Tuesday, April 26, 2016

Leaked Postmates financials suggest company might be doing better than everyone thought

Starbucks Delivery with Postmates *Private* Postmates, the delivery app, has almost become the poster child for struggling on-demand businesses. Countless venture capitalists have told TechCrunch that the company, despite its popularity with consumers, is doomed because its unit economics don’t add up. The costs of paying the couriers is greater than the money generated from delivery fees, according to the narrative.  And… Read More

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