In August 2013, Tony Xu, CEO and co-founder at DoorDash, presented to a room full of investors at YC S13 Demo Day.
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@Imanklton3 жыл бұрын
Looks promising, I hope this startup succeeds
@astro_roman3 жыл бұрын
Haha, they did the IPO today
@badiskarboul20953 жыл бұрын
their revenue by november is 1.9 billion dollars. They are doing great!
@adamlee93473 жыл бұрын
@@badiskarboul2095 earnings?
@glibaudio3 жыл бұрын
Lol
@Nanami_X_Higurama3 жыл бұрын
I love comments like this 😄😁😁
@DavidJKim-hg6nx3 жыл бұрын
Shark Tank would be like: ‘...it’s a no for me.’
@LondonConfidential3 жыл бұрын
So true.
@dejrand3 жыл бұрын
True they'd rather invest in cupcakes and fashion lines than stuff that actual matters, they passed up on Ring for example.
@ModoNayr2 жыл бұрын
Barbara is that you?
@jasonacurry4 ай бұрын
They'd be like "I want 10 cents from every order for perpetuity".
@Secretlyanothername14 күн бұрын
Different business model. They're about ripping off business owners and taking from profitable businesses
@shannons18863 жыл бұрын
Wow. This demo is perfect. Traction is ridiculous. Well done DD team!
@AmericazGotTalentYT2 жыл бұрын
insane that this was in 2013. YC got an insane deal out of this. What a beast
@dejrand3 жыл бұрын
The key takeaway I got from this is while yes they had big competition, they found a way to do things differently and much better, they provided a service in delivery while the others just did menu sharing. Thats why they survived if they tried to do the same thing they would've failed, now they all caught on and all deliver but it's too late they've already ate up the market. When you start a company in a competitive field, find a unique angle on the problem that no one is adressing. Otherwise you will feel the crush of intense competition and higher budgets.
@AladynG2 жыл бұрын
key : provide a service that's cheaper and faster
@sssss4644 Жыл бұрын
@@AladynG never consider cheaper as a solution
@toekneema3 жыл бұрын
incredibly articulate and clear presentation
@badiskarboul20953 жыл бұрын
They made 1.9 billion dollars so far this year! So inspiring
@akatheking823 жыл бұрын
not profit, revenue.
@badiskarboul20953 жыл бұрын
@@akatheking82 of course and it's beyond impressive
@keemkorn3 жыл бұрын
@@badiskarboul2095 If I make 1000 dollars, but have 999 dollars of debt to pay, then my 1000 dollars of revenue is no longer impressive. How is that any different here? The food courier service is a fleeting market.
@badiskarboul20953 жыл бұрын
@@keemkorn good point
@ziz91133 жыл бұрын
@@keemkorn well in this case, when you pay your debt you’re actually paying yourself too (your salary) so yeah
@SuperKillaki3 жыл бұрын
Not sure it’s going to work...
@rmdashrfv3 жыл бұрын
At 0:47 he describes existing courier services and why they're not ideal, and now in 2020, he's leading a company doing precisely this thing as part of their strategy
@businessacc1792 жыл бұрын
Also, "partners with merchants" has turned into robbing the merchants blind.
@YuriyBraterskyy Жыл бұрын
time to monetise market share :)
@bestlifeever12112 жыл бұрын
Fedex is now like: We are the Doordash of package delivery
@a.k.jatsanjose9637 Жыл бұрын
lol
@larryho26713 жыл бұрын
yeah! most dashers are not even making the min. pay with benefits that Fedex seasonal helpers receive.
@stockstrategyexplained57433 жыл бұрын
$1.5 million in sales (which is a lot!) to $1.9 billion is crazy. Props to them!
@rodrigo4456782 жыл бұрын
You should see their YC application video, they had something like 10k in revenue..
@TheGamingAlong3 жыл бұрын
They walked so others could run.
@yiwang21193 ай бұрын
Great presentation! This is a demo, it is for vc investors, telling amazing story is the goal.
@dfv67110 ай бұрын
10 years later, does this company still exist in 2023?
@mimi217465 ай бұрын
Yes
@roselpadilla3 жыл бұрын
This company will surely go public one day.
@user-or7ji5hv8y3 жыл бұрын
Good coherent clear message.
@shivanshubansal1124Ай бұрын
anyone here in 2024? that was a perfect pitch!
@evans24723 жыл бұрын
Great timing haha inspiring!
