DoorDash

Founder-CEO Tony Xu and co-founders maintain long-term control via Class B super-voting shares (20 votes/share), collectively holding 55% of voting power (63% if awards exchanged), aligning decision-making with a long horizon.

Management’s focus on consolidating DoorDash, Wolt, and Deliveroo on a single global platform, and disciplined commentary on unit economics and investment cadence, signal strong strategic stewardship. Recent autonomy partnerships (Serve Robotics, Waymo) and the in-house Dot robot reflect thoughtful, option-like bets sized to scale advantages.

Execution risk remains in integrating Deliveroo and managing regulatory headwinds, but the team’s track record merits confidence.