I had this same idea at 13 years old. I was about to list my phone number on craigslist and deliver to people in my town, but obviously couldn't drive. Making an app that is extremely obvious doesn't make you smart js. Its honestly a travesty that singular massive tech corporations dominate local economies and suck them dry. Imagine if that small town and restaurant actually got to keep the money that doordash/instacart/uber sucks away for random venture capitalism.
@@davidlynch7704 Your argument makes no sense. By this logic every profitable tech company in the world is "random venture capitalism". The company doesnt "suck them dry" It does the opposite. It provides the distribution that small businesses cant afford to help them sell more stuff while keeping themselves profitable. If every restaurant had the staff size and cars to deliver to an unlimited number of people then doordash wouldnt exist. The service doesnt take away anything from anyone, duh.
@@FlavorOfTheMonthChannel They are lying through their teeth. The only thing that made them successful is the money their parents had to send them to a school with that kind of recognition. 100 interviews = walked into a restaurant and asked the manager what they thought about a delivery service divide by 4 of them that's 25 stores. You can get that done in a single day. Their routing algorithms? Non-existent. They have a button the driver hits and it opens google maps, that's their navigation. The algorithm is just customer orders > find driver in closest radius to store > offer order to driver. I know people who were running food delivery services in the 2000s. You can complain all you want. Even if you interviewed 100 SMBs and identified a common problem you can solve. You would not get funding unless you come from a privileged background.
@@abab-ge2tu I’m not suggesting they are the greatest or that their presentation is good. I’m suggesting the way they went about starting the start-up is the the quintessential pattern for success, as they described in the app video.
Completely agree with you... each had tech backgrounds, met at stanford b school, conducted consumer research in the field with a common mission in mind, identified a problem, hacked together a simple solution to gauge viability, iterated their mvp, applied to yc and got accepted, raised external funding round, etc...
@@ibrand23 so basically just get into one of the highest regarded universities in the world, be apart of previous highly successful startups, make millions from that previous job and then collaborate with some other guys who also managed to make those previous steps happen.... easy right?
From stealing their drivers' tips lol. Part of me dreams about the possibility of a solar flare shutting down our electrical grid just so people like these will get the rude awakening they so greatly deserve. But, I'm also addicted to the internet so I'm in between a rock and a hard place.
@@khaldrogo9451 umm yeah look it up, they steal their drivers' tips...the part about the solar flare was just a joke although there is a possibility that a solar flare will shut down our electrical grids in the next 100 years...you can look that up too.
@@hyperone3232 umm yeah look it up, they steal their drivers' tips...the part about the solar flare was just a joke although there is a possibility that a solar flare will shut down our electrical grids in the next 100 years...you can look that up too.
The thing is, ideas like this seem so obvious in hindsight. Smartphones had truly become an extension of their owners by this point. Why had no one before thought of Doordash? A lot of billion-dollar ideas are the ones that are so simple, no one else would have tried to actually do it. I’m sure many had proposed something similar before but were met with higher-ups telling them “why would anyone need that?”
The way people consume and order food has changed. People eat out waaay more in the last 10 years than the 10 before. People would probably think "why should I pay $15 to have food delivered to me when I could get it myself in 10 minutes" where now everyone's willing to spend extra money for the convenience of not having to get up. This is also why companies that deliver premade meals to people have taken off where that was only able to be a small-scale service for rich people before.
plenty of companies started delivering food around the same time. they were not the only one. dozens of startups like this, most were bought out or went bankrupt
@@ashvio Also other countries in east asia had already implemented this idea way before 2013 so the concept of doordash is not anything new. I think whats genius is they made it work in a huge country like America
I came up with this idea when I was 5 years old in 2005. I told my parents about a service that delivers food for restaurants that don’t deliver. In my head I remember imagining somebody going through the drive through for you and then bringing it to your house 😂
Just have the introduction they had - Graduate Stanford and work at known startups in a product role - and get in to YC and get the big bucks. I'm kidding (not really), but their story is really compelling and warranted their success. Biggest point for anyone looking to get into YC and obtain funding - have the technical background (at least someone on your founding team), check your assumption of what product to build by talking to your end-user and listening to the problems that trend, build a minimal solution for your users, get some traction and expand by applying to YC and reaching out to investors.
If you had seen this video back then all of you would have rejected the idea. “What is this low quality video? Who are these goobers? Nah, this won’t work, just another one for the trash bin” It’s only because this idea ended up working that now you perceive this video as being awesome.
I lived in Shanghai from in 2010 and “Sherpas” (a service like DoorDash) was already a fully functioning business. I wish I had brought “Sherpas” to the States!
@@Tommmmmmmmmmmm Initially they targeted different markets, but as they expanded and the industry got more competitive, they are more or less the same. It's like Uber vs Lyft
"we found there were loads of delivery drivers with lots of spare time who want more work.. So the four of us actually just started working as delivery drivers.."
oh, so wholesome! i wonder what they will do with the billions they have made paying drivers $2 a delivery abd subsidizing pay onto customers. really wholesome stuff!
To everyone watching this, yes these guys do have super impressive backgrounds and it no doubt helped them get to where they wanted to go faster, but ask yourself how many of those customers cared about what degree or prestigious company they had previously worked out, and you'll see what really made the difference for them were decisions they made that anyone can make too.
The irony of this pitch, restaurant owners hate delivery apps because they charge massive fees, but if they don't use them they don't get nearly as much business
Why is it that most successful businesses are from a hand full of prestige schools?? They either are a large magnitude smarter than other ambitious people, or their given more of an opportunity
Was DoorDash profitable in 2022? DoorDash is not profitable as its net losses amounted to over $1.3 billion in 2022, compared to $468 million in net losses in 2021.Jun 7, 2023. What is keeping this company in business?
While cool as it is, the company really had not developed or invested in becoming better as of now in 2020 there is a lot of crashes, a lot of angry customers calling us drivers and also local business for "getting the order wrong" even tho the app tells them what the customer order and so on.
Guys I just hear that some guy from Harvard created a new website "TheFacebook". I don't know about him and this website, anybody already used this thing?
