POPULARITY
DoorDash, le géant américain de la livraison de repas, multiplie les manœuvres pour consolider sa position internationale. Dernier coup en date : une proposition de 3,1 milliards d'euros pour racheter Deliveroo, l'entreprise britannique bien implantée en Europe. Cette opération, révélée dimanche par Les Échos, permettrait à DoorDash d'accroître significativement sa présence sur le Vieux Continent.Fondée en 2012 à San Francisco par Tony Xu et trois associés, DoorDash est aujourd'hui le leader incontesté du secteur aux États-Unis avec 67 % de part de marché, loin devant ses concurrents Uber Eats et Grubhub. Cotée au Nasdaq depuis décembre 2020, l'entreprise a généré 10,7 milliards de dollars de chiffre d'affaires en 2024, en hausse de 24 % sur un an.Mais DoorDash ne se contente plus de livrer des repas. La plateforme californienne a élargi son champ d'action à la livraison de courses alimentaires, boissons alcoolisées et produits de grande consommation. Cette diversification, entamée il y a plusieurs années, s'est accélérée avec le rachat en 2021 de la start-up finlandaise Wolt pour 7 milliards d'euros, ce qui a permis à DoorDash d'étendre sa couverture à plus de 30 pays, notamment en Europe du Nord et de l'Est.La tentative d'absorption de Deliveroo s'inscrit pleinement dans cette stratégie. Déjà, en 2024, DoorDash avait exprimé son intérêt, mais les négociations avaient échoué sur des désaccords d'évaluation. Cette fois, Deliveroo reste prudent. Dans un communiqué, la société indique qu'« il n'y a aucune certitude qu'une offre ferme soit faite » et recommande à ses actionnaires de ne prendre « aucune mesure à ce stade ». DoorDash a jusqu'au 23 mai pour formaliser sa proposition.L'acquisition permettrait à DoorDash de se renforcer dans des marchés stratégiques, comme le Royaume-Uni, la France, l'Italie ou encore les Pays-Bas, où Deliveroo dispose d'une implantation solide.Toutefois, cette expansion ne se fait pas sans heurts. En 2025, Uber a déposé plainte contre DoorDash pour pratiques anticoncurrentielles, l'accusant d'imposer des clauses d'exclusivité à certains restaurants pour empêcher toute concurrence. DoorDash a rejeté ces accusations, affirmant que ses relations avec les restaurateurs reposent sur la qualité de ses services et leur propre préférence.L'avenir dira si cette offensive sur Deliveroo se concrétisera, mais une chose est sûre : DoorDash compte bien devenir un acteur incontournable du commerce local, bien au-delà des repas livrés à domicile. Hébergé par Acast. Visitez acast.com/privacy pour plus d'informations.
Jack Dorsey. Tony Xu ,Vinod Khosla, Peter McGuinness and Jacob DeWitte and Their Obsession with ... (aspirational)
Guest: Miki Kuusi, head of international at Doordash + CEO & co-founder of Wolt + co-founder of Slush tech conferenceBefore Miki Kuusi launched the Finnish delivery startup Wolt, which DoorDash acquired in 2022, he wasn't just another startup entrepreneur. From 2011 to 2015, Miki was the CEO of the hugely influential European tech conference Slush, which brings thousands of founders and VCs to Helsinki every winter. “You could argue that Slush was my university for things leading up to Wolt, and what I do today,” Miki says. “That's where I learned most of the core lessons that I put into action.” One thing he remembers thinking in those early days: Everything was going to be redefined by the internet.“I just wanted to get a shot at building one of these services of the next hundred years,” he says. “And that was the driving motivator for me. If the driving motivator had been money, I don't think we would be here today.”Chapters:(01:14) - Act 3 (03:36) - Unlocking local commerce (06:13) - Selling Wolt (09:27) - The competition (14:20) - DoorDash's and Wolt's origins (17:50) - “Maybe we're the idiots in the room” (22:44) - Difficult years (25:13) - Startups in Europe vs. U.S. (28:56) - Learning from DoorDash (31:51) - Market correction (35:24) - Delivery around the world (39:17) - “ Glorified recruiting companies” (42:31) - Convincing restaurants (44:11) - Slush (48:21) - The next mountain (54:13) - Ambition and concentration (59:58) - Family and distractions (01:04:34) - Email overload (01:07:07) - Time as currency (01:09:25) - Priorities and onboarding (01:15:49) - The power of culture (01:19:32) - Who Wolt and DoorDash are hiring (01:20:39) - What “grit” means to Miki Mentioned in this episode: Tony Xu, Uber, Lyft, Uber Eats, Postmates, Delivery Hero, GrubHub, DeepSeek, OpenAI, Anthropic, Kees Koolen and Booking.com, 83North, Supercell, DashPass, Wolt+, Microsoft Excel, Amazon, Parker Conrad and Rippling, Andreeseen Horowitz, Fortnite, WhatsApp, Barry's Bootcamp, and Slack.Links:Connect with MikiLinkedInConnect with JoubinTwitterLinkedInEmail: grit@kleinerperkins.com Learn more about Kleiner PerkinsThis episode was edited by Eric Johnson from LightningPod.fm
Short answer: yes. Paris is worth visiting in the winter months. In this episode, Oliver and Lina explain why, based on their combined 22 winters in Paris. Mentioned in this episode: Ice Skating at the Grand Palais A chat with Chef Tony Xu from Shang Palace (see our video here) The Petit Palais museum At the end you'll hear from Marie Segura from My Private Paris talking about the Phantom of the Opera and at the Palais Garnier, which is incidentally a lovely way to while away a winter day. This season of The Earful Tower is brought to you by the award-winning travel company My Private Paris, which specializes in tours in Paris, day trips outside Paris, and travel itineraries. See what they offer here. Get more from The Earful Tower by becoming a Patreon member, or a Substack member, or exploring the official site here.
0:00 - Intro1:10 - Meet Gokul Rajaram, on the Mount Rushmore of Silicon Valley2:19 - Gokul's relationship with Aarthi and Sriram4:00 - What is Founder Mode? And Zuck's Micromanagement6:33 - Founder Mode Vs Management Mode8:26 - Why Gokul disagrees with Paul Graham10:56 - Learnings from Google's Larry and Sergey15:58 - What were early days at Google like?18:58 - What makes a great CEO?20: 42 - How to engage with high performing executives25:45 - Why Gokul left Google to launch his own startup28:53 - Chamath's Acquisition offer31:30 - Fundraising advice for founders34:13 - Gokul's HOT take on AI startups38:10 - The evolving consumer apps landscape40:55 - Career Advice for young people48:00 - When is the right time to start a company?52:17 - Why titles don't matter1:01: 45 - Why Gokul left Facebook to join Square1:06:46 - Regret Minimization Framework1:07:28 - Gokul's Best Bet - Doordash1:13:18 - Doordash's secret hiring process1:16:11 - Sriram's favorite interview question1:17:30 - Gokul's advice for first time founders1:20:10 - Final Thoughts Follow Sriram:https://www.instagram.com/sriramk/https://twitter.com/sriramkFollow Aarthi:https://www.instagram.com/aarthir/https://twitter.com/aarthirFollow the podcast:https://www.instagram.com/aarthiandsriramshow/https://twitter.com/aarthisrirampod
Jessica Lachs is the global head of analytics and data science at DoorDash, where she's built one of the largest and most respected data organizations in tech. In her more than 10 years at DoorDash, she has served as the first general manager, responsible for launching new markets; the head of business ops and analytics; and the VP of analytics and data science. Previously, Jessica founded GiftSimple, a social gifting startup, and started her career at Lehman Brothers as an investment banking analyst. In our conversation, she shares:• How to structure and scale a high-impact analytics organization• Centralized vs. decentralized data teams• How to pick the right metric and aligning incentives• Advice for data people on how and when to push back• Lessons learned from building a global data team• How to foster a culture of extreme ownership• The role of AI in improving analytics team productivity• Advice for aspiring data leaders without formal training—Brought to you by:• Webflow—The web experience platform• Anvil—The fastest way to build software for documents• Attio—The powerful, flexible CRM for fast-growing startups—Find the transcript at: https://www.lennysnewsletter.com/p/building-a-world-class-data-org-jessica-lachs—Where to find Jessica Lachs:• X: https://x.com/jesslachs• LinkedIn: https://www.linkedin.com/in/jessica-lachs/—Where to find Lenny:• Newsletter: https://www.lennysnewsletter.com• X: https://twitter.com/lennysan• LinkedIn: https://www.linkedin.com/in/lennyrachitsky/—In this episode, we cover:(00:00) Jessica's background(04:59) Centralized vs. embedded analytics teams(10:52) The benefits of a centralized analytics team(15:10) Balancing proactive and reactive work(20:45) Advice on how to push back effectively(24:20) Hiring for curiosity and problem solving(28:57) Coming from a non-traditional background(34:40) The early days and culture at DoorDash(40:39) Encouraging cross-functional roles(44:39) Defining effective metrics(46:30) Simplifying metrics for better outcomes(55:28) Focusing on edge cases and fail states(01:00:12) Managing a global data organization(01:02:31) Leveraging AI for productivity(01:05:25) Building diverse and skilled data teams(01:08:40) Lightning round—Referenced:• How Netflix builds a culture of excellence | Elizabeth Stone (CTO): https://www.lennysnewsletter.com/p/how-netflix-builds-a-culture-of-excellence• Riley Newman on LinkedIn: https://www.linkedin.com/in/rileynewman/• Tony Xu on LinkedIn: https://www.linkedin.com/in/xutony/• Imposter Syndrome: Why You May Feel Like a Fraud: https://www.verywellmind.com/imposter-syndrome-and-social-anxiety-disorder-4156469• Stanley Tang on LinkedIn: https://www.linkedin.com/in/stanleytang/• Andy Fang on LinkedIn: https://www.linkedin.com/in/fangsterr/• Evan Moore on LinkedIn: https://www.linkedin.com/in/evanmoore/• How WeDash became the flagship employee program for DoorDash: https://careers.doordash.com/blog/wedash-doordash-employee-program-how-does-it-work• Leading with empathy | Keith Yandell (DoorDash, Uber): https://www.lennysnewsletter.com/p/leading-with-empathy-keith-yandell• The Rose Code: https://www.amazon.com/Rose-Code-Novel-Kate-Quinn/dp/006305941X• Libby app: https://libbyapp.com/• The West Wing on Prime: https://www.amazon.com/West-Wing-Complete-First-Season/dp/B000KZPG04• Alias on Prime: https://www.amazon.com/Alias-Season-1/dp/B00748O13S• Joseon sunscreens: https://beautyofjoseon.com/• Innisfree sunscreens: https://us.innisfree.com/• John Steinbeck quote: https://www.brainyquote.com/quotes/john_steinbeck_103825• Vanessa Roberts on LinkedIn: https://www.linkedin.com/in/vanessa-roberts-b8a509a/• Tia Sherringham on LinkedIn: https://www.linkedin.com/in/tiasherringham/• Elizabeth Jarvis-Shean on LinkedIn: https://www.linkedin.com/in/elizabeth-jarvis-shean-141a7966/• My Journey (Part 1): I have a job that I would never be hired for: https://www.linkedin.com/posts/jessica-lachs_anniversary-datascience-finance-activity-7216912300056727553-mEv6/?utm_source=share&utm_medium=member_desktop—Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.—Lenny may be an investor in the companies discussed. Get full access to Lenny's Newsletter at www.lennysnewsletter.com/subscribe
