Started By
Message

re: Once considered a Louisiana success story, this company is now weighing bankruptcy

Posted on 4/1/24 at 3:13 pm to
Posted by scott8811
Ratchet City, LA
Member since Oct 2014
11437 posts
Posted on 4/1/24 at 3:13 pm to
quote:

’ve seen plenty of twenty somethings use services like Door Dash consistently because they simply don’t want the inconvenience of having to go get the food themselves. At the same time, they whine constantly about being unable to pay their bills on the incomes that they have.


I posted this in another thread about it, but it blows my mind...the people I see use it the most are those w the least money. I have a tech level therapist who door dashes herself breakfast every morning and sometimes lunch...she makes $16/hour
Posted by yellowfin
Coastal Bar
Member since May 2006
97770 posts
Posted on 4/1/24 at 3:14 pm to
Most of that pay out was in stock when company went public. Hopefully he was able to sell it at the right time

Posted by andwesway
Zachary, LA
Member since Jun 2016
1544 posts
Posted on 4/1/24 at 3:15 pm to
The shite costs too much. I don't know how any of them stay in business.
Posted by BuckyCheese
Member since Jan 2015
50193 posts
Posted on 4/1/24 at 4:03 pm to
quote:

Who doesn’t want to pay double for a takeout order then give 20% to the driver?



I ordered KFC a while back to try out Door Dash.

$36 dollars including tip but since it was the first order delivery was "free". Would have been over $40 for an order that was probably around $22 at the drive through,

frick that.
Posted by Tiger Prawn
Member since Dec 2016
21999 posts
Posted on 4/1/24 at 4:08 pm to
When I’m watching football and been drinking or when I’m sick with the flu. That’s the only times I’ve been able to justify the cost of ordering on a delivery app
Posted by BilbeauTBaggins
probably stuck in traffic
Member since May 2021
4754 posts
Posted on 4/1/24 at 4:14 pm to
I despise ordering delivery, especially through the use of these apps. I remember talking to a restaurant during COVID while waiting for my food to be ready. A ton of orders came in through Waitr and they explained how they have to drop everything they're doing just to fulfill their Waitr orders and pushback orders coming into the store. The big issue I noticed was that you were damned if you did, damned if you didn't. During COVID you NEEDED Waitr/Uber Eats/Doordash otherwise you were not getting business. On top of that, the companies charge up to 30% on all tickets no matter what. If you order a $100 dinner, Waitr got $30 just for having the platform available. It's an absolute racket. In case most people haven't noticed, the app prices are higher than actual in-restaurant menu prices.

The only positive things I can see through using the apps (outside of convenience) are being able to look through local options a lot easier than having to visit each location's website and being able to use a gift card (specific to each app) to pay for any of the restaurants on their platforms, which included almost every restaurant near you.
Posted by KemoSabe65
70605
Member since Mar 2018
5233 posts
Posted on 4/1/24 at 4:18 pm to
Not sure how long the hold was but there’s always a hold.
Posted by WeeWee
Member since Aug 2012
40221 posts
Posted on 4/1/24 at 4:21 pm to
I thought WAITR went bankrupt in 2019?
Posted by KemoSabe65
70605
Member since Mar 2018
5233 posts
Posted on 4/1/24 at 4:28 pm to
Meaux could reap another $134,000 if he were to sell his 83,333 shares of Waitr stock, which was previously restricted. In 2018, Meaux's total compensation package was worth $3.4 million, with base salary of $150,000.

Went public in 2018 and cratered in 2019, $900,000,000 to $143,000,000.
Posted by chalmetteowl
Chalmette
Member since Jan 2008
47975 posts
Posted on 4/1/24 at 4:35 pm to
quote:

n case most people haven't noticed, the app prices are higher than actual in-restaurant menu prices.


And because customers are paying those prices for delivery, the fast food chains think they can charge that for all customers, dine in or drive through
This post was edited on 4/1/24 at 4:36 pm
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37203 posts
Posted on 4/1/24 at 4:43 pm to
There’s a place for this service but not enough customers for all these competitors
Posted by Joehat
New Orleans West
Member since Jun 2011
974 posts
Posted on 4/1/24 at 4:44 pm to
I use Food apps regularly. Waitr was always the longest wait time and most expensive compared to Uber Eats and Door Dash. I actually had a restaurant once tell me not to use Waitr b/c they were a PITA and always late.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37203 posts
Posted on 4/1/24 at 5:02 pm to
quote:

Who doesn’t want to pay double for a takeout order then give 20% to the driver?


We went to a local Chinese place Sat night for the dinner. We were one of only two tables being served at the restaurant.

During the hour or so we were there, we counted at least 10 different take out orders, all of whom seemed to be a delivery app of some kind. (Determined by the person getting the order putting the food into a warming bag usually with a logo on it.)

There was one front of house employee who was waiting on the two tables, and also handing out the delivery orders.
Posted by yellowfin
Coastal Bar
Member since May 2006
97770 posts
Posted on 4/1/24 at 5:36 pm to
I know him but not well enough to ask
first pageprev pagePage 3 of 3Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram