There is no path to profitability and can literally cannot profit without indentured servitude. Doordash and uber have exactly zero profitable years in existence, and there is no way they can ever make money. With the end of cheap credit and patient equity partners (ie, they actually want a ROE) i expect an absolute collapse in this sector by 4Q23.This is a prime example of why the gig economy does not work....
And also why tip culture has lost its fukking mind