Why DoorDash has to strike a balance between profitability and growth

 DoorDash CEO Tony Xu says the company is cash flow positive in some of its early markets — but the company still has to invest in its growth. That’s the reason that the company raised $127 million in a new venture financing round. But it wasn’t without hiccups: DoorDash reportedly wasn’t able to get the $1 billion valuation it was looking for, and had to settle for a… Read More

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