DoorDash is a remarkable business. Founded in 2013, the business now has millions of monthly active users, across 27 countries, who utilise the services of millions of Dashers on the platform to get, ‘restaurants and more, delivered to their door.’ DoorDash is empowering a whole new economic model – In the period from Q1 2020 through today, the platform has generated over $70 billion in sales for merchants, and over $25 billion in earnings for Dashers. It took 7 years for DoorDash to complete their first billion orders (from founding through October 2020), it took 10 months to complete their next billion – the scaling continues – in Q3 2022 alone, DoorDash delivered over 430 million orders. DoorDash IPO’d in 2020, and is regarded as one of the most valuable consumer businesses on the planet. In this interview, I speak to Christopher Payne, President of DoorDash. He served as COO from 2016-2021, and prior to joining DoorDash, he led the North American business at eBay, ran development of MSN Search (now Bing) and mapping (Virtual Earth) for Microsoft. He also led Amazon’s expansion beyond books into video, electronics, wireless, PCs and software. He is one of the world’s most accomplished technology leaders.

Thought Economics

India is a beautifully diverse place. It is a place where 1.4 billion inhabitants share thousands of years of history, speak over 19,000 mother tongues, and express life and culture through a stunning array of food, dance, ceremony, faith, music and literature. It is perhaps no surprise that a country so steeped in mythology and religion holds storytelling close to its soul, and nowhere is this better expressed than through Bollywood. In these exclusive interviews, I speak to Ritesh Sidhwani (Co-Founder of Excel Entertainment), Vidya Balan (Multi award-winning actress), Sunny Leone (Actress & Entrepreneur) and Siddharth Roy Kapur (MD of Roy Kapur Films and President of the Producers Guild of India).

Thought Economics

In this exclusive interview series, we speak to Nobel Prize Winning Economist, Edmund Phelps (Director of the Columbia University Center on Capitalism & Society and the McVickar Professor of Political Economy at Columbia University), Professor Lawrence ‘Larry’ H. Summers (Charles W. Eliot University Professor and President Emeritus at Harvard University. He served as the 71st Secretary of the Treasury for President Clinton and the Director of the National Economic Council for President Obama) and Professor Sir Paul Collier (Professor of Economics and Public Policy at the Blavatnik School, Oxford  & director of the International Growth Centre). We look at the story of modern capitalism, the benefits it has brought, and the challenges it has created. We explore the ‘post crisis’ economy, the role of government in society, the relationship between capitalism and conflict, inequality and look at what needs to be done to ‘fix’ our global economy, and the science of economics itself.

Thought Economics

By any measure, the United Kingdom is a rich country.  We are a nation with over £10 trillion in assets (£6 trillion of which is privately held), and depending on your measure – we are the 5th or 9th largest economy in the world.  From the outside, we are a success story; with booming sectors ranging from technology to finance, a seat at the table of global diplomacy, and cultural power internationally. It is perhaps because of this success that we should be surprised, ashamed and appalled by the fact that 21% of our population, some 14.2 million people, are living in poverty.  I caught up with the author, artist & social commentator, Darren McGarvey aka LOKI to learn more about the realities of poverty in the UK.

Thought Economics

Guest article written for AllAboutAlpha.com – the official publication of the Chartered Alternative Investment Analyst (CAIA) Association Originally posted at: http://allaboutalpha.com/blog/2012/09/24/the-future-of-the-uk-economy The United Kingdom is a tiny island, with an astonishing economy. This is the nation credited with building the largest empire history has ever known, and which played a…

Thought Economics

Guest article written for AllAboutAlpha.com – the official publication of the  Chartered Alternative Investment Analyst (CAIA) Association Originally posted at: http://allaboutalpha.com/blog/2012/08/15/the-greek-opportunity/ “Of all the economic horror stories produced since the banking crisis…” wrote the Guardian in July 2011, “Greece must be the most frightening. It has easily the worst economy out…

Thought Economics

Guest article written for AllAboutAlpha.com – the official publication of the  Chartered Alternative Investment Analyst (CAIA) Association Originally posted at: http://allaboutalpha.com/blog/2012/06/24/michael-spence-nobel-laureate-on-information-and-momentum/   Analysis of any economic and financial system requires an understanding of two key factors; information and momentum. Understanding the information content of a system means having knowledge relating to…

Thought Economics

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