothing now. You can easily make a millionaire just by working at FANG for 3 years (and doordash employees have probably been working at DD longer than that)
    Nov 13, 2020 10
  • LinkedIn
    drElephant

    Go to company page LinkedIn

    drElephant
    Why are you bullish on DASH? Their value spiked to 16B mainly because of covid and Uber’s neglect of their eats app. I’m very neutral about the ipo β€” hope to get some other opinions on this!
    Nov 13, 2020 4
  • Google / Eng
    πŸ‘β˜οΈ

    Go to company page Google Eng

    πŸ‘β˜οΈ
    I think it's a risky business. Whoever gets drone delivery first will eat the whole market by competing heavily on price and delivery speeds, and I don't see how incumbency gives much of an advantage on that front. They basically don't have a moat
    Nov 13, 2020 4
  • Airbnb
    duoduoduo

    Go to company page Airbnb

    duoduoduo
    Poor doordash. It has been 3 days, only 20 comments less than 2k views πŸ€ͺ
    Nov 16, 2020 1
  • Airbnb / Eng
    uncertair

    Go to company page Airbnb Eng

    uncertair
    Its a good service, but they are crazily overvalued. They are trying to use Covid to get a high valuation out the door. Their usage will drop hard once things go back to normalcy and I think their stock will crash and burn in 6 months to a year. Hope the employees can cash out before that happens. Clear case of the founders, board and bankers getting greedy.
    Dec 4, 2020 0