Jessica Livingston is a co-founder of Y Combinator, the first and most successful startup accelerator. Y Combinator has funded over 5,000 companies, 200 of which are now unicorns, including Airbnb, Dropbox, DoorDash, Stripe, Coinbase, and Reddit. Jessica played a crucial role in YC's early success, when she was nicknamed the “social radar” because of her uncanny ability to quickly evaluate people—an essential skill when investing in early-stage startups. She's also the host of the popular podcast The Social Radars, where she interviews billion-dollar-startup founders, and the author of the acclaimed book Founders at Work, which captures the origin stories of some of today's most interesting companies. In our conversation, we discuss:• How Jessica gained the affectionate title of the “social radar”• Why defensive founders are a red flag• How to develop your social radar• What she looks for in founders during YC interviews• How YC's early inexperience in angel investing led to the batch model• Her favorite stories from interviews with Airbnb, Rippling, and more• Lessons learned from hosting her own podcast• Much more—Brought to you by:• Enterpret—Transform customer feedback into product growth• Anvil—The fastest way to build software for documents• Vanta—Automate compliance. Simplify security—Find the transcript at: https://www.lennysnewsletter.com/p/the-social-radar-jessica-livingston—Where to find Jessica Livingston:• X: https://x.com/jesslivingston• LinkedIn: https://www.linkedin.com/in/jessicalivingston1/• Podcast: https://www.thesocialradars.com/—Where to find Lenny:• Newsletter: https://www.lennysnewsletter.com• X: https://twitter.com/lennysan• LinkedIn: https://www.linkedin.com/in/lennyrachitsky/—In this episode, we cover:(00:00) Jessica's background(02:42) Thoughts on being under-recognized(07:52) Jessica's superpower: the social radar(15:11) Evaluating founders: key traits and red flags(21:00) The Airbnb story: a lesson in hustle and determination(25:57) A YC success story(28:26) The importance of earnestness(32:45) Confidence vs. defensiveness(34:43) Commitment and co-founder disputes(37:46) Relentless resourcefulness(40:00) Jessica's social radar: origins and insights(43:24) Honing her social radar skills(45:44) Conviction and scams: a Y Combinator story(46:50) The interview process: challenges and insights(48:20) Operationalizing founder evaluation(49:38) Advice for building social radar skills(52:08) The “Reading the Mind in the Eyes” quiz(55:19) Jessica's podcast: The Social Radars(01:00:34) Lessons from podcasting and interviewing(01:09:58) Lightning round—Referenced:• Paul Graham's post about Jessica: https://paulgraham.com/jessica.html• Paul Graham on X: https://x.com/paulg• Robert Tappan Morris: https://en.wikipedia.org/wiki/Robert_Tappan_Morris• Trevor Blackwell on X: https://x.com/tlbtlbtlb• Y Combinator: https://www.ycombinator.com/• “The Founders” examines the rise and legend of PayPal: https://www.economist.com/culture/2022/02/19/the-founders-examines-the-rise-and-legend-of-paypal• Patrick Collison on X: https://x.com/patrickc• John Collison on X: https://x.com/collision• Brian Chesky on LinkedIn: https://www.linkedin.com/in/brianchesky/• Nate Blecharczyk on LinkedIn: https://www.linkedin.com/in/blecharczyk/• Joe Gebbia on LinkedIn: https://www.linkedin.com/in/jgebbia/• Airbnb's CEO says a $40 cereal box changed the course of the multibillion-dollar company: https://fortune.com/2023/04/19/airbnb-ceo-cereal-box-investors-changed-everything-billion-dollar-company/• Parker Conrad on LinkedIn: https://www.linkedin.com/in/parkerconrad/• Zenefits: https://connect.trinet.com/hr-platform• Goat: https://www.goat.com/• Eddy Lu on LinkedIn: https://www.linkedin.com/in/eddylu/• Drew Houston on LinkedIn: https://www.linkedin.com/in/drewhouston/• Arash Ferdowsi on LinkedIn: https://www.linkedin.com/in/arashferdowsi/• Lessons from 1,000+ YC startups: Resilience, tar pit ideas, pivoting, more | Dalton Caldwell (Y Combinator, Managing Director): https://www.lennysnewsletter.com/p/lessons-from-1000-yc-startups•Bitcoin launderer pleads guilty, admits to massive Bitfinex hack: https://www.cnbc.com/2023/08/03/new-york-man-admits-being-original-bitfinex-hacker-during-guilty-plea-in-dc-to-bitcoin-money-laundering.html• Paul Graham's tweet with the facial recognition test: https://x.com/paulg/status/1782875262855663691• SmartLess podcast: https://www.smartless.com• Jason Bateman on X: https://x.com/batemanjason• Will Arnett on X: https://x.com/arnettwill• Sean Hayes on X: https://x.com/seanhayes• The Social Radars with Tony Xu, Co-Founder & CEO of DoorDash: https://www.ycombinator.com/library/Ja-tony-xu-co-founder-ceo-of-doordash• The Social Radars with Brian Chesky: https://www.ycombinator.com/library/JW-brian-chesky-co-founder-ceo-of-airbnb• The Social Radars with Patrick and John Collison: https://www.ycombinator.com/library/Kx-patrick-john-collison-co-founders-of-stripe• The Social Radars with Brian Armstrong: https://www.ycombinator.com/library/K3-brian-armstrong-co-founder-and-ceo-of-coinbase• The Social Radars with Emmett Shear: https://www.ycombinator.com/library/KM-emmett-shear-co-founder-of-twitch• The Social Radars with Paul Graham: https://www.ycombinator.com/library/JV-paul-graham-co-founder-of-y-combinator-and-viaweb• The Social Radars with Adora Cheung: https://www.ycombinator.com/library/L0-adora-cheung-co-founder-of-homejoy-instalab• Founders at Work: Stories of Startups' Early Days: https://www.amazon.com/Founders-Work-Stories-Startups-Early/dp/1430210788• Startup School: https://www.startupschool.org/• The Social Radars with Parker Conrad: https://www.ycombinator.com/library/Ky-parker-conrad-founder-of-zenefits-rippling• Rippling: https://www.rippling.com/• Carry on, Jeeves: https://www.amazon.com/Carry-Jeeves-Dover-Thrift-Editions/dp/0486848957• Very Good, Jeeves: https://www.amazon.com/Very-Good-Jeeves-Wooster-Book-ebook/dp/B0051GST06• Right Ho, Jeeves: https://www.amazon.com/Right-Ho-Jeeves-P-Wodehouse-ebook/dp/B083FFDNHN/• Life: https://www.amazon.com/Life-Keith-Richards-ebook/dp/B003UBTX72/• My Name Is Barbra: https://www.amazon.com/My-Name-Barbra-Streisand/dp/0525429522• Clarkson's Farm on Prime: https://www.amazon.com/Clarksons-Farm-Season-1/dp/B095RHJ52R• Schitt's Creek on Hulu: https://www.hulu.com/series/schitts-creek-a2e7a946-9652-48a8-884b-3ea7ea4de273• Yellowstone on Peacock: https://www.peacocktv.com/stream-tv/yellowstone• Sam Altman on X: https://x.com/sama• Justin Kan on LinkedIn: https://www.linkedin.com/in/justinkan/• Alexis Ohanian on X: https://x.com/alexisohanian• Steve Huffman on LinkedIn: https://www.linkedin.com/in/shuffman56/• Breaking News: Condé Nast/Wired Acquires Reddit: https://techcrunch.com/2006/10/31/breaking-news-conde-nastwired-acquires-reddit/• Charles River Venture: https://www.crv.com/—Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.—Lenny may be an investor in the companies discussed. Get full access to Lenny's Newsletter at www.lennysnewsletter.com/subscribe
Casey Winters is a legendary advisor on scaling, product and growth. He's worked with companies like Airbnb, Faire, Canva, Whatnot, Thumbtack, Tinder, and Reddit. Until recently, Casey was the Chief Product Officer at Eventbrite, and has also led growth and product teams at Pinterest and Grubhub. – In today's episode, we discuss: What every marketplace founder should think about Why marketplaces are different Finding product market fit Key ingredients to scaling a marketplace Strategies for acquiring demand and supply – Referenced: Airbnb: https://airbnb.com/ Bill Gurley: https://www.linkedin.com/in/billgurley/ Blue Apron: https://www.blueapron.com/ Booking.com: https://www.booking.com/ DoorDash: https://www.doordash.com/ eBay: https://ebay.com/ Eventbrite: https://www.eventbrite.com/ Expedia: https://www.expedia.com/ Faire: https://www.faire.com/ Fermat Commerce: https://www.fermatcommerce.com/ Grubhub: https://www.grubhub.com/ Lyft: https://www.lyft.com/ Pinterest: https://www.pinterest.com/ Postmates: https://postmates.com/ Shopify: https://www.shopify.com/ Simon Rothman: https://www.linkedin.com/in/simonrothman/ Square: https://squareup.com/ Tony Xu: https://www.linkedin.com/in/xutony/ Turo: https://turo.com/ Uber: https://www.uber.com/ Zillow: https://www.zillow.com/ – Where to find Casey Winters LinkedIn: https://www.linkedin.com/in/caseywinters/ Twitter/X: https://twitter.com/onecaseman Website: https://caseyaccidental.com/ – Where to find Brett Berson: LinkedIn: https://www.linkedin.com/in/brett-berson-9986094/ Twitter/X: https://twitter.com/brettberson – Where to find First Round Capital: Website: https://firstround.com/ First Round Review: https://review.firstround.com/ Twitter/X: https://twitter.com/firstround YouTube: https://www.youtube.com/@FirstRoundCapital This podcast on all platforms: https://review.firstround.com/podcast – Timestamps: (00:00) Introduction (02:30) Ingredients for a successful marketplace (05:34) Creating scalable growth loops (08:42) Emerging marketplaces in 2024 (10:56) 2 ways to acquire supply and demand (15:39) What's unique about building a marketplace (18:27) When to focus on the demand side (23:10) Who to hire (26:22) Finding sticky customers (26:27) What Grubhub should've done (30:19) Uber versus Lyft (34:23) One thing all marketplace founders should know (34:45) Finding product market fit (40:45) Single versus multi-category marketplaces (43:02) When to expand (44:22) The best low-frequency marketplace (46:00) The product is supply, not software (50:48) No value in car-sharing (56:11) Improving supply and demand over time (61:04) The “setup, aha, and habit” framework (66:27) Avoid these marketplace mistakes (71:16) 2 people who influenced Casey's thinking
Join us as we welcome Achal Patel, Co-founder of Cabinet Health, to the podcast! Cabinet Health is a pioneering company tackling the plastic waste crisis in the $1.2 trillion pharmaceutical market. With consumers growing more conscious of their environmental impact, Cabinet Health's zero-waste solution aims to revolutionize a consumer behavior pattern unchanged for over 70 years. After appearing on Shark Tank, Cabinet Health secured partnerships with not one, but two sharks: Mr. Wonderful, Kevin O'Leary, and Tony Xu. In this week's episode, discover: Insider details of Cabinet Health's transformative Shark Tank journey. The profound impact of plastic bottles and the critical importance of recycling for our planet. The often-overlooked environmental consequences of prescription medication. Tune in for an enlightening and impactful episode!
