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DoorDash — Series A Delivery for every restaurant.
Four Stanford students who discovered food delivery by interviewing a Palo Alto macaroon shop. The thesis: local commerce logistics is a platform, not a feature.
Slide breakdown — 8 slides 01 COVER DoorDash ↓ Delivery for every restaurant.
02 PROBLEM 96% of restaurants don't deliver. ↓
03 SOLUTION A shared logistics layer for every local restaurant. ↓
04 TRACTION 300 restaurants, $3K in weekly GMV, growing 20% week-over-week. ↓
05 MARKET $70B US restaurant market. Delivery is a $1.6B category going to $20B. ↓
06 BUSINESS MODEL 15% restaurant commission + $5 consumer delivery fee. ↓
07 TEAM Four Stanford students who wouldn't stop reordering macaroons. ↓
08 THE ASK $17M to expand to 10 US cities. ↓