Kinda crazy
Doordash was valued at $16B in June
Now $29-33 Billion
In
a revised IPO filing published on Monday morning, DoorDash set an initial IPO price range of $75 to $85. That spells a valuation range of $29 billion to $33 billion after accounting for outstanding stock options, warrants and restricted stock units (RSUs) -- well above the $16 billion valuation the company received in a June funding round.
I wonder how much the Chase partnership has juiced earnings.
We actually have used it Less since COVID-19 (more time to cook)but evidently business is booming.