Dalton Caldwell is Managing Director and Group Partner at Y Combinator. Prior to YC, he was the co-founder and CEO of imeem (acquired by MySpace in 2009) and the co-founder and CEO of App.net. During his time at YC, he's advised more than 35 YC unicorns, including DoorDash, Amplitude, Webflow, and Retool, and has worked across 21 different YC batches. He's also racked up more than 6,500 office hours with founders. In our conversation, we discuss:• Why founders need to adopt the mindset “Just don't die”• The most common reason startups fail• When to pivot, and characteristics of a good pivot• The concept of “tar pit ideas” and examples of bad startup ideas• Why investors say no to startups• The importance of market size in investment decisions• The pitfalls of founders over-delegating• Effective ways to talk to customers• 20 ideas Dalton is looking to fund—Brought to you by:• Eppo—Run reliable, impactful experiments• Vanta—Automate compliance. Simplify security• Coda—The all-in-one collaborative workspace—Find the transcript at: https://www.lennysnewsletter.com/p/lessons-from-1000-yc-startups—Where to find Dalton Caldwell:• X: https://twitter.com/daltonc• LinkedIn: https://www.linkedin.com/in/daltoncaldwell/—Where to find Lenny:• Newsletter: https://www.lennysnewsletter.com• X: https://twitter.com/lennysan• LinkedIn: https://www.linkedin.com/in/lennyrachitsky/—In this episode, we cover:(00:00) Dalton's background(04:41) The value of simple advice(07:04) Dalton's advice: “Just don't die”(08:39) Knowing when to stop(11:45) Deciding to pivot(14:26) Characteristics of a good pivot(17:53) Knowing when to pivot(19:03) Zip's journey and finding a market(21:22) Why Dalton says to “Move towards the mountains and the desert”(23:45) Tar pit ideas(26:49) Understanding why investors say no(29:14) The importance of market size(32:16) Avoiding over-delegation and hiring senior people too early(36:43) Why startups fail(40:30) Effectively talking to customers(45:17) Examples of startups hustling to talk to customers(48:01) Patterns of successful startups(52:05) YC's Request for Startups(55:37) Early days of Silicon Valley(01:05:33) Contrarian corner: growth hacking for early startups(01:09:28) Failure corner(01:11:15) Closing thoughts(01:12:22) Lightning round—Referenced:• Y Combinator: https://www.ycombinator.com/• Tiger Woods's website: https://tigerwoods.com/• Co-Founder Mistakes That Kill Companies & How to Avoid Them: https://www.youtube.com/watch?v=dlfjs_eEEzs• Daniel Alberson's LinkedIn post about Y Combinator: https://www.linkedin.com/posts/alberson_i-left-my-dream-job-as-a-product-manager-activity-7089677882431533056-jJ9H• Companies in Y Combinator W17 Batch: https://www.ycdb.co/batch/w17• Brex: https://www.brex.com/• Retool: https://retool.com/• Segment: https://segment.com/• Mixpanel: https://mixpanel.com/• Whatnot: https://www.whatnot.com/• Andreessen Horowitz: https://a16z.com/• Airbnb's CEO says a $40 cereal box changed the course of the multibillion-dollar company: https://fortune.com/2023/04/19/airbnb-ceo-cereal-box-investors-changed-everything-billion-dollar-company/• Rujul Zaparde on LinkedIn: https://www.linkedin.com/in/rujulz/• Zip: https://ziphq.com/• Lu Cheng on LinkedIn: https://www.linkedin.com/in/lu-cheng-973b7830/• Avoid these tempting startup tar pit ideas: https://www.ycombinator.com/library/Ij-avoid-these-tempting-startup-tarpit-ideas• Airbnb acquires Localmind to create crowdsourced advice about neighborhoods: https://skift.com/2012/12/13/airbnb-acquires-localmind-to-create-crowdsourced-advice-about-neighborhoods/• Foursquare: https://foursquare.com/• Razorpay: https://razorpay.com/• Total Addressable Market: https://www.productplan.com/glossary/total-addressable-market/• Lenny Bogdonoff on LinkedIn: https://www.linkedin.com/in/rememberlenny/• Milk Video: https://milkvideo.com/• Lessons from working with 600+ YC startups | Gustaf Alströmer (Y Combinator, Airbnb): https://www.lennyspodcast.com/lessons-from-working-with-600-yc-startups-gustaf-alstromer-y-combinator-airbnb/• How the most successful B2B startups came up with their original idea: https://www.lennysnewsletter.com/p/how-the-most-successful-b2b-startups• Collison installation: https://news.ycombinator.com/item?id=18400504• Stripe: https://stripe.com/• Patrick Collison on LinkedIn: https://www.linkedin.com/in/patrickcollison/• John Collison on LinkedIn: https://www.linkedin.com/in/johnbcollison/• Tony Xu on LinkedIn: https://www.linkedin.com/in/xutony/• Grant LaFontaine on LinkedIn: https://www.linkedin.com/in/grantlafontaine/• Ryan Petersen on LinkedIn: https://www.linkedin.com/in/rpetersen/• Lessons on building product sense, navigating AI, optimizing the first mile, and making it through the messy middle | Scott Belsky (Adobe, Behance): https://www.lennyspodcast.com/lessons-on-building-product-sense-navigating-ai-optimizing-the-first-mile-and-making-it-through-t/• YC's latest Request for Startups: https://www.ycombinator.com/blog/ycs-latest-request-for-startups• ERPs: https://www.ycombinator.com/rfs#new-enterprise-resource-planning-software• Commercial open source companies: https://www.ycombinator.com/rfs#commercial-open-source-companies• New space companies: https://www.ycombinator.com/rfs#new-space-companies• A way to end cancer: https://www.ycombinator.com/rfs#a-way-to-end-cancer• Spatial computing: https://www.ycombinator.com/rfs#spatial-computing• New defense technology: https://www.ycombinator.com/rfs#new-defense-technology• Bringing manufacturing back to America: https://www.ycombinator.com/rfs#bring-manufacturing-back-to-america• Better enterprise glue: https://www.ycombinator.com/rfs#better-enterprise-glue• Small fine-tuned models, as an alternative to giant generic ones: https://www.ycombinator.com/rfs#small-finetuned-models-as-an-alternative-to-giant-generic-ones• Reid Hoffman on LinkedIn: https://www.linkedin.com/in/reidhoffman/• Sam Altman on X: https://twitter.com/sama• Sean Parker on LinkedIn: https://www.linkedin.com/in/parkersean/• Owen Van Natta on LinkedIn: https://www.linkedin.com/in/owen-van-natta-444a7/• iMeme: https://apps.apple.com/us/app/imeme-generator/id1560021364• Marc Andreessen on X: https://twitter.com/pmarca• Picplz 1, Instagram 0 as VC firm Andreessen Horowitz chooses photo app rival: https://www.reuters.com/article/idUS2587232395/• Gustaf Alstromer—How to Get Users and Grow: https://www.youtube.com/watch?v=T9ikpoF2GH0• Getting to Yes: Negotiating Agreement Without Giving In: https://www.amazon.com/Getting-Yes-Negotiating-Agreement-Without/dp/0143118757• Founding Sales: The Early Stage Go-to-Market Handbook: https://www.amazon.com/Founding-Sales-Go-Market-Handbook-ebook/dp/B08PMK17Z1• Founder-led sales | Pete Kazanjy (Founding Sales, Atrium): https://www.lennyspodcast.com/founder-led-sales-pete-kazanjy-founding-sales-atrium/• The Sopranos on HBO: https://www.hbo.com/the-sopranos• The Wire on HBO: https://www.hbo.com/the-wire• Columbo on Prime Video: https://www.amazon.com/Columbo-Season-1/dp/B008SA89HA• Oura ring: https://ouraring.com/• Apple watch: https://www.apple.com/watch/• SiPhox: https://siphoxhealth.com/• Dalton & Michael on YouTube: https://www.youtube.com/playlist?list=PLQ-uHSnFig5Nd98Sc9I-kkc0ZWe8peRMC• How Future Billionaires Get Sh*t Done: https://www.youtube.com/watch?v=ephzgxgOjR0• The Student's Guide to Becoming a Successful Startup Founder: https://www.youtube.com/watch?v=O5KCB2p6SB8—Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.—Lenny may be an investor in the companies discussed. Get full access to Lenny's Newsletter at www.lennysnewsletter.com/subscribe
Tony Xu founded this company as a student and has since transformed it into a global leader in food delivery. Tony shares unique insights into how he made DoorDash a success, his vision for the future of delivery, the war on bits and atoms, and how to organize the physical world. Join us as we explore the world of DoorDash with the very impressive CEO.The production team on this episode were PLAN-B's Pål Huuse and Niklas Figenschau Johansen. Background research was done by Sigurd Brekke, with input from portfolio manager Irene Jensen.Links:Watch the episode on YouTube: Norges Bank Investment Management - YouTubeWant to learn more about the fund? The fund | Norges Bank Investment Management (nbim.no)Follow Nicolai Tangen on LinkedIn: Nicolai Tangen | LinkedInFollow NBIM on LinkedIn: Norges Bank Investment Management: Administrator for bedriftsside | LinkedInFollow NBIM on Instagram: Explore Norges Bank Investment Management on Instagram Hosted on Acast. See acast.com/privacy for more information.
