The Importance of Operational Excellence in Startups

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DoorDash was founded by three Stanford students in 2011. The company is now one of the leading food-delivery apps on the market. Founder and CEO says they struggled to raise money for a long time because their business wasn't operationally intensive like Uber or SaaS companies. "We were forced to stay super lean," he says, adding that it's what made DoorDash great.

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Today’s show:

The contents of this episode were recorded live at LAUNCH Angel Summit in Napa.

DoorDash Chief Product Officer and Co-Founder Stanley Tang joined Jason live on stage at Angel Summit to discuss DoorDash’s founding story, avoiding ZIRP distractions, and the cloud kitchen movement (1:23).

Then, Jason sits down with Kelli Fontaine of Cendana Capital, Sophia Amoruso of Trust Fund, and Paige Doherty of Behind Genius Ventures to chat about becoming and investing in first-time fund managers (36:49).

Follow Stanley: https://twitter.com/stanleytang

Check Out DoorDash: https://www.doordash.com/

Follow Kelli: https://twitter.com/kells_bells

Check Out Cendana Capital: https://www.cendanacapital.com/

Follow Paige: https://twitter.com/paigefinnn

Check Out Behind Genius Ventures: https://www.behindgeniusventures.com/

Follow Sophia: https://twitter.com/sophiaamoruso

Check Out Trust Fund: https://www.trustfund.vc/

Time stamps:

(0:00) Nick kicks off the show

(1:23) DoorDash’s founding story with Stanley Tang

(11:06) Embroker - Use code TWIST to get an extra 10% off insurance at https://Embroker.com/twist