Recode Decode: DoorDash CEO Tony Xu and COO Christopher Payne

Decoder with Nilay Patel

Vox Media Podcast Network

Technology, Business

4.3 • 3.2K Ratings

🗓️ 9 January 2019

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Tony Xu, the CEO and co-founder of DoorDash, and Christopher Payne, the COO, talk with Recode's Kara Swisher about how the delivery company's busy 2018 and why it's starting to think about delivering more than food. In this episode: (01:41) Where DoorDash is now and the delivery business; (05:25) Is Amazon a competitor?; (08:07) Xu and Payne's backgrounds; (11:32) Why DoorDash succeeded where Webvan failed; (15:10) Working with big restaurants and why they don't do it themselves; (21:03) How DoorDash makes money; (25:53) The gig economy and the future of work; (30:48) Where the business could go beyond food delivery; (34:09) Why Xu started DoorDash; (36:08) The current startup environment and the image of tech; (39:31) What does it take to be an entrepreneur now?; (43:05) Raising money from SoftBank's Vision Fund; (44:55) The future of DoorDash and the future of retail stores; (50:51) Trends in shopping and the delivery business Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Today's show is brought to you by Valley of the Boom from National Geographic.
0:04.0	This all-new six-part limited series follows the stories of three companies trying to change the world through technology
0:10.0	during Silicon Valley's unprecedented tech boom of the 1990s.
0:14.0	From the first browser wars to the story of a con artist who reinvents himself as a tech entrepreneur,
0:19.0	these are the true stories of how the web was won.
0:22.0	Valley of the Boom premieres Sunday, January 13th at 9-8-Central on National Geographic.
0:27.0	But you can watch the first two episodes right now on demand and on the NAT Geo TV app.
0:33.0	Hey everyone, this is Jason Del Rey, Senior Editor of Commerce at Recode.
0:37.0	I want to tell you about a live Recode-D-code podcast we have coming up in New York City.
0:42.0	On Monday, January 14th, Carri Swisher will be interviewing founder and CEO Glossier Emily Weiss at the 92nd Street Y.
0:50.0	Emily is built a fast growing beauty brand with a true cult following.
0:54.0	The interview starts at 7.30 pm and there's still a limited number of tickets available at 92Y.org.
1:00.0	That's 9-2Y.ORG.
1:03.0	We hope to see you there.
1:11.0	Hi, I'm Carri Swisher, Editor at Large Recode.
1:13.0	You may know me as someone who gets avocado toast delivered to my house every day because I'm told that's what the millennials do.
1:19.0	But in my spare time, I talk tech and you're listening to Recode-D-code from the Vox Media Podcast Network.
1:24.0	Today in the red chair is Tony Xu and Christopher Payne, the CEO and CEO of DoorDash.
1:29.0	It's the on-demand Food Delivery app that Tony co-founded in 2013.
1:33.0	Tony and Christopher welcome to Recode-D-code.
1:36.0	It's good to be here.
1:37.0	How's it going?
	...

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