Hans Tung: DoorDash scaled by targeting fast-food chains over high-end restaurants
Hans Tung · 20VC: Investing Lessons From Rounds In Peloton and Square, Why Great Investing is Stock-Picking and Sector Penetration & The Next Decade in Venture, Is Tiger's The Right Model with Hans Tung, Managing Partner @ GGV Capital · Sep 20, 2021 · at 25:17
Hans Tung is Managing Partner at GGV Capital. He analyzes DoorDash's strategic pivot under CEO Tony Xu that unlocked mass-market scale.
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“Tony has done extremely well since they found that working with a fast food chain restaurants made a huge difference for them and then make the address market even bigger. It's not working with the niche high end specialty restaurant, but for the mass market”
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