At the start of the month, food delivery service DoorDash announced it raised another $535 million in Series D funding. The company is looking to expand their reach and employee numbers with these funds.
Tony Xu is the CEO of DoorDash. He joins Cheddar to explain some of their goals with this new round. DoorDash is looking to grow their employee base from 550 to 800 employees over this next year. The growth will mostly be in engineering and sales.
Xu also says DoorDash is expected to spread from 600 cities to around 1600 cities across North America this year as well. Another focus for DoorDash will be building a strong platform for "last mile logistics."
When asked what advice Xu instills on his employees, the CEO says he tells them to keep focused on the smallest level of details. In his opinion, that is what's gotten the company to where it is today.
Matternet founder and CEO Andreas Raptopoulos on the state of drone delivery in the U.S. and what it will take to make aerial delivery a mainstream reality.
Fintech pioneer Tom Sosnoff discusses the evolution of retail investing, the rise of AI, and his new platform Lossdog aimed at the next generation of trading.
The FAA prepares to select cities for its eVTOL pilot program, marking a major step toward electric air taxis and the future of urban air mobility in the U.S.
Rising oil prices tied to the Iran conflict are driving up gas and airfare costs, creating new challenges for travelers heading into the spring break season.
The Supreme Court strikes down Trump-era tariffs, limiting presidential trade powers and raising questions about refunds, global trade, and business impact.
