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by notyourday 3027 days ago
Creative accounting at its finest.

Company is either GAAP profitable, pro-forma profitable, EBITDA profitable, cashflow profitable, cashflow neutral or money losing. All other metrics are creative accounting that put lipstick on a pig masking money losing status.

DoorDash is money losing.
1 comments
bfrog 3027 days ago
Which is amusing given they don't have to pay the actual labor to deliver goods or make food. Are they set up in the valley paying mega wages perhaps?
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ac29 3027 days ago
Not sure why you think they don't pay their drivers. The exact amount is unclear, but according to this FAQ [0], it is "at least $1" per order, and at least a variable "guaranteed amount" that door dash will pay up to, regardless of customer tips.

[0] https://dasherhelp.doordash.com/new-dasher-pay-model-faq

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