Rosa Li is the founder and CEO of Wildwonder - a brand that's reimagining the functional soda space with its sparkling drinks infused with heritage-inspired, gut-healthy ingredients.In this episode, Rosa shares about Wildwonder's savvy omnichannel approach, the strategic importance of picking high-impact distribution channels, and how they've managed to stand out in a crowded market through a perfect blend of educating consumers and delivering innovative flavors. Episode brought to you by More StaffingJoin 15k founders and marketers & get our pod highlights delivered directly to your inbox with the DTC Pod Newsletter!On this episode of DTC pod we cover:1. Introduction to Rosa Li and Wildwonder2. Building A Unique Brand Identity3. Impact of Shark Tank Appearance4. Early Challenges and Growth Strategies5. Marketing and Distribution Focus6. Product Development and Positioning7. Educational Marketing and Consumer Engagement8. Social Media and Online PresenceTimestamps00:00 Started with teas, evolved to create convenience.07:14 Product's accessibility increased by using cans.10:28 Persistence secured co-packer for beverage production.12:05 Sold door to door during quarantine, survived.15:29 Omnichannel approach targeting customers in San Francisco.20:07 Approachable, whimsical, consistent brand with uplifting packaging.22:46 Shark Tank increased brand awareness and sales.28:08 Excited about unique beverage approach and distribution.31:23 Interest in brand growth and future opportunities.34:48 Discussing product positioning and education in marketing.36:59 Hard to educate market when starting from zero.Shownotes powered by CastmagicPast guests & brands on DTC Pod include Gilt, PopSugar, Glossier, MadeIN, Prose, Bala, P.volve, Ritual, Bite, Oura, Levels, General Mills, Mid Day Squares, Prose, Arrae, Olipop, Ghia, Rosaluna, Form, Uncle Studios & many more. Additional episodes you might like:• #175 Ariel Vaisbort - How OLIPOP Runs Influencer, Community, & Affiliate Growth• #184 Jake Karls, Midday Squares - Turning Your Brand Into The Influencer With Content• #205 Kasey Stewart: Suckerz- - Powering Your Launch With 300 Million Organic Views• #219 JT Barnett: The TikTok Masterclass For Brands• #223 Lauren Kleinman: The PR & Affiliate Marketing Playbook• #243 Kian Golzari - Source & Develop Products Like The World's Best Brands-----Have any questions about the show or topics you'd like us to explore further?Shoot us a DM; we'd love to hear from you.Want the weekly TL;DR of tips delivered to your mailbox?Check out our newsletter here and our Projects the DTC Pod team is working on:DTCetc - all our favorite brands on the internetOlivea - the extra virgin olive oil & hydroxytyrosol supplementCastmagic - AI Workspace for ContentFollow us for content, clips, giveaways, & updates!DTCPod InstagramDTCPod TwitterDTCPod TikTok ---Rosa Li - Founder and CEO at WildwonderBlaine Bolus - Co-Founder of Castmagic
Creating a successful food line requires a lot of planning and preparation. You need to think about what you will sell, how you will market your products, and how you will get customers to buy them. Here's how Rosa Li did it! Rosa Li was a private equity and venture investor at Warburg Pincus and is now a successful food line entrepreneur. Rosa's entrepreneurial journey also led her to ABC's reality TV show Shark Tank and secured a partnership with the co-founder and CEO of DoorDash, Tony Xu. Founder Rosa Li started Wildwonder in 2020 to reimagine the healing drinks of her heritage. As a child, Rosa Li was inspired by her grandma's herbal tonics to make a delicious Wildwonder beverage that combines heritage-inspired herbal knowledge with gut-healing elements. Wildwonder is the first drink to combine probiotics (beneficial gut microbes) and prebiotic plant fiber (the food that probiotics need to thrive).
Written version: https://www.justgogrind.com/p/tony-xu More about the Just Go Grind newsletter: Learn the tactics, strategies, and stories of world-class founders. I spend 20+ hours each week researching founders like Sam Altman, Melanie Perkins, and Patrick Collison, sharing the best insights with you every Sunday. Subscribe to the Just Go Grind newsletter: https://www.justgogrind.com/subscribe Upgrade to Just Go Grind premium and get: 4 founder deep dives each month Audio editions of the newsletter in a private podcast feed Access to a founder community and weekly group founder calls 1 on 1 calls with Justin, Founder of Just Go Grind Upgrade to premium: https://www.justgogrind.com/upgrade
Andy Fang is chief technology officer and a co-founder of DoorDash, the largest food delivery company in the US. Once a month, he gets into the shoes of the contractors the company hires to pick up food from restaurants and hand-deliver them to hungry customers at home or at the office. One time, Fang was trying to find the restaurant where he needed to pick up two orders, but the DoorDash app wasn't pointing him in the right direction. Searching for the restaurant's address online gave him the right address. It's this kind of error that Fang wants to encounter to be able to solve. Fang is one of a growing number of executives who occasionally do the hourly work that makes their companies hum. Starbucks', Uber's, Lyft's and even Air New Zealand's CEOs are clocking in a few hours of work to understand their employees' perspectives. Amazon also has a program encouraging employees to shadow operations workers for a week. DoorDash requires thousands of its salaried employees in the U.S., Canada and Australia to complete at least four deliveries per year under a program called WeDash. Employees are strongly encouraged to make deliveries monthly. They can use work time to complete those shifts, and they keep any money they make. DoorDash was founded in late 2012 by Tony Xu, Stanley Tang and Fang. Ten years later, more than 6 million DoorDash drivers — all independent contractors — fulfilled 1.7 billion orders worldwide just in 2022. Fang says he has made real changes to DoorDash's app based on his experiences. Another new feature, introduced recently, arose from employee feedback in WeDash. The feature, Dash Along the Way, lets drivers specify where they want to start making deliveries and then assigns them orders that they can complete en route. “It's kind of a habit in some ways, I try to do it monthly, and I think you just enjoy doing it. And if Stanley or Tony are available, sometimes we'll do it together. But it's just an opportunity for me to kind of get to know the product.” This article was provided by The Associated Press.
All three major averages posted losses, with the Nasdaq posting its worst day since February, and Cramer is looking at past selloffs to help guide investors through today's downturn. First, Cramer's continuing to dive deeper into the great white charts during Chart Week - he's joined by technician Larry Williams to look at the S&P, Nvidia, Tesla, and more. Then, can Doordash deliver gains for investors after posting better-than-expected earnings? Cramer's talking to CEO Tony Xu. Plus, Cramer's exclusive with Columbia Sportswear CEO Tim Boyle. Mad Money Disclaimer
Original content creator: The Rideshare GuyOriginally published 7/5/23 at https://www.youtube.com/watch?v=L6am3fG0ZjQDESCRIPTION:On today's show, Kim and Zach Welcome Chris and Sergio from Show Me The Money Club As our special guest tonight! We are going to be reacting to Harry's interview last week with Tony Xu and our honest opinions of the whole interview. Also, Doordash Driver sparks outrage after insulting a customer over a $5 tip, Walmart Spark Drivers protest, Have you ever delivered to you neighbor? and What would you do if a customer tips you $200 and it was a mistake? plus funny's!Support this podcast at — https://redcircle.com/the-gigtube-podcast/donations
Join Harry Campbell as he sits down to talk with DoorDash's CEO, Tony Xu where they talk about the history of DoorDash and how the new updates that were just announced this week.
President Joe Biden will tout his economic agenda in remarks today as he campaigns for a second term. The president's plan, which the White House dubbed “Bidenomics,” aims to “move beyond” the “trickle down” economic theory that it says disproportionately benefits the wealthy and big corporations. Former House Speaker Paul Ryan discusses the state of the U.S. economy, whether ‘Bidenomics' is working, and the Fed's inflation fight. DoorDash co-founder and CEO Tony Xu discusses the most significant app revamp in company history, including changes to how delivery workers get paid. Severe weather and staffing shortfalls have prompted thousands of flight delays and cancellations since the weekend. Plus, Costco is cracking down on shoppers who are using other people's membership cards.In this episode:Tony Xu, @t_xu@DoorDashPaul Ryan, @SpeakerRyanAndrew Ross Sorkin, @andrewrsorkinJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickKatie Kramer, @Kramer_Katie
Niels Lunde taler med to af verdens tungeste tech-iværksættere, Tony Xu, medstifter af DoorDash, og Miki Kuusi, medstifter af Wolt. Hvad vil de nye budtjenester? Hvad er det for et marked, der er ved at vokse op i de danske byer? 03.50: Vi vil være ”The Everything App.” 06.10: Det lærte budtjenesterne af corona. 09.27: Det handler om skala. Den, der har det største netværk, kan tilbyde forbrugerne den største bekvemmelighed. 13.30: Er budtjenesterne en mulighed eller en trussel for de små forretninger 24.00: De traditionelle logistikvirksomheder har ikke noget at frygte. Siger budtjenesterne. Tony Xu var med til at starte amerikanske DoorDash i 2013. Budtjenesten er blevet børsnoteret og har en aktuel værdi på cirka 27 milliarder dollar. Tony Xu sidder i bestyrelsen hos Meta, det tidligere Facebook. Miki Kuusi var med til at starte finske Wolt i 2014. Wolt blev overtaget for DoorDash for to år siden, og Miki Kuusi er nu leder af DoorDash's internationale forretninger uden for USA. Producer: Mie Hee Christensen. Få Niels Lundes nyhedsbrev: borsen.dk/nyhedsbreve
Ukens episode har vi vært så heldige å få besøk av DoorDash-gründer og CEO, Tony Xu, og Wolt-gründer og CEO Mikki Kuusi. De snakker om alt fra entreprenørskap, til investeringer, til viktigste metric å fokusere på, samt hva de mener er sant men andre vil være uenige med dem i. Progamleder: Lucas Weldeghebriel, journalist og gründer i Shifter. Hosted on Acast. See acast.com/privacy for more information.
Fourth straight day of losses for the major averages as regional bank worries continued to spook investors although stocks closed well off worst levels. Apple reported earnings. We have you covered from every angle with Evercore's Amit Daryanani, Fortt Pitt's Daniel Eye and Patrick Moorhead of Moor Insights and Strategy. Bespoke's Paul Hickey joined us to break down the market action from a busy Overtime of earnings, including: Block, Coinbase, Booking Holdings, Expedia and Lyft. DoorDash shares popped after a strong quarter; CEO joined Jon Fortt in an exclusive interview to talk the quarter. Randal Quarles, former Fed Vice Chair for Supervision, discussed the continued weakness in regional banks and what happens if there is another sale.
