"LTM EBITDA per order (without ignoring SBC) was 49 cents in 2Q’26 (vs 3 cents in 2Q’24), so all I’m underwriting over the next 4 years is DoorDash to repeat the incremental improvement they had already achieved in the last 2 years." $DASH full piece: https://t.co/O8YJTetFhR https://t.co/YUmogqcXN1
View on X ↗