One is unit economics, which i'm sure you've heard of before. It's very important for a company that's going to do a lot of transactions to have the unit economics really dialed in. And then there is asset light versus aset heavy market place. They don't have to inventory the food. The food is made by a restaurant or seven 11 wall graens, an is delivered. So this is pretty brutal, like, how could it possibly cost that much money?
Jason and Molly cover how QuickCommerce startup JOKR lost $159 per order in the US in August (1:54), the state of startup valuations (25:57), Jason's case of COVID & the state of testing (32:00), OpenSea freezing over $2M worth of stolen NFTs (52:28) and they wrap with quick recap of the latest chapter of Web 3 Twitter beef featuring AirBnB CEO Brian Chesky and Box Founder Aaron Levie (58:24).