[Nextgrid]

Even the VCs ultimately don't make a profit on it. I think the only winners here are the employees of the delivery companies who get paid hefty salaries to work on a guaranteed failure.

[slotrans]

The early VCs make money as long as they can sell their stake to a different set of VCs in a later round.

The later VCs make money if the thing IPOs before the universe proves it can never be profitable (as with Uber).

[bombcar]

The VCs could make money if everyone became dependent on it, they drove the actual delivery restaurants out of the market, and then jacked prices.

But I don’t see Dominos dropping delivery.

[Nextgrid]

Only one company must win for this to work. If they compete (and use their respective VC’s money to subsidise orders) then they all lose.