Based on the material covered in this chapter, what questions would you ask the firm’s founders before making your funding decision? What answers would satisfy you?

Business Idea: Launch an on-demand restaurant delivery service that empowers small business owners to offer delivery of their food items in an affordable and convenient manner.

Pitch: DoorDash is an on-demand restaurant delivery service.

After identifying the most popular restaurants in a city that offer takeout, the company then strikes deals with the restaurants that allow DoorDash to connect the people ordering takeout with DoorDash drivers. In some cases, the relationship between DoorDash and a participating restaurant is simple. In these instances, DoorDash acts as an in-between for people wanting home delivery and DoorDash drivers who, like Uber drivers, are independent contractors. In other cases, it’s more formal, and Door-

Dash provides additional operational efficiency services and data analytics. DoorDash has established these types of partnerships with thousands of restaurants across the country, from small independently-owned cafes to restaurant chains such as Taco Bell and Dunkin’ Donuts.