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DoorDash Inc. is an American on-demand prepared food delivery service founded in 2013 by Stanford students Tony Xu, Stanley Tang, Andy Fang and Evan Moore, who departed and is now a partner at Khosla Ventures. DoorDash is one of several technology companies that uses logistics services to offer food delivery from restaurants on-demand. DoorDash launched in Palo Alto and, as of May 2019, had expanded to more than 4,000 cities and offers a selection of 340,000 stores across the U.S., Canada and Australia. Expected to IPO in 2020, the company is currently worth close to $16 billion and is the largest third-party delivery service in the U.S., surpassing Grubhub in 2019.
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DoorDash raised $2.93B thus far. How much more capital will be raised before the company goes public? How diluted is your position and how exposed are you to liquidation preferences? Find out what your exit could look like with our Profit Simulator.
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