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
2010 Berkshire Hathaway Annual Meeting (Full Version)
[Applause] Good morning. I’m Warren, he’s Charlie. He can hear, I can see. We work together for that reason. I’d like to make one correction: in the movie, my fastball was filmed in slow motion. They tried it the regular way, and you couldn’t even see it.…
Division as equal groupings
So it looks like we have some angry cats on our hands. Yeah, yeah, they seem angry. What we want to do is think about how can we separate these angry cats. Because the only thing worse than an angry cat is 12 of them coordinating potentially to take over …
Give Me Some Slack | Dirty Rotten Survival
This is it. This is the spot, baby! See this slot right here? This is pretty good. So just confirm this is better than an RV ride to a gas station? Yeah, it’s definitely more manly. You better believe it! Right, we’ll get you down there, we’ll get some w…
My Advice For Trump and Harris With Two Weeks Left
TR Trump is Trump. People know him. Um, they’ve been listening to him for over, you know, seven years. They know exactly how he is. He’s no filter. However, he comes across as being very authentic. 45% of people hate him in America. 45% of people love hi…
Gini Coefficient and Lorenz Curve
In this video, we’re going to discuss income inequality, which is something that is often debated. Thinking about comparing countries, thinking about whether it’s an issue or not, and how to address it. To appreciate what income inequality is, let’s imagi…
Passive Income: How To Invest $100 In 2023
What’s up, Graham? It’s guys here, so imagine if you had an extra five, ten, or even twenty dollars a day deposited into your bank account without you having to do any work whatsoever. What color would your Lambo be? All right, in all seriousness, someon…