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Another case of a company not needing to lay people off, but they are. Stock of course is up 9% today.

Doordash is making something like $700m in gross profit a quarter.

Just remember this when a company calls you a family.




Like most growth-phase startups from SV, Doordash are not profitable at the moment and have no profit to speak of with an EPS of _negative_ $2.41. Please correct your "$700m in gross profit a quarter" to "$1.7b in revenue a quarter" or "$296m in net loss a quarter" [1].

[1] https://www.sec.gov/edgar/browse/?CIK=1792789&owner=exclude


What are you talking about? This shows $700m of gross profit: https://s22.q4cdn.com/280253921/files/doc_financials/2022/q3...


Gross profit, not net profit.


I never said net profit.




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