Bloomberg Technology
DoorDash CE0 on the Demand For Food Delivery
As the world starts to re-open, the appetite for takeout-only has continued to grow with DoorDash seeing record numbers for food delivery orders. Bloomberg’s Emily Chang speaks with DoorDash CEO Tony Xu on “Bloomberg Technology.” (Source: Bloomberg)
Bloomberg Technology
Bain Capital Ventures Bets $1.6 Billion on AI’s Next Act
Bain Capital Ventures has raised a $1.6 billion fund to back early-stage companies built for what it calls “life after AGI.” Partner Slater Stich discusses where the firm sees opportunities across AI infrastructure, software, robotics and science, why knowledge work could be transformed first, and how BCV identifies founders capable of building the next generation…
Bloomberg Technology
OpenAI, Anthropic Safety Talks Stir Startup Concerns
AI startups are growing concerned that calls from Anthropic and OpenAI to “pace” frontier development could lead to a new regulatory framework shaped by the industry’s biggest players. Bloomberg’s Natasha Mascarenhas and Maggie Eastland discuss the reaction from founders and investors and early talks among OpenAI, Anthropic and Google DeepMind on common safety standards. Also…
Bloomberg Technology
Meta CEO Weighs In on AI Safety Debate
Bloomberg’s Ed Ludlow breaks down Mark Zuckerberg’s call for AI labs to rely on independent evaluators and advisers to ensure models are safe. Plus, OpenAI is said to be in early talks with investors about a new funding round that could value the ChatGPT maker at more than $1.2 trillion, and Impulse Space CEO Tom…
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Fall Boot
August 13, 2021 at 11:27 pm
CE0 -> CEO (regarding the title of the video)
guacaholic
August 14, 2021 at 12:09 am
Because that’s what they pay their drivers ????
Fall Boot
August 14, 2021 at 12:11 am
@guacaholic ????
L C
August 13, 2021 at 11:53 pm
Reading this as I eat my DoorDash food
guacaholic
August 14, 2021 at 12:07 am
I hope you tipped! I drive for them and they barely pay a thing. A trip that would cost 20 bucks on uber or lyft pay like $6 at most. Average is $2-4 per delivery, seriously
R. D. Barnhart
August 14, 2021 at 5:56 pm
@guacaholic Never take low paying orders. Let that shit sit on the shelf at the restaurant to get cold. Not the drivers problem
L C
August 15, 2021 at 1:16 am
@guacaholic dang. I will say I would be able to tip higher if DoorDash didn’t raise menu prices so much.
guacaholic
August 14, 2021 at 12:05 am
They need to pay their drivers more.. I just signed back up for uber bc getting 4.00 to drive 20 minutes is complete BS. And I’d say about 1 in 20 people tip a couple bucks. It’s only worth driving when the bonus areas are up, but even that will top out at $3.00 per delivery, which I would always drive during bc it offers the most possible I can make. Usually the bonus areas are $1.00, if they’re up at all. When I say a delivery will pay you $2-4.00 to drive at least 20 mins round trip, I’m not exaggerating. Its atrocious how little they pay their drivers. I’m one of them.
H
August 14, 2021 at 10:09 pm
There’s videos on YouTube where drivers are making hundreds of dollars a day. Are they BS?
8 ball181 Hand
August 16, 2021 at 3:59 am
@H they only make that kind of money in huge cities. I live in a town of less than 10k people and I’m happy to make 10 dollars an hour.
guacaholic
August 16, 2021 at 4:38 pm
Shit I’m in Baltimore and you can make a hundo in a day but you’re gonna be driving ALL. DAY.
Buzz Media
August 14, 2021 at 12:12 am
Always cringy when a person uses the trope “Look”, when starting a statement. We see it as a sign of low IQ, fear, narcissism, lack of knowledge, racism, mental health deficiency, etc. Also very ‘sus’ is how can someone who made so much money not have the ability to get a haircut that doesn’t make him look like a special needs kid?!
Ravneet Dhillon
August 14, 2021 at 12:59 am
next Amazon
S Y
August 14, 2021 at 3:04 am
Any one that order from door dash is supporting their evil empire. Bullying small businesses and their drivers. It’s a shame that people that order from it don’t know what they are doing to their drivers.
Lawrence Fearon
August 14, 2021 at 3:42 am
The smartest thing he did was incorporate insanely fast grocery store delivery like Safeway and quick safe payment like ApplePay.
Cantara Bella
August 14, 2021 at 7:46 am
DoorDash just lowered it’s driver pay, that is why. Lol. Base pay is $2 to drive your order to you before tip.
Kyle Hubb
August 14, 2021 at 1:41 pm
????. DoorDash CE0! Like C—E—Zero?! ????????
B W
August 14, 2021 at 4:44 pm
Pay drivers more money tony and stop hiding the tips just straight cheap
twiggyb67
August 14, 2021 at 9:57 pm
Customers suffer because of the low base pay . Drivers can`t cover costs to the car and time so they have to decline the orders. This gets repeatedly declined by several other drivers with the same costs and the order gets delayed greatly allowing food to cool if and when it does get picked up or canceled completely. Customers also expecting orders to travel several miles for low or no tip as well.
Chuck White
August 15, 2021 at 1:13 am
Hmm.. as a part time side DD dasher I see zero slowdown right now. If anything in my market its increasing of late.
WanderingTrader
August 15, 2021 at 2:25 am
Clicked because I saw ‘0’ and not ‘O’
John Beal
August 15, 2021 at 2:46 am
Good eye
amraKarma
August 15, 2021 at 2:12 pm
Here’s a little known fact…us drivers aren’t happy anymore.
Eric Fondriest
August 15, 2021 at 3:34 pm
I’ll never use DD and if I do I’ll never ever tip a driver ever. I used to be a driver at a pizza place and was fired because my company outsourced it to Doordash. Since then their deliveries have gone down like 50% but they make more money not paying drivers.
Also not to mention Doordash ups the prices like 50-60% and doesnt tell you, and if you just call the restaurant they’ll charge normal price then just ask for delivery.
8 ball181 Hand
August 15, 2021 at 7:09 pm
Alot of talk about customers, what about driver’s lol
Rogue Investor
August 15, 2021 at 11:53 pm
They don’t care about drivers.
MrCambosoup21
August 15, 2021 at 9:37 pm
DoorDash need to pay drivers more not reduced the base pay
Steady Stackin'
August 16, 2021 at 12:26 pm
The demand side is EZ. Executing on the operational aspect is the key with this company. Long term, its probably autonomous driving that makes this company successful
mrPmj00
August 16, 2021 at 4:34 pm
..,..,,AMAZON:
Yep, I bought a ton on the dip. It’s getting cheaper relative to its current earnings (half compared to last year).
Amazon invested $14 billion in the last quarter alone, the same as it spent in 6 months before that. It is a do not sell stock.
…With the Delta virus coming at full speed ahead, pandemic sales will make a comeback.
Amazon is investing so much money, that no competitor will ever be able to catch up.
Amazon’s not going anywhere so I know that eventually it will come back.
Fidelity considers Amazon as a large growth company (probably because as big as it is, it still only has 7% of the retail market)
Get on board or be runover, it’s up to you.