Doordash just launched their IPO with shares selling about double what was anticipated.
What does this mean for those of us who deliver for Doordash? How will this impact us?
We talk about:
- What does it mean to go public?
- How did the IPO go for Doordash?
- Why it's a miracle Doordash even got to an IPO
- Does this mean Doordash can be profitable?
- Why Doordash may struggle more than previous tech companies that went public before any signs of profitability
- How the economy and recovery from the pandemic probably mean more to Dashers than the IPO
Articles referenced:
My article from November 2019 questioning if Doordash would ever get to go public.
CNN Business article on how food delivery might be in for a reality check after the pandemic
Last week's episode discussing how the market is ripe for an alternative to the major delivery companies
Market Insiders article: Doordash is the most ridiculous IPO of 2020
Episode 7: Have an Exit Plan.
More about the EntreCourier
You can get more tips and ideas at our website, Entrecourier.com
Our Podcast page is at DeliverOnYourBusiness.com
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