[kpwagner]

Something has always bugged me about DoorDash. It just seems so wasteful. What does it take to get a chicken sandwich, fries, and a drink to my door? I've never pinpointed the waste, but intuitively, it just feels like there is waste at every point along the chain. So, I've only used the service once--with a gift card.

I have to admit, as a business, DASH has exceeded my expectations. 50% gross margins, high growth, and they recently posted a net profit--barring accounting fuckery. The ratio of sales & marketing to revenue is almost reasonable; I once grouped DASH with sportsbooks as "detrimental sales spend to keep a narrative going... will not end well." In the long run, if the mission is "get food to you conveniently", technology can do amazing things with time.

All of this is a little off topic. Regarding the Klarna partnership, yeah it's a dangerous service that will get misused while having a few beneficial uses. But that's basically all of consumer finance. All consumer debt is some shade of gray, good to bad.