TechCrunch: DoorDash is buying Caviar from Square in a deal worth $410 million

DoorDash has reached an agreement with Square to purchase on-demand food delivery and catering business Caviar . DoorDash has agreed to pay Square $410 million in cash and preferred DoorDash stock. Square bought Caviar about five years ago in a…

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TechCrunch: DoorDash double downs on controversial pay model

There’s seemingly no end in sight for DoorDash’s compensation model where it subsidizes driver wages with customer tips. The mildly bright side, however, is that DoorDash is now providing more transparency after each completed delivery, DoorDash CEO Tony Xu wrote…

TechCrunch: Key Vision Fund investors are reportedly lukewarm on a second fund

SoftBank shook up the venture capital world with its unprecedented $100 billion Vision Fund, and the speculation continues around its follow-up. The fund hasn’t quite closed $100 billion — it is mighty close… — but that hasn’t stopped reports of…

TechCrunch: DoorDash subsidizes driver wages with tips

It’s true that DoorDash offsets the amount it pays its drivers with customer tip, according to an FAQ page on its own site. “For each delivery, you will always receive at least $1 from DoorDash plus 100% of the customer…

TechCrunch: Robot couriers scoop up early-stage cash

Joanna Glasner Contributor More posts by this contributor Bots replacing office workers drive big valuations Getting personal: Funding rises for software-driven tastemakers Much of the last couple of decades of innovation has centered around finding ways to get what we…