Mike Evans co-founded Grubhub Inc., one of the top food-delivery platforms in the nation after DoorDash Inc. DASH and Uber Technologies Inc.’s UBER Uber Eats.
In his new book, “Hangry: A Startup Journey,” he recounts how conflicted he eventually became about Grubhub and the direction it took on its path to an initial public offering, including the company’s shift to using drivers it considers independent contractors. Before that, Grubhub simply allowed online ordering from restaurants that already offered delivery. For that and other reasons, Evans walked away from the company shortly after it went public in 2014, according to his book.
He contended that there is barely any differentiation between DoorDash, Uber Eats and Grubhub, and that the companies must compete against one another on marketing instead.
I have asked this question to dozens of Uber drivers around the country. Every single one said they want to be independent contractors….free to set their own schedule and decide which rides they accept. Not one said they wanted to be an employee.
People don’t want to work under a W2. That’s why Uber was so appealing in the beginning. Every Uber driver I met were doing it as a side hustle.
He must be shorting the companies
America needs 17 more food delivery companies. Then the economy and stock market will soar!