Mark Suster
Photograph by Viktor Forgacs on Unsplash
  • 10 million diners now use the ChowNow ordering platform vs. 24 million for GrubHub, so like Shopify whereas they constructed the shopper base slowly and with capital effectivity they’re now rivaling the larger gamers in footprint
  • Final yr they have been serving 50,000 clients / day by their platform and did roughly $500 million in GMV (the worth of the orders positioned), this yr they’re on monitor to do $3 billion (with a B) and count on to finish the yr at a income run charge which will prime $100 million (sure, I requested for permission to publish these numbers).