The Very First Pitch Deck of Doordash (Now Valued at $47 Billion):
Dive into the entrepreneurial spirit with a look back at DoorDash’s first pitch deck—an illuminating snapshot of their early ambitions that paved the way to becoming a delivery giant valued at $47 billion. This initial presentation laid the groundwork for what has become a cornerstone of urban food delivery.
Key Highlights from the Deck:
1) Clear Vision: From day one, DoorDash aimed to establish a real-time delivery network for local commerce, focusing initially on restaurants—a sector where 85% did not offer delivery services.
2) Innovative Model: Highlighting the inefficiencies of traditional delivery, DoorDash presented a transformative approach using mobile technology to reduce delivery costs from over $50 to just $7.
3) Market Opportunity: The deck identified a significant gap in the market—most restaurants' inability to handle delivery due to high costs and logistical complexities.
4) Strong Unit Economics: DoorDash differentiated itself with a model boasting 3.5 times more efficiency, faster service, and lower customer acquisition costs compared to competitors.
Impactful Results:
-Growth Metrics: Within just eight months of operations, they achieved a $10.2M gross sales run rate, demonstrating rapid adoption and a compelling value proposition.
-Network Effects: Their pitch emphasized the creation of a three-sided network (consumers, drivers, merchants) that enhances scalability and defensibility.
This pitch deck was more than just a fundraising tool; it was a declaration of intent and innovation that has since revolutionized how we think about food delivery.
PS. check out 🔔 for a winning pitch deck the template created by Silicon Valley legend, Peter Thiel https://lnkd.in/d7YNAK2Z
Partner at Notion Capital
8moThanks for the repost ⭐ loads more content in my feed for you and your network to repurpose 🌞 feel free to check them all out and push some out ✅