CEO wealth surge, Apple/Facebook tensions heat up, and Friend of Pivot DoorDash COO Christopher Payne
Kara and Scott talk about how CEOs in the United States wealth has surged during the pandemic as compared to their workers. Meanwhile, tensions heat up between Tim Cook at Apple and Mark Zuckerberg at Facebook, as iPhone users are given the option to opt-out of ad tracking. Then we are joined by Friend of Pivot, DoorDash COO Christopher Payne who talks about the company's new model for food delivery.
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Recode Decode: DoorDash CEO Tony Xu and COO Christopher Payne
Tony Xu, the CEO and co-founder of DoorDash, and Christopher Payne, the COO, talk with Recode's Kara Swisher about how the delivery company's busy 2018 and why it's starting to think about delivering more than food. In this episode: (01:41) Where DoorDash is now and the delivery business; (05:25) Is Amazon a competitor?; (08:07) Xu and Payne's backgrounds; (11:32) Why DoorDash succeeded where Webvan failed; (15:10) Working with big restaurants and why they don't do it themselves; (21:03) How DoorDash makes money; (25:53) The gig economy and the future of work; (30:48) Where the business could go beyond food delivery; (34:09) Why Xu started DoorDash; (36:08) The current startup environment and the image of tech; (39:31) What does it take to be an entrepreneur now?; (43:05) Raising money from SoftBank's Vision Fund; (44:55) The future of DoorDash and the future of retail stores; (50:51) Trends in shopping and the delivery business
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