I hear food delivery used to make $3+ a delivery--which adds up!
The large amounts of money raised by @doordash, @uber & @Postmates lead to everyone losing $1-2 a delivery (from what I hear)
This will end in 2020, as there is no way for Doordash or Postmates to IPO unprofitably
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After a certain stage of financing growth and operations, shouldn't it behoove VCs and founders to switch focus to cash flow sustainability, to preserve equity and get a real handle on market clearing prices of services offered?
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Not disagreeing at all - yes But my question is why now the change in sentiment More curious than anything, not challenging the concept I always ask how companies plan to get profitable
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They will keep tweaking price and margins first until they have scoped the current market.
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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Roman did you know that Uber is paying hundreds of thousands of their drivers below minimum wage. In NYC 96% of drivers were being paid less than min wage. https://twitter.com/carljackmiller/status/1195671991661019136?s=21 … /
#AB5
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But as they are not employees of the company, are they really being paid below minimum?
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Čini se da učitavanje traje već neko vrijeme.
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