41–50 of 151 posts
Earlier quoted context omitted.
Not issuing bags to the contractors seems like a bad business model.
They do issue insulated bags, they just don’t fit pizza boxes
Inequality is driving this. We have let money become so accumulated, that the owners of the capital are being silly with it at the same time that workers are having a hard time. We have to tax this capital and make it work for everyone.
Earlier quoted context omitted.
Not issuing bags to the contractors seems like a bad business model.
They do issue insulated bags, they just don’t fit pizza boxes
Inserting themselves unrequested into the ordering process, then delivering cold food, the wrong food, etc. the customers just blame the restaurant ultimately.
Previous discussion: Doordash and Pizza Arbitrage - https://news.ycombinator.com/item?id=23216852 - May 2020 (518 comments)
>Note 1: We found out afterward that was all the result of a “demand test” by
>Doordash. They have a test period where they scrape the restaurant’s website
>and don’t charge any fees to anyone, so they can ideally go to the restaurant
>with positive order data to then get the restaurant signed onto the platform.
>If we had to pay a customer fee on the order, it would’ve further cut into our
>arbitrage profits (though maybe we could’ve incorporated DashPass as part of
>the calculation).
Earlier quoted context omitted.
Likely they don't calculate how much they are making after expenses or don't understand how expenses work. For example, a reddit post I read a little while ago (can't find it again) the person said they do ride sharing so got to take a lot of deductions on their taxes so they said "on paper" it "looks like" they make "much less" than they "actually" do. The comments rightly pointed out the poster's "on paper" income…
There could be some truth to this based on the vehicle you drive. The IRS gives a flat per-mile deduction, which is an estimate of fuel, repair, maintenance, and depreciation costs. If your actual vehicle expenses are lower, then you are making more money than your taxable income.
They were also asking if they should just stop taking these deductions for a few years for some reason (I think to qualify for a mortgage), so they weren't exactly understanding finance.
I wish I could find the post again, it was baffling.
> You have insanely large pools of capital creating an incredibly inefficient money-losing business model. It's used to subsidize an untenable customer expectation. You leverage a broken workforce to minimize your genuine labor expenses. The companies unload their capital cannons on customer acquisition, while this week’s Uber-Grubhub news reminds us, the only viable endgame is a promise of monopoly concentration and…
It's possible that if one company does end up with a monopoly, they will treat their employees better. Because then they will finally be able to charge higher prices to the customers without losing those customers to the other more exploitative businesses.
> You have insanely large pools of capital creating an incredibly inefficient money-losing business model. It's used to subsidize an untenable customer expectation. You leverage a broken workforce to minimize your genuine labor expenses. The companies unload their capital cannons on customer acquisition, while this week’s Uber-Grubhub news reminds us, the only viable endgame is a promise of monopoly concentration and…
But the whole point is that in this case the money is not accumulated. Lots of different companies are each spending a lot of money in the hopes that they will be the last standing, at which point they will get to accumulate the money. It's possible that if one company does end up with a monopoly, they will treat their employees better. Because then they will finally be able to charge higher prices to the customers w…
> You have insanely large pools of capital creating an incredibly inefficient money-losing business model. It's used to subsidize an untenable customer expectation. You leverage a broken workforce to minimize your genuine labor expenses. The companies unload their capital cannons on customer acquisition, while this week’s Uber-Grubhub news reminds us, the only viable endgame is a promise of monopoly concentration and…
But the whole point is that in this case the money is not accumulated. Lots of different companies are each spending a lot of money in the hopes that they will be the last standing, at which point they will get to accumulate the money. It's possible that if one company does end up with a monopoly, they will treat their employees better. Because then they will finally be able to charge higher prices to the customers w…