@internetajay3 жыл бұрын
This would never work
@kylecolley3 жыл бұрын
Great video to find on the IPO day! Congrats
@not_a_human_being3 жыл бұрын
Innocent coincidence? Or market manipulation 😈 .. just kidding! 😝
@SteveM-is1cq3 жыл бұрын
stop stealing drivers tips you lost 2 law suits total 5.5 million remember??vancouver canada ia going to start a class action suit
@martinstine Жыл бұрын
Nice presentation Tony. Great job YC
@paypalservices27243 жыл бұрын
Short the stock, thank me later. No one wants to be charged double for delivery
@user-nv2mw5cl3h7 ай бұрын
LOLLLLLLLL
@fatimah-hussain10 ай бұрын
love it, hope this startup goes far
@rdrocketandduck35732 жыл бұрын
30% Week over week that is about 841500x over year. Crazy
@jsiszero3 жыл бұрын
Uber Eats has entered the chat
@blue_floyd3 жыл бұрын
Oh yeah we also rip off driver tips and enlist restaurants w/o consent and 2 tacos, 2 burritos is like 86$ . . . But Hey! We enable every restaurant to deliver.
@hugh509352 жыл бұрын
Can someone explain how 31% week-on-week growth can look linear?
@jason184013 жыл бұрын
Wow that’s my brother so proud of him
@HopeForTheHighway3 жыл бұрын
Yeah?
@SachinDolta3 жыл бұрын
Amazing
@dangonzales4153 жыл бұрын
I've met Tony twice. Good guy
@unmiss-com3 жыл бұрын
Awesome. New techs are coming.
@ashish10verma3 жыл бұрын
Not really. Its from 2013
@khaldrogo94513 жыл бұрын
@@ashish10verma he’s a bot
@ashish10verma3 жыл бұрын
@@khaldrogo9451 Oh yes. The SEO expert with sadly only 8K subscribers.
@lllllllllIIIIIIIIIIl3 жыл бұрын
"Hi, we're DoorDash, and we extort a struggling industry with our unreasonably high fees!"
@SmokingNoirАй бұрын
are they profitable yet??
@Kabilans_selfgrowthАй бұрын
They are at 44 billion networth
@Ram-nd8cb6 ай бұрын
56% of marketshare now
@alfredndlovu3563 жыл бұрын
Amazing Pitch
@raghavddps22 ай бұрын
And the rest is history :)
@yanasosnovskaya86411 ай бұрын
now, I'm ordering from doordash hahaha
@tuckerbledsoe68163 жыл бұрын
No way this will succeed
@MaiFast3 жыл бұрын
It's from 2013 and now it's billion dollar company
@adamlee93473 жыл бұрын
Cool
@mrelec10003 жыл бұрын
Don't think this will work. Wish them the best, though.
@uberlightsign3433 жыл бұрын
11
@youcefkhemane4 ай бұрын
Vive aburob
@tinhtinhchannel98233 жыл бұрын
Co-founde Door Dash is Chinese man
@tokhmi20063 жыл бұрын
Honestly I just think today's consumers have turned into just funnels for transferring cash from one merchant to another. Think about it: you place an order for a $10 burrito. You then have to pay a delivery fee (say $3), a commission fee, taxes, tip, etc and the whole order may come out to like $15. Is it convenient? Yes. But how do you possibly justifying paying an extra 50% over and above? You work really hard for the money you earn. You should work equally hard on retaining it. But today's consumers spend very easily yet overwork themselves to the point of burnout. It makes no sense.
@MVDrudge3 жыл бұрын
Time is money! It's also the one resource you can't make more of later.
@tokhmi20063 жыл бұрын
@@MVDrudge A professional who earns more than like 200 bucks an hour can say that. Otherwise if ur a middle class person making 75 bucks an hour, you can’t really say time is money. You probably have an underoptimized investment portfolio. You probably waste money in other ways. So don’t now try to be all smart and say time is money by ordering. Say I’m lazy or suck at cooking.
@solothebest12 жыл бұрын
People use it because of the reason you just stated: CONVENIENCE. If you pay less but have a really bad experience compared to the experience you get from paying more then what is truly more valuable.
@tokhmi20062 жыл бұрын
@@solothebest1 Convenience is a euphemism for laziness.
@beastseGT Жыл бұрын
I much rather pay $5 than have to go outside and pick it up myself which could easily take like 20 minutes even if the place is walkable (I'm in NYC). I make more than enough that penny pinching doesn't make sense. I rather use my time resting and being "lazy" than put myself through something I don't enjoy.
@leesanghong803 жыл бұрын
2012120745
@jaygreenn923 жыл бұрын
I notice this introduction video is 2 minutes & 40seconds long I know had girlfriend few months before this debut in 2013 secondly this came around time of me traveling to college party in 2013 this seem somewhat convenient even tho I went for walks to get food wether it’s far or close wether it’s at broad st or wether it’s me hopping on buses or trains to get my food back than me im rather buy prepackaged food ok very protective when it comes to my food like at my old house when we had people working on the house all the time i usually leave when they come there to work on the house stepdad gave made announcements that they coming at 10 in morning also I would clean up & tuck my things this stuff they work out in the house was minor things like the water leak from to much water being on the floor from washing but leak would happen right someone wash or things not flushing or the gas tank not worker minor things I usually go downtown when came there also I never really seem them when I had a girlfriend or a girl I was dealing with like convenient for people that need someone to drop off food real quick me I usually go travel to get my food or travel to get away from the house