And they're saying: Why couldn't Doordash work when pizza delivery worked 20 years ago? Doordash is just pizza delivery scaled up, right? If pizza delivery had continued, it should work the same way as doordash for the same price as doordash but limited to pizza restaurants (by definition), right?
It is odd.. It's such an easy middlemen to apply and should theoretically be operated on modest margims. Instead it sounds like they for this stupid extortion of a cut behind the scenes which ruins it for everyon. Based on Cowto's operations, few would complain about a 14% uptick on delivery (and the tip was already culturally accepted. No more work to do there). Instead, you can double your meal price nowadays.
I know much of the answer is a mix of private equityb and an overload of debt taken from insane evaluations.
3. Wages (and costs of transportation) were lower 20 years ago.
More generally, delivery as a model can work, but not when you have an organisation of really expensive engineers/salespeople working on a frontend to it.
