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Doordash and Pizza Arbitrage

themargins.substack.com

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Re: Doordash and Pizza Arbitrage

#521

Post by pclmulqdq »

tripzilch wrote: post #516
JumpCrisscross wrote: post #220

I cut this deal with my neighborhood Italian restaurant! I texted the owner about being miffed they hadn’t told me they were on DoorDash. He replied. They aren’t. We compared pricing, and found the prices advertised are way off from what the restaurant charges. So I placed a $5,000 order to the neighbourhood homeless shelter. DoorDash paid him over $20,000, and I get free pasta for the rest of the year. (My neighbour…

It's funny when this happens in our industry. It's called a security vulnerability. And if someone were to write a blog article about finding it, but also exploiting the fault several times over for their own financial gain, we'd be all up in arms over it, right? Even if the exploited party itself it shady as hell. Say they were a credit card scammer, someone found a way of conning them for money, does that for a whi…

Nobody intentionally includes security vulnerabilities in a product. This is something that Doordash knows they are doing and have decided to do, not something they are doing accidentally.

Even taking a negligent security posture is not the same as intentionally including a flaw.

Re: Doordash and Pizza Arbitrage

#523

Post by tcarn »

yftsui wrote: post #300

This reminds me of the SliceLine episode of Silicon Valley Season 5. https://www.youtube.com/watch?v=Txl90NEl92U Its even better, DoorDash is doing this without even switching boxes.

So true. So many of these apps need to do some basic math and not "try and make it up with volume" if their gross margin is negative...

Re: Doordash and Pizza Arbitrage

#524

Post by gentleman11 »

thebean11 wrote: post #499
echlebek wrote: post #471

Earlier quoted context omitted.

But if Doordash never made an agreement with the restaurant in the first place, like in the article, the restaurant has no obligation to follow any of Doordash's rules. That doesn't mean they won't fall afoul of some state or federal laws in doing that.

Right but this thread is about the driver pretending they picked up food that never existed. IANAL but sounds like fraud on the driver's part.

Why does the food not have to exist? You can deliver actual food and toss it for that kind of money

Re: Doordash and Pizza Arbitrage

#525

Post by DangitBobby »

ryanlol wrote: post #513
DangitBobby wrote: post #511

Earlier quoted context omitted.

Can you imagine how furious people would be if they found out their airline put them on their cheaper competitor's flights and kept the difference? Rationality be damned, they'd be out for blood. I can hear the screaming already. Good luck.

This happens every day.

Really? How do I learn more about this?

Re: Doordash and Pizza Arbitrage

#526

Post by throwaway_dflka »

paulcole wrote: post #364
throwaway_dflka wrote: post #113

Earlier quoted context omitted.

To speak more precisely, the first sale doctrines prevent the original seller from asserting intellectual property rights (copyright, patent, trademark) as a basis to prohibit resell. I was writing an internet comment, not a legal brief!

So then first sale has nothing to do with Doordash’s food delivery service right?

It's an obstacle to suing Doordash for trademark infringement, which is what you would typically do when someone is doing business in your name without your permission.

Re: Doordash and Pizza Arbitrage

#527

Post by eru »

ryandrake wrote: post #482
blaser-waffle wrote: post #394

Earlier quoted context omitted.

It's not coming and coming -- it's here. Prices are negative, and they need at least something like ~$60/barrel to keep their government running and closer to $80/barrel to keep their whole country running. But yeah, I agree with your main point: they're jumping at deals and chasing big wins, a la Dubai. Cuz they don't really have any other choice.

Sheikh Rashid's quote [1] kind of sums up the desperation of several countries in the Middle East to somehow diversify out of oil: "My grandfather rode a camel, my father rode a camel, I drive a Mercedes, my son drives a Land Rover, his son will drive a Land Rover, but his son will ride a camel" 1: https://en.wikipedia.org/wiki/Rashid_bin_Saeed_Al_Maktoum

Sheikh Rashid was born in 1912. The quote talks about his great-grandson. That generation has been alive for a while and comfortably drives Land Rovers.

Re: Doordash and Pizza Arbitrage

#529

Post by somatic »

geofft wrote: post #190

> How did we get to a place where billions of dollars are exchanged in millions of business transactions but there are no winners? Simple. Capitalism is broken. In order for capitalism to work, there has to be a meaningful profit/loss incentive . People who are doing the work must get rewarded if the work is done well and penalized if the work is done poorly. We already started moving away from this many years ago wi…

You say that capitalism is broken, but the capitalists are all doing very well, even as everyone else feels the pain.

If the capitalists are doing very well, then how can you say that capitalism is not doing very well?

To answer this question may require you to undergo a paradigm shift.

Think about it.

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