The NFX Podcast

The Founders' List: The DoorDash Investment Memo from 2014


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This is The Founders' List - audio versions of essays from technology’s most important leaders, selected by the founder community.

In the Summer of 2013, DoorDash had a dream of building a real-time local delivery network for local commerce. This episode is the reading of an internal memo by Sequoia Capital Partner Alfred Lin in 2014 focused on the market and business of DoorDash before their Series A partnership.

DoorDash launched in Palo Alto, California in 2013. As of January 2020, it had the largest food delivery market share in the United States. DoorDash held its initial public offering on December 9, 2020.

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