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Thread: Chase Doordash Benefit (Revised again, February 2025)
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Old Dec 5, 2020 | 11:04 am
  #219  
jamesteroh
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Originally Posted by damon88
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.
I saw that about the IPO being increased. Kind of odd because a couple weeks ago after the vaccine was announced people were shorting Grubhub and zoom stock thinking those wouldn't be as valuable after the vaccine was widely distribued.
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