"DoorDash’s model is essentially a tipped minimum wage"
Becky Sosnov, a DoorDash spokesperson, told Quartz the company “contributes more than the customer does” to Dasher pay on roughly 60% of orders, and that customers leave no tip on about 15% of orders.
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My simplistic view on Adobe deal: they can’t innovate organically so plugging the lack of innovation with capital. Not good looking for their culture and leadership which are core LT value drivers 🤷♂️
What a good company does: Microsoft organically built Teams and annihilated competition
Btw if they can’t innovate organically what makes you think they will be a good owner for Figma?