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  "documentTitle": "DoorDash 2014 03 31 Series A Memo Redacted FINAL",
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      "text": "To: Investors US; Date: March 31, 2014; From: AL; Subject: DDDD - DoorDash Due Diligence",
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      "text": "Team: The founders are smart and scrappy. They started out driving for Papa John's, UberX, Lyft, Sidecar, to learn how these companies operated and how they recruit drivers. They raised $2.4m and still have $1.7m in net cash.",
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      "text": "Business Diligence: The company has gotten to an impressive Gross Processing Volume (GPV) that now exceeds a $10M annual run-rate. The company's take rate of GPV is over 21%, which gives the company an annual revenue run-rate of over $2m.",
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