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Grubhub’s warning for the on-demand food delivery space

Taken from: After that it was time to leave the auspices of the early-stage market and move to, of all things, a public company. GrubHub reported earnings this week. It went poorly. Alex wanted to riff over the company’s earnings report and what it could mean for startups that are competing with GrubHub, a leader…

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After that it was time to leave the auspices of the early-stage market and move to, of all things, a public company. GrubHub reported earnings this week. It went poorly. Alex wanted to riff over the company’s earnings report and what it could mean for startups that are competing with GrubHub, a leader in the food delivery space that DoorDash and Postmates would prefer to lead themselves.

What impact GrubHub may have on the highly-valued on-demand companies isn’t clear yet, but will be pretty damn interesting to see when it does land.

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7 Comments

7 Comments

  1. Pipidoo Experiments

    November 7, 2019 at 5:52 pm

    great!

  2. Brian Throm

    November 7, 2019 at 7:35 pm

    If doordash or postmates have growth rates significantly higher than grub hub, it likely indicates that their unit economics are not very healthy.

    Buying market share is easy if you’re investors are willing to subsidize the customers

  3. Luke r

    November 7, 2019 at 8:24 pm

    Basically saying nothing.

  4. iamdmc

    November 7, 2019 at 11:19 pm

    there’s nothing special about what they do

    anyone can, and so any and all of these companies will go DOWN FAST

    Sell now

  5. Ace Hardy

    November 8, 2019 at 1:25 pm

    ????‍????

  6. Sean Sweeney

    November 9, 2019 at 12:57 am

    PSA: grubhub is actually a buy

  7. James Carroll

    November 10, 2019 at 6:23 pm

    GrubHub is in a far better position than smaller (dying) companies like Waitr. GH is still in profit territory. We really don’t know what DD and the others will look like until their planned IPO. Slim to moderate growth for GH would be desirable rather than insane growth. Stabilization.

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Science & Technology

This Startup Aims to Put Nuclear Reactors on Floating Barges

Just two months after it emerged from stealth, Bluecore Energy raised another $50M for its mission to put small nuclear reactors on floating barges. The company says the portable plants could deliver clean power to ports, data centers and communities, pending review by the NRC and Coast Guard.

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Just two months after it emerged from stealth, Bluecore Energy raised another $50M for its mission to put small nuclear reactors on floating barges.

The company says the portable plants could deliver clean power to ports, data centers and communities, pending review by the NRC and Coast Guard.

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Science & Technology

How will Anthropic’s CEO “pace the frontier” of AI? It’s still a mystery

AI leaders are suddenly talking about “pacing the frontier,” but the specifics are still pretty fuzzy. Equity breaks down why we’re skeptical that the AI industry is actually headed for a slowdown, even as leaders at Anthropic and OpenAI say they want to put the brakes on.

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AI leaders are suddenly talking about “pacing the frontier,” but the specifics are still pretty fuzzy.

Equity breaks down why we’re skeptical that the AI industry is actually headed for a slowdown, even as leaders at Anthropic and OpenAI say they want to put the brakes on.

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Science & Technology

Dario Amodei and other AI leaders want to ‘Pace the Frontier’ but…how? | Equity Podcast

A week after an Anthropic researcher’s doomsday warning rattled the AI world, the company’s CEO Dario Amodei has outlined his plan to “pace the frontier” of AI development. The proposal leans on independent safety evaluators and coordination between AI labs in democratic countries, and it’s already picked up some industry support, along with some pointed…

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A week after an Anthropic researcher’s doomsday warning rattled the AI world, the company’s CEO Dario Amodei has outlined his plan to “pace the frontier” of AI development. The proposal leans on independent safety evaluators and coordination between AI labs in democratic countries, and it’s already picked up some industry support, along with some pointed pushback from Nvidia’s Jensen Huang.

On this episode of TechCrunch’s Equity podcast, Kirsten Korosec, Anthony Ha, and Sean O’Kane dig into whether companies can agree on what slowing down means and who gets to police it. Plus, WordPress parent Automattic’s boardroom coup, and a couple of the week’s biggest deals.

Subscribe to Equity on YouTube, Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod.

Chapters:

00:00 Intro

1:00 Dario Amodei’s plan to “pace the frontier”

5:03 Jensen Huang pushes back

9:08 Can market forces alone keep AI safe?

12:30 Third-party evaluators: how would they actually work?

15:27 Automattic’s board tries to oust Matt Mullenweg

19:31 Comparing it to OpenAI’s “the blip”

22:54 What’s at stake in who controls WordPress

24:04 May Mobility’s SPAC deal

28:42 Are SPACs back?

29:34 DoorDash invests $425M in Wonder

33:45 Outro

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