I sure would love to know the terms of this investment. There's little chance DoorDash can IPO in this environment, and everyone knows it. So... https://t.co/FV82SfDGPS
— Shira Ovide (@ShiraOvide) November 13, 2019
“One martini is all right. Two are too many, and three are not enough.” https://t.co/t3zXwJ1OR7
— Erin Griffith (@eringriffith) November 13, 2019
this was a flat round and im honestly surprised that given the current environment it stayed propped up
— rat king (@MikeIsaac) November 13, 2019
perhaps that’s why they dont want to be public right now, since private markets tend to grade....differently (just ask uber)https://t.co/ighjlqnQhn
DoorDash is now worth $13 billion, according to recent private-market valuations. https://t.co/bi1fpB2CO9
— Lisa Abramowicz (@lisaabramowicz1) November 13, 2019
Private investors continue to put a $13 billion valuation on @DoorDash while @Grubhub trades at $3.36 billion on the NYSE. Sorry, but that math doesn't add up. https://t.co/rZk8F9bFqY
— Mike Dudas (@mdudas) November 13, 2019
$13B for an unprofitable delivery company. Ought to be interesting. https://t.co/NcCadikEG9
— Matt Rosoff (@MattRosoff) November 13, 2019
Doordash just picked up at LEAST $400M and $600M investments this year alone when they still haven't turned a profit.
— Nuclear Hurricanes, Toxic Fandom & You in 2019 (@ljmontello) November 13, 2019
Tech's in a too big to fail bubble and the fallout when it hits is massive at these inflated, ridiculous valuations.https://t.co/lPVmDkE3JF
this was a flat round and im honestly surprised that given the current environment it stayed propped up
— rat king (@MikeIsaac) November 13, 2019
perhaps that’s why they dont want to be public right now, since private markets tend to grade....differently (just ask uber)https://t.co/ighjlqnQhn
Doordash is raising another $100 million from T Rowe Price at a valuation of $13 billion. In May the company backed by SoftBank and Sequoia was valued at $12.6 billionhttps://t.co/sx1gRWpYnN
— Madhav Chanchani (@madhavchanchani) November 13, 2019
That’s one way to ensure a flat valuation mark post $GRUB blowup. Stunningly irresponsible of T. Rowe.https://t.co/z9vIb4GUDr pic.twitter.com/lGFMUyZ9DI
— Mike (@NonGaap) November 13, 2019
The age of reasonhttps://t.co/vieGmFT47t
— Pui-Wing Tam (@puiwingtam) November 13, 2019