Tech Company Inital Public Offerings
DoorDash IPO
DoorDash, operating out of Palo Alto, debuted as a public company on 12/8/2020.
Transaction Overview
Company Name
Announced On
12/8/2020
Transaction Type
IPO
Amount
$3,366,000,000
Proceeds Purpose
We intend to use the net proceeds we receive from this offering for general corporate purposes, including working capital, operating expenses, and capital expenditures. Additionally, we may use a portion of the net proceeds we receive from this offering to acquire or invest in businesses, products, services, or technologies. However, we do not have agreements or commitments for any material acquisitions or investments at this time.We may use a portion of the net proceeds we receive from this offering to fund a $200 million pledge, as part of our Main Street Strong program, to support merchants, Dashers, and local communities.We may also use a portion of the net proceeds we receive from this offering to satisfy a portion of our anticipated tax withholding and remittance obligations related to the vesting and settlement of RSUs that we have granted. The RSUs that we have granted to date generally vest upon the satisfaction of both service-based and liquidity event-related performance ves
Company Information
Company Status
Publicly-held
Industry
Consumer
Mailing Address
470 Olive Ave.
Palo Alto, CA 94306
USA
Palo Alto, CA 94306
USA
Phone
Website
Email Address
Overview
DoorDash (NYSE). Best local restaurants now deliver. Get lunch and dinner delivered from your favorite restaurants right to your doorstep with one easy click.
Management Team
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