yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

DoorDash at YC Summer 2013 Demo Day


2m read
·Nov 3, 2024

Processing might take a few minutes. Refresh later.

Hi, we're DoorDash, and we enable every restaurant to deliver for customers. We offer restaurant food delivery in under 45 minutes, and for restaurant owners, we provide our own drivers and manage the logistics of delivery.

Now, you might think that food delivery is a solved problem, but if you live in Menlo Park or Palo Alto, you know that's not true. Outside of pizza joints, just about no restaurant in this area delivers. Therefore, services like Seamless or Grubhub, which merely aggregate menus but don't actually deliver, don't work. In fact, that means the market is underserved because over 70 percent of the United States live in areas where restaurants don't deliver.

Now, there are courier services that are sending people to take to place takeout orders on your behalf, but because they don't partner with the merchants, they are slower and structurally more expensive. We're the only company in this space that manages both our own logistics and partners with the merchants. We figured out the model to make consumer deliveries work because we control the entire experience of delivery. We offer the best performance at the same cost.

When an order is made in our system, it gets placed immediately at an iPad installed at the restaurant. We've also built logistics software to make it dead simple for any driver to onboard into our network. Our logistics model is winning. In over 3,500 deliveries, we've averaged 44 minute delivery times between when you place your order and when you receive your food—better than our peers.

But unlike our peers, who operate in the cities, we did this in the suburb of Palo Alto, an area that's much more spread out and more difficult. Because of our great service, we've grown our weekly orders by over 30 percent week over week, and we've already generated over 1.5 million dollars in annualized sales for our restaurants. We figured out how to make consumer deliveries work; our growth proves that.

But what's more, our driver network and logistics software enables us to even go beyond food. If you were building the FedEx of today to manage local deliveries, deliveries wouldn't happen overnight or even same day; they would happen on demand, and that's what we're building at DoorDash. If you're interested in hearing more, please come find us afterwards. Thank you!

More Articles

View All
Intro to adjectives | The parts of speech | Grammar | Khan Academy
So grammarians, we have this class of words called adjectives, and what they do is they change stuff. Adjectives change stuff. Adjectives change stuff. They’re part of this larger category of words that we call modifiers because that’s what they do. They …
Magnet making Current - Smarter Every Day 16
Hey, it’s me, Destin. I’m in Baltimore. [Mascot blows raspberries] [Destin laughs] Thanks. [Music] So let’s say you want to make yourself smarter on electronics, but you’re not, uh… You’re not really swoofed on that kinda stuff. Oh, looky here, it’s the …
Photography as Meditation | National Geographic
(serene music) [Kris] I always have a camera because I know that there’s going to be something there to photograph. The perfect shot for me, it comes out of nowhere. I want to see something that I haven’t seen before. That tree hasn’t been photographed t…
What Color Is A Mirror?
Hey, Vsauce. Michael here. And today we are going to talk about color. (Green Green, Green Green). “Gold” on, let me just “Pink” this up. “Yellow?” “Michael, “Orange” you going to come to the concert this evening?” “I “Red” about that, there are going to …
Warren Buffett: 9 Mistakes Every Investor Makes
Warren Buffett is without a doubt the most well-known and highly respected investor on the planet. He bought his first stock at just 11 years old, and now at 91 years old, that means he has been investing for 80 years. During that time, Buffett has made h…
I Spent $100,000 On A Stock Picking Monkey
What’s up you guys? It’s Graham here. So if you thought this year cannot get any more unpredictable, it just did because I have a hundred thousand dollars on the line for the sole purpose of testing an odd yet unique experiment to see whether or not a mon…