In this episode we catch up with Tony Xu, founder and CEO of the food delivery service, DoorDash. Tony and his cofounders were students at Stanford when they first launched DoorDash as a class project. Y Combinator funded them as part of its summer batch in 2013. In this episode, Tony takes us through version 1 of their idea to what is now a public company (DASH) operating in 27 countries across the globe.
Brought to you by OneSchema—Import CSV data 10x faster: https://oneschema.co/lenny | Amplitude—Build better products: https://amplitude.com/ | Coda—Meet the evolution of docs: https://coda.io/lenny—Keith Yandell started at DoorDash as Chief Legal Officer and during his tenure has also led the HR, Customer Support, Marketing, and now Corporate Development teams. In today's episode, we talk about leadership, and how to lead with empathy. We dig into DoorDash's unique culture and touch on the WeDash program, which requires every employee to complete four deliveries a year in order to better understand the customer experience. Keith shares his “How to Work with Keith” document and discusses the importance of openness in the workplace. He also gives some tips for founders on hiring, engaging with legal, and how to make big decisions when teams are competing for resources.Find the transcript for this episode and all past episodes at: https://www.lennyspodcast.com/episodes/. Today's transcript will be live by 8 a.m. PT.Where to find Keith Yandell:• Twitter: https://twitter.com/kdyandell• LinkedIn: https://www.linkedin.com/in/keith-yandell-2a947432/Where to find Lenny:• Newsletter: https://www.lennysnewsletter.com• Twitter: https://twitter.com/lennysan• LinkedIn: https://www.linkedin.com/in/lennyrachitsky/Referenced:• Gokul Rajaram on Lenny's Podcast: https://www.lennyspodcast.com/gokul-rajaram-on-designing-your-product-development-process-when-and-how-to-hire-your-first-pm-a-playbook-for-hiring-leaders-getting-ahead-in-you-career-how-to-get-started-angel-investing-more/• Ryan Sokol on LinkedIn: https://www.linkedin.com/in/ryan-sokol-00b2333/• Tony Xu on LinkedIn: https://www.linkedin.com/in/xutony/• About WeDash: https://doordash.news/culture/wedash-doordash-employee-program-how-does-it-work/• Range: Why Generalists Triumph in a Specialized World: https://www.amazon.com/Range-Generalists-Triumph-Specialized-World/dp/0735214484• Kofi Amoo-Gottfried on LinkedIn: https://www.linkedin.com/in/kofi-amoo-gottfried-3802bb3/• Tia Sherringham on LinkedIn: https://www.linkedin.com/in/tiasherringham/• Amp It Up: Leading for Hypergrowth by Raising Expectations, Increasing Urgency, and Elevating Intensity: https://www.amazon.com/Amp-Unlocking-Hypergrowth-Expectations-Intensity/dp/1119836115• Ted Lasso's quote on Twitter: https://twitter.com/TedLasso/status/1426932132417576967• Rajat Shroff on LinkedIn: https://www.linkedin.com/in/rajatshroff/• Micah Moreau on LinkedIn: https://www.linkedin.com/in/micahmoreau/In this episode, we cover:(00:00) Keith's background(03:41) The time Keith asked a potential hire if he was an a*****e(06:39) DoorDash culture(08:40) The WeDash program(13:16) How Keith was able to lead so many different teams at DoorDash(16:08) Hiring the best experts and then getting out of their way(18:21) The “How to Work with Keith” document(21:52) How and why Keith helps his employees land new jobs(27:22) How he leverages empathy to unify board members(29:26) The importance of assigning a decision maker and a time horizon for the decision(31:15) One-on-ones with Keith, and the T3 B3 framework from Uber(33:12) How to encourage constructive criticism from employees(34:49) What it's like to lead in tough times and why it can actually make your org stronger(37:42) How creating urgency compounds gains(39:11) IPO day at DoorDash(40:20) The characteristics of top founders(41:33) How the pandemic impacted DoorDash(44:40) Advice for new parents that is applicable in business (45:24) The difficulty of gaining funding(46:58) Advice for founders struggling with fundraising(48:02) How Keith developed a strong relationship with the VP of Product and Design(50:27) Building an effective BD team within a product company(52:36) How to engage with legal teamsProduction and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com. Get full access to Lenny's Newsletter at www.lennysnewsletter.com/subscribe
Welcome back to Hey Chums! We're breaking down S14 E11, as we try to not get bitten by mosquitos thanks to Kinfield, get our workouts on with Metric Mate, and soothe our bellies with Wild Wonder. Also, a very warm welcome to Tony Xu, our guest Shark & CEO of Door Dash. Tony, if you're reading this... our relationships with our partners are really not that serious. Give us a ring sometime! Hey, Chums! Welcome to the officially unofficial Shark Tank podcast, with friends & co-hosts Alyssa and Sylvie (plus: guest appearances by noted "tank guy," Ralph). We break down each episode's drama, intrigue, and offers (or lack thereof) each week, so swim on back for more chum about Lori Greiner, Mark Cuban, Kevin O'Leary, Daymond John, Barbara Corcoran, and Robert Herjavec.
In case you missed it, long-time Startup CPG community member wildwonder just aired on Shark Tank, and today, Founder Rosa Li joins us to share all the details! You don't need to pre-watch the episode to enjoy the conversation, but I definitely recommend giving Season 14, Episode 11 a watch to see Rosa make a $500,000 deal with Tony Xu, guest Shark and Founder of Door Dash. Listen in as Rosa shares about: - The process of applying for Shark Tank - How recording day works - The timing from recording to airing and how she and her team prepped - The details of the deal made on air and the post-show diligence process - How wildwonder sales grew post-airing - Why she was hoping for a deal with Tony Xu and how wildwonder hopes to leverage the DoorDash relationship - And more! We recorded this conversation less than 1 week after the episode aired on ABC and Hulu, so this is hot of the press!
The Twenty Minute VC: Venture Capital | Startup Funding | The Pitch
Miki Kuusi is the CEO of Wolt and Head of DoorDash International. In 2014 Miki founded Wolt with a mission to turn the smartphone into a remote controller for life, starting with delivering your favorite restaurant food, to you at home. Today Wolt operates in 23 countries, across several different categories, has over 4,000 employees, and last year, Doordash made the move to join forces with Wolt in a deal worth a reported $8.1BN. Previously, Miki was the CEO of Slush, one of the leading tech and investor events in the world attended by more than 25,000 people annually. In Today's Discussion with Miki Kuusi: 1.) Founding Slush and Wolt: An Entry into Startups: How did Miki come to found Wolt? What was that a-ha moment? Did Wolt have product-market-fit from Day 1? What was the turning point when they did? What does Miki know now that he wishes he had known when he started Wolt on Day 1? 2.) The Makings of a Truly Great Leader: How does Miki define "high performance" today in leadership? How does Miki think about what focus means in leadership? What is the hardest decision Miki has had to make when it comes to focusing the company? What did he learn from Ilkka @ Supercell? What does Miki believe is the KPI of success as the CEO? How does it change? What does Miki believe is the difference between good vs great leadership? What does Miki believe is the biggest sacrifice he has made as the CEO? 3.) Hiring a Team to Compete on a Global Stage: How does Miki use compensation to create a culture of ownership and accountability? Does Miki start from a position of trust and it is there to be lost or no trust and it is there to be gained? What is the difference between a team and a family in company building? What is the core difference between trust and safety in company building? Why does Miki always want to have trust but not want to have safety? What are the single biggest hiring mistakes that Miki has made? How has he learned from them? Why does Miki believe you do not want to hire people that have done it before but hire the people who have seen those people do it before? Why does Miki believe most companies are merely glorified recruiting operations? Does Miki believe that companies need to be as big as they have grown into, headcount-wise? 4.) Miki Kuusi: The Personal Journey What single day was the hardest day of the Wolt journey for Miki? How did it change him? Why does Miki believe that for their Series B, all-bar one VC turned them down? How does Miki assess his own relationship to risk and money today? Why is Miki an advocate for founders taking secondaries along the journey? What can Europe do to become a powerhouse in tech moving forward? Why did Miki decide to sell the company to Doordash? What is he most excited to learn from Tony Xu, Doordash Founder and CEO? Items Mentioned in Today's Episode: Miki's Favourite Book: The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers
DoorDash CEO Tony Xu speaks with Emily Chang in the latest episode of Studio 1.0See omnystudio.com/listener for privacy information.
In der Mittagsfolge sprechen wir mit Dennis Bauer, Co-Founder von Gigs, über die erfolgreich abgeschlossene Series-A-Finanzierungsrunde in Höhe von 20 Millionen US-Dollar. Gigs hat eine Telecom-as-a-Service Plattform entwickelt, die es Unternehmen ermöglicht, eigene Mobilfunkverträge über eine einfach zu bedienende API anzubieten. Mit Gigs kann jedes Unternehmen eigene eSIM und SIM-fähige Mobilfunkangebote jeglicher Größe auf Mobilfunknetzen weltweit anbieten. So können Unternehmen ihren eigenen Mobilfunkdienst starten und haben gleichzeitig volle Kontrolle über den Markenauftritt und die Preisgestaltung. Der gehostete Checkout namens Gigs Connect ist für hohe Konversionsraten beim Endkunden optimiert. Dabei ist er vollständig als White-Label-Lösung konzipiert und lässt sich einfach über einen Link in das Produkt des Kunden einbinden. Über das Dashboard ist jederzeit ein vollständiger Überblick über alle Abonnements, Zahlungen und Analysen ersichtlich. Durch dieses Angebot können Unternehmen laut Angaben von Gigs 20-mal schneller, einfacher und kostengünstiger Mobilfunkangebote erstellen. Zahlreiche Unternehmen, die von Neobanken über Mitarbeiterverwaltungsplattformen bis hin zu Hardware-OEMs reichen, vertrauen auf die flexible Lösung des jungen Technologieunternehmens. Gigs wurde im Jahr 2020 von Hermann Frank und Dennis Bauer in San Francisco gegründet und beschäftigt derzeit über 30 Mitarbeitende in den USA und Europa. In einer Series-A-Finanzierungsrunde hat die Telecom-as-a-Service Plattform nun 20 Millionen US-Dollar unter der Führung von Gradient eingesammelt. Der auf KI fokussierte Venture-Fonds von Google unterstützt Founder beim Aufbau von transformativen Unternehmen. Der Fonds konzentriert sich darauf, Gründerinnen und Gründern zu helfen, die Herausforderungen bei der Entwicklung neuer Technologieprodukte zu meistern, indem er die neuesten Best Practices zur Verfügung stellt. Zudem haben sich YC Continuity, Crane Venture Partners, Speedinvest und BoxGroup an der Runde beteiligt. Business Angels wie u.a. Dara Khosrowshahi, Tony Xu, Fidji Simo, Hanno Renner und Max Tayenthal haben die Serie A ebenfalls unterstützt. Mit dem frischen Kapital möchte Gigs sein Team erweitern und seine technische Infrastruktur weiter ausbauen, um die schnell wachsende Nachfrage zu bedienen. Infos der Werbepartner: ROQ: Gehe jetzt auf roq.tech/daily und erhalte die komplette Plattform 3 Monate lang for free.
