How I Built A $400 Million Food Delivery Company Called Caviar | Founder Effect

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Shawn Tsao almost became an architect. Instead, he’s a co-founder of food delivery company Caviar, which sold to DoorDash in 2019 for $410 million.

Produced by: Ernestine Siu
Supervising Producer: Jessica Leibowitz
Camera: Mickey Todiwala, Katie Brigham, Andrew Evers
Editor: Nic Golden Henry
Animator: Elham Ataeiazar
Reporter: Tom Huddleston Jr.
Additional Footage: Shawn Tsao, Jason Wang, Getty Images, Caviar

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How I Built A $400 Million Food Delivery Company Called Caviar | Founder Effect

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44 COMMENTS

  1. Great story I wish you had deep dived into what was so unique about the Cavier app that Square paid a 100m for. Also what made their app stand out from the competitors?

  2. If anyone wants to follow in this man’s footsteps, all you need to do is make a delivery app that is just like Caviar. If one of you can actually develop a food delivery app that is fair to restaurants, delivery drivers AND customers (like Caviar was), then you can potentially blow DoorTrash, UberWreaks and GrubScrub out of the water. Lots of drivers are suffering now because of how poorly DoorTrash and other delivery apps treat their drivers, and customers are sick of paying insanely high amounts of money just to have the majority of those “delivery fees” go directly to the CEO and other corporate goons when they would rather see that money go into the hands of delivery drivers. Trust me – IT IS STILL POSSIBLE TO BUILD SUCH AN APP. You just need to do it. 👍

    P.S. I don’t do it because I have no idea how to even start programming such a thing. 🤣

  3. Tsao's story is a testament to the opportunities that can arise when individuals are open to exploring different paths and seizing unique entrepreneurial opportunities. 🚀

  4. I am in Los Angeles California, I have an idea of a delicious Sandwich that could open a franchise by itself, I have worked and saved, in 3 months I will have 20 thousand dollars, if someone is interested in creating and placing a new product to the market, we can communicate and talk about it, thank you for your time

  5. He didn't build anything programers did he was just an in-between that got favored by white investora to pay those programers. I am in the delivery business and ittgoing down hill fast. In 2024 UberEats and DoorDash won't be a thing.

Comments are closed.