DoorDash won’t be getting into the marijuana delivery business anytime soon, but nonetheless the Silicon Valley startup has high aspirations for its next chapter.
Earlier this year, the five-year-old food delivery company got a $535 million investment from SoftBank, Sequoia Capital and Singaporean sovereign wealth fund GIC, giving DoorDash a $1.4 billion valuation—as well as ammunition to serve even more cities and markets to stave off ever tougher competition.