Our anchors begin today's show with Satori Fund Founder Dan Niles offering his predictions for how the market could respond to this week's Fed meeting. Then, DoorDash Co-Founder and CEO Tony Xu joins for an exclusive interview on the delivery platform's new partnerships, consumer sentiment and outlook for inflation. Next, Morgan Stanley analyst Erik Woodring takes a deep dive into the demand picture for Apple's new iPhones, and Bessemer Venture Partners' Elliott Robinson discusses the volatility weighing on software stocks. Later, CNBC's Kristina Partsinevelos reports on chipmaker Nvidia's latest product announcements.
Ryan Broderick is the Co-Founder & CEO of Darwin Homes. Darwin Homes is a real estate investment management platform focused on the single-family rental opportunity, enabling investors to invest anywhere simply with confidence. Darwin has raised just under $50m in venture capital from Khosla Ventures, Camber Creek, Fifth Wall, Canvas Ventures, Tony Xu, Ryan Graves, Ryan Roslansky, and other technology leaders. Prior to founding Darwin Homes, Ryan was part of the founding team at DoorDash. During his tenure at DoorDash, he built and led the first Launch team, which was tasked with scaling the DoorDash operation from Silicon Valley to over 250 cities in the US. He then went on to build the Merchant Team responsible for Business Development, Sales, Merchant Products, and Merchant Operations. Before DoorDash, Ryan worked at JUMP Investors, an early-stage VC firm led by Randall Kaplan, the Co-Founder of Akamai Technologies. Ryan holds a B.S from the University of Southern California and an MBA from Pepperdine University. In this episode, Chris and Ryan discuss: Lessons learned from being early at DoorDash and how he applied those principles to property management How they enter a market and all that happens How they've approached single-family property management from first principles to building revolutionary tools for owners Future opportunities that can be done when Darwin hits scale, including new resident monetization strategies Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.com Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/ Follow Chris on Twitter: www.Twitter.com/FortWorthChris Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/ Subscribe to The Fort on YouTube: https://www.youtube.com/channel/UCuJ32shRt8Od3MxMY-keTSQ Follow The Fort on Instagram: www.Instagram.com/TheFortPodcast (2:58) - Ryan's early career with Doordash (16:40) - What was the initial thesis for Darwin Homes? (26:55) - What does scale give Darwin that the local PM will never have? (30:55) - What do you mean by the Surface Area in Property Management? (32:40) - What does a great engineering culture look like? (36:13) - How does the best idea win when you're first building a product that needs to 10x? (38:58) - What happens from Day 0 of entering a new market? (42:22) - How do you source vendors in a market? (48:00) - What makes a good city for Darwin to enter? (49:22) - Darwin's Build-to-rent operation (50:12) - Why do you have an acquisitions team within a property management company? (56:38) - Ryan's vision for Darwin (1:01:30) - How big is the SFR & BFR market getting? (1:04:53) - What do institutional owners care about and what do retail owners care about? (1:08:11) - Are we moving to a world where people rent homes sight unseen? (1:11:38) - Resident Monetization (1:15:10) - Is there room for managing homes for homeowners? (1:19:31) - Do you have any desire to buy property managers in other markets? (1:21:06) - Are the people you're hiring already in the PM industry? (1:23:11) - Thoughts on construction (1:27:03) - What are you seeing going on in VC given everything happening in the economy? (1:36:29) - Thoughts on Blue Collar work (1:47:19) - Shooting the shit and bouncing business ideas off each other
Our anchors start today's show looking at the recent sharp declines in the Nasdaq with CNBC's Mike Santoli. Then, Craft Ventures Co-Founder David Sacks offers his perspective on the downturn, and DoorDash Co-Founder and CEO Tony Xu joins to discuss the food delivery platform's latest earnings. Next, Invesco Global Head of ETFs and Indexed Strategies Anna Paglia and CalSTRS CIO Christopher Ailman share their outlook for the volatility in tech. Later, our Julia Boorstin breaks down the losses facing social media, entertainment and communications stocks, and CNBC's Kristina Partsinevelos looks at some of the top gainers and laggards in tech amid the ongoing turbulence.
Few have dominated the podcast arena like Guy Raz. Raz co-created National Public Radio's "How I Built This," "Wow in the World" and "TED Radio Hour." From program intern to podcast virtuoso, Raz has worked in many capacities at the broadcast media organization with highly successful results—his podcasts garner more than 19 million downloads per month. It's no surprise why, as his programs welcome thought-provoking guests in a format that combines narrative storytelling with insightful advice. In his new book, How I Built This: The Unexpected Paths to Success from the World's Most Inspiring Entrepreneurs, Raz shares highlights and lessons from the more than 100 entrepreneurs he's interviewed as host for "How I Built This." From planning a timeline for corporate development to making a good idea profitable, Raz has insights galore to share at INFORUM from more than four years' worth of episodes. We're pleased that Guy Raz will be joined onstage by Tony Xu. Xu is the CEO and co-founder of DoorDash, a technology company passionate about transforming local businesses and dedicated to enabling new ways of working, earning and living. Born in China, Xu came to America with his parents and grew up working in his mom's restaurant. Xu was a guest on “How I Built This” in November 2018, and prior to co-founding DoorDash in 2013, he worked in the product department at Square, led special projects for the CEO and CFO at eBay, and began his career at McKinsey & Co. SPEAKERS Guy Raz Host, “How I Built This” and “Wow in the World,” NPR; Host, “Wisdom From the Top” Podcast; Author, How I Built This: The Unexpected Paths to Success from the World's Most Inspiring Entrepreneurs; Twitter @guyraz In Conversation with Tony Xu Co-Founder and CEO, DoorDash; Twitter @t_xu In response to the COVID-19 pandemic, we are currently hosting all of our live programming via YouTube live stream. This program was recorded live in San Francisco on April 11th, 2022 by the Commonwealth Club of California. Learn more about your ad choices. Visit megaphone.fm/adchoices
How well do you know your customer? What would you do to get to know them better? Would you become a pizza delivery driver? Four guys build the first food delivery app to solve a big problem for the restaurant industry. Dave Young: Welcome to the Empire Builders podcast, teaching business owners the not so secret techniques that took famous businesses from mom and pop to major brands. Stephen Semple is a Marketing Consultant, Story Collector and Storyteller. I'm Stephen's sidekick and business partner, Dave Young. Before we get into today's episode a word from our sponsor, which is well it's us, but we're highlighting ads we've written and produced for our clients. So here's one of those. [Armadura Ad] Dave Young: Stephen, I know we want to record another episode here but I'm a little hungry, a little snackish. I know we're sitting here in different cities. I thought maybe I'd get some DoorDash coming in. Stephen Semple: Get some food delivery, baby. Dave Young: It's been a big deal the last year and a half in the whole pandemic thing. Stephen Semple: We're going to talk about DoorDash and you're absolutely right, it has been a big deal and it's interesting when you think about these companies were formed before the pandemic and then the pandemic came along and just boosted them into a whole new stratosphere. There's now a whole collection of them fighting out for dominance. But DoorDash is interesting and there's a few things that we can learn from DoorDash. So DoorDash was founded in Palo Alto, in the fall of 2012 by Tony Xu, Andy Fang, Stanley Tang and Evan Moore. They were all students at Stanford University at the time. Now today, nine years later, so they went from zero to a nine years they're doing $3 billion in sales and have 3,800 employees. They went public in December of 2020 and they raised $3.37 billion. Dave Young: Okay. Stephen Semple: Now I know there's a lot of controversy around DoorDash because they're losing money and there's questions about whether this is really good for the restaurant business but you know what, when somebody goes and in nine years makes a business that goes from zero to being a billion dollar business, I think they're worth paying attention to and there's probably a lesson or two in there. Dave Young: There's some empire building going on there for sure. Stephen Semple: There's a little bit of empire building going on and this is what this podcast is all about. Right? So Tony Xu and the team were students at Stanford. While they were in Stanford, they built an app for small business and specifically restaurants and one of the reasons why Tony Xu was interested in restaurants is when he was growing up, his mom ran a restaurant and he did all sorts of work in restaurants and that's how she got the money and helped him get through school. So he had this natural affinity to wanting to help out restaurants and specifically small restaurants. So Tony built this app and what he started doing was going door to door, visiting potential customers. He got out of the school, had this app, went visited restaurants and he showed them this app. This app was not the DoorDash app, it was something different because what he discovered when he was showing people this app, restaurant tourists were going, yeah, I'm not interested in that but here's my problem. Dave Young: Yeah. Stephen Semple: Here's all these orders that I got in for delivery and I can't fill them because I don't have any delivery. So he, all of a sudden went, holy smoke, the problem these businesses have is food delivery. What I'm going to do is help them get these lost sales. I'm going to create something for food delivery. And he would also realize that it would be much easier to sell an app if the solution was tied to sales. Right? So anytime we tie a solution to sales, it's much easier to get people to buy it. Hark them back to episode 10,
DoorDash, a US food delivery giant, is acquiring Finland based Wolt in an all-stock deal worth €7 billion, or $8.1 billion, the company said in a press release. The acquisition “will accelerate our product development, bring greater focus to each of our markets and improve the value we provide to consumers, merchants, as well as Dashers and couriers around the world,” Tony Xu, co-founder and CEO of DoorDash said in the release. Wolt was founded in 2014 by Miki Kuusi, who will run DoorDash International and report to Xu. The Finnish company has over 4,000 employees across 23 countries. Facebook, for the first time, disclosed the prevalence of bullying and harassment on its platform, saying such content was seen between 14 and 15 times per every 10,000 views on its site in the third quarter this year, meaning the July to September period. The company said in its quarterly content moderation report that bullying and harassment content was seen between 5 and 6 times per 10,000 views of content on Instagram. Apple must comply with an order to let developers add external payment options, judge Yvonne Gonzalez Rogers ruled denying the company's motion for a stay, The Verge reported. Gonzalez had made this ruling in September in a case between Epic Games and Apple related to the iPhone maker's App Store policies. NASA is pushing back its target date for its next crewed lunar landing to 2025 instead of 2024 as originally planned, the US space agency said in a press release. NASA blames the delay on recent lawsuits over contracts for the agency's lunar lander, as well as various delays caused by the Covid-19 pandemic. The human lunar return is being planned under a programme called Artemis. NASA hopes to land the first woman and the first person of colour on the Moon this decade while working to figure out sustainable ways to live and work on the lunar surface. The programme involves the Space Launch System, a massive new rocket NASA has been developing for the past decade to send people into deep space and near the Moon in a new crew capsule called Orion, according to The Verge. (3:44) Interview: Kartikeya Bhardwaj, founder of SpoofSense on live face detection technology and beyond Face biometrics is increasingly being adopted as a means of authentication, be it just to mark attendance, or to authorise access to sensitive data. Correspondingly, spoofs are also increasing. In today's interview, Kartikeya Bhardwaj tells Forbes India about his company SpoofSense, which offers a technology to detect if a camera is seeing a real live person or if someone is trying to use an image of another person to trick the camera. Kartikeya has recently been backed by 100x.VC and has raised some additional angel funding to build out his team. Eventually, SpoofSense, as the product is also called, can be expanded to include voice biometrics as well, he says.
