164 : Evaluating Doordash's IPO & Business Model with Mike & Joe Murgio

Invest Like a Boss

Sam Marks Johnny FD Derek Spartz

Business, Investing

4.8 • 518 Ratings

🗓️ 14 December 2020

⏱️ 72 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Mike Murgio returns to the show (Last appearance: ILAB 165 - Bitcoin vs. Stocks, Tesla vs. Ford) along with his brother Joe Murgio to talk with Sam Marks about the upcoming Doordash IPO. They know the ins and outs of the delivery business as Joe is the CEO of DeliverLogic, a software company that services clients in the delivery space. Sam is also an investor in DeliverLogic. Joe Murgio goes over the Series 1 for Doordash's IPO and Doordash's overall business model. They'll discuss whether Doordash looks to be a solid investment and if it'll skyrocket like Tesla did after Mike correctly predicted on his last appearance.

Listen to ILAB 164 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – North Carolina / IG @imsammarks
Derek Spartz - Los Angeles / IG @DerekRadio

Sponsor:

Indeed.com
Receive a $75 credit to boost your job post on Indeed and find quality candidates faster when you sign up at our link!
Support Invest Like a Boss: Join our Patreon

Discussed:

Like these investments? Try them with these special ILAB links:

ArtofFX – Start with just a $10,000 account (reduced from $25,000)
Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
Betterment – Get up to 1 year managed free
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

10:46 – Can you tell us about deliverlogic?
13:56 – Can you discuss the last 6 years of the business from your perspective?
20:40 – How did the market change with the newer delivery options?
25:00 – How has Covid-19 pandemic affected the delivery service industry?
26: 30 – Have you seen more entrepreneurs starting new businesses or has it been independent clients growing their business?
29:10 – How does the business side of door dash work?
30:04 – How do you buy shares in an IPO?
39:24 – How are they going to sell 33 Million shares?
40:51 – How does the price jump between primary and secondary trading?
45:25 – What is your perspective on DoorDash versus Grubhub?
51:53 – Are you going to buy in with DoorDash?
55:40 – Does this IPO excite you?
58:06 – Sam & Derek Recap

If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!

Transcript

Click on a timestamp to play from that location

0:00.0	Hey bosses, before we kick off this week's episode, I want to take a minute to tell you about
0:05.0	Indeed.com. Indeed is the number one job site in the world. And now they have a new way of
0:12.4	matching you with quality candidates instantly. Indeed is the only job site that can now move
0:17.8	as fast as you do. I'll tell you more about the new instant match feature at the break, but if you want to learn more now,
0:24.6	head over to indeed.com slash iLab.
0:28.4	That's indeed.com slash I-L-A-B.
0:32.2	Now, on to the show.
0:34.1	Welcome to the Invest Like a Boss podcast.
0:36.3	I'm Sam Marks, and I'm Johnny FD. We're self-made
0:38.9	entrepreneurs who invest our own money and use modern technology to invest like a boss.
0:42.4	Join us each week for exclusive interviews with our network of modern investors, business
0:46.3	owners, and multimillionaires to discover new ways to invest our hard-earned cash.
0:53.5	Hey bosses, welcome back. This is episode 164. This is Sam and I am tuning in from the Rebel State of South Carolina. I'm joined by Derek Big D. Welcome to the show.
1:04.9	Hey, what's up Sam? I'm still stuck in L.A. We're on total lockdown. And I thought for the first time ever we were going to be in the same state because you had mentioned coming to California, but I guess that wasn't the case. Well, the snow conditions didn't materialize as well as I had hoped. I had a trip plan to Big Bear, what's a mammoth, and then I was going to go out to Tahoe because I got some early snow this year, but then it seems like everything's melted. So skipping that trip, and I'm just going to fly out to Denver in two weeks
1:32.7	and get up into higher altitude and hopefully get some early skiing in.
1:37.3	Probably a good plan. California is not the hottest place to be right now, or coldest, I guess,
1:42.4	in your case. Yeah. Well yeah well it just it doesn't make
1:46.1	sense to travel for for travel sake right now so trying to keep it low key but uh next time Derek
1:52.2	next time or if you ever want to come to the rebel state got lots to do here all times of the
1:56.3	year beautiful place you'll love it I like the. Speaking of pitches, last week we talked about
2:04.6	the Airbnb IPO, another huge IPO coming up. Actually, today, I just checked as we're recording
2:10.4	this, and it's not available yet. They said sometime midday, it might start trading, but we're talking
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Sam Marks Johnny FD Derek Spartz, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Sam Marks Johnny FD Derek Spartz and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.