Tony Xu's DoorDash Seed Pitch Was the 'FedEx of Local'
Alfred Lin · 20VC: The Memo: Sequoia's Alfred Lin on Why Chasing GMV Leads To Bad Behaviours, How To Approach Competition and Capital Efficiency & The Core Importance of Understanding the Difference Between Input and Output Metrics · Jan 27, 2021 · at 10:19
Alfred Lin is a partner at Sequoia Capital. He recalls DoorDash founder Tony Xu's original vision during early fundraising.
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“Tony's whole notion was not just food delivery, right? He wanted to build the FedEx, his initial pitch was the FedEx of local, and he wanted to deliver almost everything, but he was going to start out in food, because if you can deliver a pizza before it gets cold, or an ice cream before it melts, and he used that all the way back at the seed, then you can see your way into delivering almost anything.”
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