This is a story about how you get “Sequoia rich.” It’s a case study in why investing early isn’t enough. And it is proof that, even if you pick the right space and find the exact right company to bet on before anyone else, SoftBank can still end up owning more of the company than you. This is the story of DoorDash’s cap table.
The biggest challenge ahead? The startups need to convince venture capitalists and users alike that they’re more than Sims for Enterprise or an always-on Zoom call. The potential success could signal how the future of work will blend gaming and socialization for distributed teams.
Part of what’s made Covid dangerous is that we got so good at preventing pandemics in the last century that few people before January assumed an infectious disease would ever impact their lives. It was hard to even comprehend. The irony of good times is that they breed complacency and skepticism of warnings.
Calling Startups in Supply Chain Innovation
The Techstars Sustainability Challenge is an equity-free challenge that brings together founders with industry leaders in sustainability. Top Supply Chain solutions in the areas of Data & Automation and Materials & End-of-life Impact will have access to potential commercial opportunities with our corporate partners. We are looking for proven technologies that are able to be pilotable in 2021. Applications are now open and close March 1, 2021.
Brainstorm Tech is going virtual. We will bring together the top technology and media leaders, operators, entrepreneurs, innovators, and influencers for a dynamic exchange of ideas about our theme, “Innovating in a Time of Crisis.”
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