Added to YB: 2025-10-03
Pitch date: 2025-10-01
DASH [neutral]
DoorDash, Inc.
-15.4%
current return
Author Info
Platform Aeronaut has spent over 16 years as an investor at Altimeter Capital focused on leisure, gaming, and internet marketplace businesses across both the public and private markets. This is a collection of my thoughts and analysis on businesses with network effects ranging from online travel agencies to airlines to video game platforms, to ridesharing and food delivery. Sign up for the newsletter.
Company Info
DoorDash, Inc., together with its subsidiaries, operates a commerce platform that connects merchants, consumers, and independent contractors in the United States and internationally.
Market Cap
$81.1B
Pitch Price
$268.90
Price Target
N/A
Dividend
N/A
EV/EBITDA
69.63
P/E
98.49
EV/Sales
6.27
Sector
Hotels, Restaurants and Leisure
Category
growth
DoorDash TAM Expansion and a Push into POS Systems?
DASH (update): TAM expanded from $302B to $676B via grocery delivery ($7B+ GTV run-rate), white-label fulfillment, $1B+ ad revenue, autonomous Dot robots. Evidence suggests building 'Carte' restaurant POS to capture $12-20k/restaurant economics, but faces trust issues from merchants hesitant to use main competitor as POS provider.
Read full article (6 min)