transcript · 33,254 words

DoorDash

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Well first of all, uh, is there like some rule that the graphics that you put in your S one have to be just like painfully low resolution? Welcome to season seven, episode seven of Acquired, the podcast about great technology companies and the stories and playbooks behind them. I'm Ben Gilbert, and I'm the co-founder of Pioneer Square Labs, a startup studio and venture capital firm in Seattle. And I'm David Rosenthal, and I am an angel investor and advisor to startups based in San Francisco. And we are your hosts. The year was twenty thirteen.

Everyone had just finished cracking their jokes about how every startup is just another photo sharing app. But the wave of yet another food delivery app was just getting started. Tony Shu and his co-founders were launching Palo Alto Delivery.com. Which we all know today as DoorDash. On this episode, we'll dive into how these Stanford students became one of the very few winners in the cutthroat food delivery category.

How they raised two and a half billion dollars from VC's the Softbank Vision Fund. And even sovereign wealth funds around the world. How they went up against incumbents like Grubhub and Seamless, and the even more well funded startup on a war path for world domination. Uber. This is the story of insanely fast growth.

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