TL;DR CNBC

'Let's be the Uber for food': How 5 friends from UC Berkeley started a $400 million company

Publishing timestamp: 2023-10-10 11:37:19

Summary

The article discusses the journey of Shawn Tsao and his co-founders in creating the food delivery company Caviar. They initially started with a daily deals app similar to Groupon but pivoted to focus on food delivery. After selling Caviar to Square, they later sold it to DoorDash. Tsao reflects on the challenges and successes of their startup journey.

Sentiment: NEUTRAL

Tickers: SQ,  DASH, 

Keywords: doordash inc,  block inc,  video first,  entrepreneurship, 

Source: https://www.cnbc.com/2023/10/10/how-startup-caviar-became-multimillion-dollar-food-delivery-company.html