Join us as we talk to Jessica Lachs, VP, Analytics and Data Science at DoorDash, everyone's favorite food delivery app. In this episode, we dive into how data and technology are transforming the food delivery and restaurant industry, the role of data in solving optimization problems that arise from three-sided marketplaces, the steps involved in scaling operations at a startup, data-driven decision making, data analytics, data science, how to switch careers or enter a new industry and more! DoorDash was founded in 2013 by Tony Xu, Andy Fang, Stanley Tang and Evan Moore with a simple mission: to enable every merchant to deliver. The group of Stanford grads emerged triumphant from an industry that continues to become more competitive with a successful IPO last year. So, to what do they owe their success? Was it an industry analysis of the century using Porter's Five Forces or an exquisite blue ocean strategy? But seriously...what are they teaching over there? Asking for a friend *cough, Wharton, cough*. While there's no sole answer as to why companies succeed or fail, could the key to DoorDash's success be data? DoorDash's three-sided marketplace brings consumers, restaurants and dashers together on one platform to gather enough data to make Zuckerberg reel with excitement and jealousy at the same time. But when you're knee deep in data, how do you interpret it, action it and use it to help differentiate from the competition? Well, that's where data experts like Jessica come in! So come join the data revolution and tune in to learn more about what it really means to have a data-driven mindset. Read more about Jessica here: https://whartontechtoks.medium.com/
Our anchors kick off the morning tracking the markets with CNBC's Mike Santoli and Fundstrat's Tom Lee as the September slide intensifies. Next, we hear exclusively from DoorDash Co-Founder and CEO Tony Xu with the company announcing today that users can now buy alcohol directly through the DoorDash app. Later, we check on the markets again with CNBC's Dom Chu covering the divergences within tech. We also have Northman Trader Founder Sven Henrich to give his take on tech markets amid today's sell-off. Then, CNBC's Leslie Picker covers the performance of IPOs this year. We also have CNBC's Josh Lipton on the biggest movers in the Nasdaq today. Later, “The Contrarian” Author Max Chafkin joins to discuss his new book on Peter Thiel's influence and Silicon Valley's pursuit of power. Plus, don't miss CNBC's Kate Rooney with a news alert on Coinbase and its crypto lending program.
Tony Xu, MBA '13, says that immigrating from China at the age of five and moving around as a young kid taught him one of the keys to success — how to adapt to new environments. Influenced by his entrepreneurial and hardworking parents, Xu started Doordash in his apartment while attending Stanford Graduate School of Business. In this View From The Top interview conducted by Joy Huang, MBA '21, the cofounder and CEO of Doordash explains why problem solving means focusing on the smallest details, like working out logistics issues by making deliveries yourself. “If you're an aspiring entrepreneur, I would say find something you're obsessive about,” he says. “Because the journey to building anything of meaning, I believe, will take years, maybe decades.” See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
It's 1990 in Champaign, Illinois, and 15-year-old Tony Xu is washing dishes in the Chinese restaurant his mother manages. He wants to help people like his Mom, but it'll be many years before he hits on his solution for small businesses. Across the Atlantic, Bastian Lehmann forgets his snowboard while moving house. He can't find a way to get it shipped to him cheaply, and the idea for Postmates is born. Meanwhile, Grubhub founders Matt Maloney and Mike Evans have decided local pizza should be as easy to find online as apartments. And eventually, Uber's Travis Kalanick will recognize that food delivery is the next logical step in his booming transport empire.Listen to new episodes 1 week early and to all episodes ad free with Wondery+. Join Wondery+ for exclusives, binges, early access, and ad free listening. Available in the Wondery App https://wondery.app.link/businesswars.Support us by supporting our sponsors!Our Crowd - You can get in early on Moodify and other unique opportunities at ourcrowd.com/BW.
It's December 2011 in San Francisco. Bastian Lehmann is getting ready to launch his courier app, Postmates. But when he and his co-founders discover people want food delivered, not objects, they pivot to a business already cornered by Grubhub. Meanwhile, 30 miles away in Palo Alto, a business school student called Tony Xu is trying to figure out how to help a small macaroon shop fulfill delivery orders. His solution? DoorDash. Along with UberEats and Postmates, it will help pioneer the gig economy—and change the restaurant business forever. Listen to new episodes 1 week early and to all episodes ad free with Wondery+. Join Wondery+ for exclusives, binges, early access, and ad free listening. Available in the Wondery App https://wondery.app.link/businesswars.Support us by supporting our sponsors!
The Twenty Minute VC: Venture Capital | Startup Funding | The Pitch
Tony Xu is the CEO and Co-founder of DoorDash, the company empowering merchants to grow their businesses by offering on-demand delivery, data-driven insights, and better in-store efficiency. Prior to their IPO in December 2020, Tony raised over $2.5Bn for DoorDash from some of the best including Sequoia, Coatue, Softbank, Kleiner Perkins and DST, to name a few. Before co-founding the business in 2013, Tony worked in Product at Square, led special projects for the CEO and CFO at eBay, and began his career at McKinsey and Company. In Today's Episode with Tony Xu You Will Learn: 1.) How did Tony make his way into the world of startups and what was that founding a-ha moment for Tony with the founding of DoorDash? What were Tony's biggest takeaways from seeing his parents work ethic at such a young age? How did it impact his operating mentality? 2.) Leadership Style: What does great leadership mean to Tony today? In what ways has Tony's leadership style changed over the DoorDash journey? How does Tony assess his own persistence and grit? Through what framework does Tony decide what to delegate vs what to control? 3.) Decision-Making & Risk: How does Tony evaluate his decision-making process today? What does Tony mean when he says, "you have to reduce the scope"? How does Tony think about understanding the interplay of different variants in a decision? Through what framework does Tony assess risk today? How has Tony's approach to risk and decision-making changed over time? 4.) Talent Acquisition: What have been Tony's biggest lessons in acquiring the best talent? What has worked well in the past? In what ways have they not acquired talent they should have acquired? What type of talent worked in the early days? How has that changed? Through what framework does Tony decide between a stretch VP and a stretch too far? 5.) Culture & Diversity: How does Tony think through the breakpoints in the scaling of culture? At what points did Tony feel the DoorDash culture was not what he wanted it to be? How did he react to change it? Through what process has Tony measured the success of DoorDash's diversity efforts? Which initiatives have worked? Are there any that have not? Item's Mentioned In Today's Episode with Tony Xu Tony's Favourite Book: Score Takes Care Of Itself: My Philosophy of Leadership As always you can follow Harry and The Twenty Minute VC on Twitter here!
Tony Xu, born and raised in China, has lived in the United States for 8 years. Despite knowing very little English upon arrival, to the point that he needed help finding the bathroom, he rose to the rank of editor-in-chief of the student newspaper at Bradley University. This conversation, as you might imagine, was spurred by the horrible recent violence against Asian-Americans - not just the incidents the media has reported in the past couple of months, but the spike in such hate crimes since the beginning of the pandemic. Tony's response to racism, and the perceived delay in the media's reporting, is very measured. Rather than allowing himself to be consumed by emotion, he reflects and tries to figure out the best way to advance progress. It begs the question: How much does that approach stem from minorities simply growing accustomed to racism in America? ************************************ This episode was presented by DUI & Behavioral Health Counseling Centers, which has offices here in northern Illinois – in Sycamore, Plano, and Crystal Lake. If you suspect you or someone you love has a problem with drinking, drugs, mental illness or anger, call 815-895-9000 today and set up an evaluation. Visit duisycamore.com for more information. ************************************ Catch me on IGTV (@40000_Steps) and Facebook Live at 11 a.m. CST every Tuesday and Thursday. Join the discussion. Bring your own snacks. ************************************ If you or someone you know would like to star on the podcast, or be interviewed on IGTV, email us at 40000steps@gmail.com. ************************************ Sign up for our free newsletter and read my regular musings in The Big Blog at 40000steps.com, where you can also read about and listen to every episode of 40,000 Steps Radio. --- Send in a voice message: https://anchor.fm/christopher-heimerman/message
My guest today is Tony Xu, co-founder, and CEO of DoorDash. Tony started DoorDash 7.5 years ago, and today it is one of the largest food delivery and logistics platforms globally, with operations in the US, Canada, Australia. In our conversation, we discuss the initial problem that DoorDash set out to solve, DoorDash’s counterintuitive approach to building their product, and the surprising benefits of capital constraints in DoorDash’s early days. DoorDash’s business model is an equal parts logistics nightmare and a human coordination problem, or as Tony puts it, a human and math problem. After talking to Tony, I feel his personality makes him a great candidate to solve those problems. For the full show notes, transcript, and links to mentioned content, check out the episode page here. ----- This episode is brought to you by Vanta. Vanta has built software that makes it easier to get and maintain your SOC 2 report at a fraction of the typical cost. Founder’s Field Guide listeners can redeem a $1k off coupon at vanta.com/patrick. ----- This episode is brought to you by LinkedIn Jobs. With LinkedIn, you get access to an active community of professionals with more than 722 million members worldwide. LinkedIn is the easiest place in the world to post a job and message qualified candidates. Getting started is easier than ever, and now you can do this all from your mobile device. When your business is ready to make that next hire, find the right person with LinkedIn Jobs. And now, you can post a job for free. Just visit linkedin.com/fieldguide to post a job for free. Terms and conditions apply. ----- Founder's Field Guide is a property of Colossus, Inc. For more episodes of Founder's Field Guide, visit joincolossus.com/episodes. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @patrick_oshag | @JoinColossus Show Notes [00:03:07] - [First question] - The catalytic moment that inspired Tony to build DoorDash [00:06:33] - Network density and its role in scalability [00:09:15] - Solving a math and sales problem simultaneously [00:11:33] - Becoming aware of multiple problem sets for restaurant owners [00:14:34] - Designing a team to quantify friction and turn it into useable data [00:16:49] - How to approach difficult problems and compartmentalize them in a practical way [00:18:38] - Accounting for high-level variance in long-term goals [00:21:54] - Factoring in time horizons for variance and planning for the future [00:23:08] - Slowing down an action process to minimize a high-consequence decision [00:26:48] - Generating demand after completing their software infrastructure [00:28:15] - Strategic choices between network health and unit economics [00:30:32] - Why DoorDash struggled to raise financing in their seed-stage [00:32:23] - Solving a small fraction of a larger logistics problem [00:35:00] - Differences between local commerce and distribution centers [00:36:44] - Creating the DashPass subscription service and how premium experiences influence user behavior [00:38:34] - Advantages and potential diminishing returns in servant leadership [00:40:41] - His broader philosophy on leadership and how it’s changed over the years [00:44:55] - Creating an incentive-aligned culture of ownership at scale [00:47:02] - The most surprising lessons learned about company building [00:50:38] - Unexpected positive outcomes that may emerge in other areas due to DoorDash’s growth in the coming years [00:53:44] - Will DoorDash’s presence change behavioral patterns in where people choose to live or start their business? [00:55:36] - What has him most excited for the future [00:56:55] - Kindest thing anyone has ever done for him
Airbnb and DoorDash went public within 24 hours of each other, yesterday released their first ever quarterly earnings reports on the same day, and are both expecting big changes to business when the pandemic recedes. In this episode, Dan and Tony Xu dig into the company's earnings report and what's next for DoorDash, delivery and restaurants. Learn more about your ad choices. Visit megaphone.fm/adchoices
This is The Founders' List - audio versions of essays from technology’s most important leaders, selected by the founder community. In the Summer of 2013, DoorDash had a dream of building a real-time local delivery network for local commerce. This episode is the reading of an internal memo by Sequoia Capital Partner Alfred Lin in 2014 focused on the market and business of DoorDash before their Series A partnership. DoorDash launched in Palo Alto, California in 2013. As of January 2020, it had the largest food delivery market share in the United States. DoorDash held its initial public offering on December 9, 2020.
