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Ten years ago, DoorDash launched a local delivery service from a Stanford dorm room. 1 food delivery operator in the US. Here are 10 big milestones for the on-demand delivery provider of groceries and restaurant meals. "Ultimately, our vision is to build the local, on-demand Fedex," DoorDash wrote in an October 2013 Medium post. The company started with food delivery but has since expanded to offer on-demand delivery of groceries, beauty supplies, and convenience store goods.
Persons: DoorDash, Tony Xu, Evan Moore, Stanley Tang, Andy Fang, Grubhub, Uber Organizations: Stanford, Service, Fedex Locations: Wall, Silicon, Stanford
Silicon Valley Bank's stock price plummeted Tuesday after it announced it would sell fresh shares. Founders who bank with SVB say they're not yet worried and are calling for calm. As a meltdown unfolds at Silicon Valley Bank, startup founders who bank with the storied institution are calling for calm. "They are the go-to bank for Silicon Valley. In essence, a bank run -- Silicon Valley style.
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