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How JOKR lost $159 per order, rising startup valuations, OpenSea freezes stolen NFTs, Web 2 CEOs troll Web 3 | E1351

This Week in Startups

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Navigating Delivery Economics and Tipping Dilemmas

This chapter explores the financial challenges faced by delivery startups, focusing on their profitability and the implications of asset-heavy operations. It highlights the issues within tipping practices in the gig economy, including 'tip baiting' and its impact on drivers' income. The discussion also contrasts cultural differences in tipping and proposes solutions to create a fairer earning environment for service workers.

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