DoorDash's IPO got off to a great start with shares up more than 70 percent. KCBS Contributor and Bloomberg Technology anchor and executive producer Emily Chang spoke with the company's CEO, Tony Xu, this morning before shares started trading, where she got his reaction to word that initial numbers showed the company would be valued at 46 million dollars. For more, KCBS Radio news anchor Rebecca Corral spoke to Emily about this. See omnystudio.com/listener for privacy information.
Carl Quintanilla, Jim Cramer and David Faber led off the program by drilling down on DoorDash's much-anticipated IPO, which priced at $102 per share -- above the expected range. They also spoke with DoorDash Co-Founder & CEO Tony Xu, discussing everything from the IPO to the future of the food delivery company and how it's handling the pandemic. Delta Air Lines CEO Ed Bastian also joined the program to talk about holiday travel and travel demand in wake of COVID-19 and how soon a vaccine might spark a rebound in passenger traffic. Also in focus: New record highs for the Dow and S&P 500, plus what Treasury Secretary Mnuchin is saying about the White House's stimulus proposal. Learn more about your ad choices. Visit megaphone.fm/adchoices
Tony Xu leads by breaking problems down to the lowest level of detail - almost to the point of applied mathematics. That's why he worked every step of delivery for the first year and a half that DoorDash existed as a company. Tony is committed to hiring and training employees that have a strong ownership mentality and bias towards action that spurs them to get 1% better every day. Using high-powered data and logistics, Tony wants to help small business owners serve more customers—even during the COVID-19 economic slump. Such a big task requires Tony, and his people, to break problems into smaller pieces, so that by understanding the twenty steps that go into delivery and the many steps required to helping small businesses survive and thrive, they can make good things happen for restaurants, dashers, and consumers.
When Tony Xu started DoorDash in 2013, he wanted to help local restaurants stay afloat by introducing them to online delivery. Today, his quest remains the same, now that DoorDash has become an essential business during the COVID-19 pandemic. Marcia Kilgore's footwear brand, FitFlop, is experiencing a downturn in sales as retail stores stay closed. However, Beauty Pie – her direct-to-consumer cosmetics brand – is thriving as the beauty industry goes digital. These conversations are excerpts from our How I Built Resilience series, where Guy talks online with founders and entrepreneurs about how they're navigating these turbulent times.
Last week's episode (Episode 60) involved a discussion with researchers who were looking at the non-monetary things that gig platforms can do to attract and gain loyalty. So this week I thought I'd throw my two cents in.Amazing how long I can talk with 2 cents.Here's what it all boils down to: Respect your drivers. Grubhub, Doordash, Uber Eats, Postmates, any other gig delivery platforms that use independent contractors: Respect the drivers you contract with. If you do that, it will play out into things that make us a bit more willing to work with you.At the end, we talk about an episode of the Rideshare Guy's podcast where he interviews Chris Baggott who runs a small delivery startup called Clustertruck. While there are a few things that are different (they don't work with other restaurants, they prepare their own food) their focus on things that matter to drivers helps them have a stronger relationship with the drivers than the major platforms. Could that respect set a pattern for the others?Not that Matt Maloney, Tony Xu, Bastian Lehmann or Dara Khosrowshahi would actually care to follow that pattern....To see the associated post on our website, go here:More about the EntreCourierYou can get more tips and ideas at our website, Entrecourier.comOur Podcast page is at DeliverOnYourBusiness.comSign up for our weekly Courier Nation Motivation emailGet in touch with usFollow us on FacebookFolow us on TwitterConnect with us on LinkedinFollow us on Instagram
Episode #6 In this Foundercast episode, DoorDash Co-Founder & CEO Tony Xu has a fireside chat with Vicky Howell during our SCET Newton Lecture series in the Fall of 2018. Tony shares his journey from student at Berkeley to starting DoorDash, along with thoughts on cofounder strengths, keys to validate his business, and more. DoorDash is the restaurant industry’s “last-mile” solution and has grown into a more than $4 billion leader in the on-demand space. Today, the company is also focusing efforts on an issue particularly important to Xu, using that same logistical expertise to reduce food waste with the recent launch of Project DASH. In just five years, DoorDash has become the industry standard for restaurant delivery, and recently expanded to grocery through its newest partnership with Walmart. 00:55 - Tony introduction 03:17 - Growing up in Illinois 05:49 - Family immigrant story 06:57 - Major at Berkeley 07:42 - On entrepreneurship 09:27 - Keeping sane in school 11:38 - Going to McKinsey 14:41 - Business School 18:42 - Soft skills 19:28 - What you can't fake 20:18 - DoorDash - what was not obvious 24:38 - Cofounders and backgrounds 21:23 - The first city 29:21 - Competition 31:22 - Stickler for detail 35:19 - Delivering good 39:10 - Q&A
Tony Xu, the CEO and co-founder of DoorDash, and Christopher Payne, the COO, talk with Recode's Kara Swisher about how the delivery company's busy 2018 and why it's starting to think about delivering more than food. In this episode: (01:41) Where DoorDash is now and the delivery business; (05:25) Is Amazon a competitor?; (08:07) Xu and Payne's backgrounds; (11:32) Why DoorDash succeeded where Webvan failed; (15:10) Working with big restaurants and why they don't do it themselves; (21:03) How DoorDash makes money; (25:53) The gig economy and the future of work; (30:48) Where the business could go beyond food delivery; (34:09) Why Xu started DoorDash; (36:08) The current startup environment and the image of tech; (39:31) What does it take to be an entrepreneur now?; (43:05) Raising money from SoftBank's Vision Fund; (44:55) The future of DoorDash and the future of retail stores; (50:51) Trends in shopping and the delivery business Learn more about your ad choices. Visit megaphone.fm/adchoices
In 2013, Tony Xu was brainstorming ideas for a business school project when he identified a problem he wanted to solve: food delivery. For most restaurants, it was too costly and inefficient, leaving most of the market to pizza and Chinese. Tony and his partners believed they could use technology to connect customers to drivers, who would deliver meals in every imaginable cuisine. That idea grew into DoorDash, a company that's now delivered over 100 million orders from over 200,000 restaurants across the country. PLUS in our postscript "How You Built That," we hear from the winner of our 2018 HIBT Summit Pitch Competition: Ashlin Cook. She combined her love for dogs with an entrepreneurial itch to create Winnie Lou: a Colorado business that sells healthy dog treats in independent pet stores and from a food truck.
Recode's Kara Swisher talks with DoorDash CEO Tony Xu and David Gordon, the president of The Cheesecake Factory Incorporated, at An Evening With Code Commerce 2018 in Las Vegas. Learn more about your ad choices. Visit podcastchoices.com/adchoices
This week on the podcast? DoorDash cofounder and CEO Tony Xu. He just raised more than half a billion dollars to build out his business. There’s this idea out there that today’s consumers are lazy, and that’s why we're getting stuff delivered all the time. The thing is, I don’t know about you – but the reason why I’m ordering so much delivery is because I’m so busy. That’s where DoorDash comes in. The company was cooked up by four students at Stanford four and a half years ago. One of the four, Tony Xu, is the company's 33-year-old CEO. Xu was in New York recently after raising a monster round of funding – $535 million. I sat down with him at the Nasdaq MarketSite in Times Square to find out what he's really building, and why he thinks he can beat Grubhub, Amazon, Google, and a lot more rivals lining up to take him on. Learn more about your ad choices. Visit megaphone.fm/adchoices
Tony Xu - CEO of DoorDashPeter Dalgas - CoFounder & CMO of ATLETOCara Santana - Founder of TheGlamApp
Tony Xu - CEO of DoorDashPeter Dalgas - CoFounder & CMO of ATLETOCara Santana - Founder of TheGlamApp
Tony Xu founded Door Dash as a local delivery service for Stanford students and participated in the Y Combinator incubator with his co founders while polishing the business model. Prior to co-founding Door Dash, tony worked in product at Square, led special projects for the CEO and CFO at eBay, and began his career at McKinsey and Company. He holds a B.S. with High Honors in Industrial Engineering and Operations Research from UC Berkeley and a MBA from Stanford Graduate School of Business, where he was an Arjay Miller Scholar.