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Well said, Fred
Venture capitalist Fred Wilson has been investing in tech companies since the 1980s. He’s also a prolific blogger, offering advice to investors on how to take the right risks, how to navigate crises, and much more.
From product development to building social networks, we break down 11 of Wilson’s most essential lessons from his blog posts and other writings. Read them all here.
First off, competitive intensity in the restaurant delivery space has dramatically climbed. Grubhub’s CBI profile reveals a long list of competitors. The 2 main ones that are putting pressure on the company are DoorDash and Uber via its Uber Eats offering.
This intensity is evident in other places, as you’ll see below.
Travel season is in full swing. Many travelers are reportedly spending as much as $1,400 per night on wellness summits and retreats.
We discuss the $639B wellness travel market in our Wellness Trends 2019 Report. Download it here.
The battle for hearts & minds
Interestingly, the chatter about Grubhub has also fallen with the rise of Uber Eats and Doordash.
Doordash mentions on earnings calls have actually overtaken mentions of Grubhub. To see which public co execs & companies are mentioning these companies most, clients with transcript search engine access can go here.