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DoorDash Ordered To Cut DashPass Commissions By DC Attorney General

PYMNTS

While DashPass is a premium marketing offering and provides benefits to many restaurants, we have decided to not charge DC restaurants their contractual DashPass rate at this time. The letter that was sent to the delivery company on Tuesday (Dec.

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The United States Of Venture Capital: The Most Active VC In Each State

CB Insights

Although startups based in California, New York, and Massachusetts have traditionally accounted for the majority of VC tech investment in the US, VCs are spurring other hotbeds of innovation across the country. We excluded debt deals and only considered venture capital, corporate venture capital, super angel, and growth equity firms.

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Amazon Opens Bookstore In DC

PYMNTS

Amazon opens an Amazon Books location in the nation’s capital. Betting that its popularity with shoppers online will translate into brick-and-mortar customers in Washington, D.C., The store occupies a space that formally housed a Barnes & Noble store in Georgetown, The Washington Post reported.

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DoorDash Shares Surge Over 85 Pct On First Trading Day

PYMNTS

While DashPass is a premium marketing offering and provides benefits to many restaurants, we have decided to not charge DC restaurants their contractual DashPass rate at this time. Commission rates of 30 percent may fall by the wayside where states and cities have been restricting what DoorDash can charge on eateries.

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18 Corporate Innovation Labs In Healthcare

CB Insights

One solution: in-house healthcare innovation labs. We put together a list of healthcare innovation labs from new entries to the field, as well as some of the oldest — and most familiar — names in health. Sometimes corporate innovation goes wrong , and we’ve written about corporate innovation theater before.

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Philadelphia Mall Owner Takes Care Of Its Own

PYMNTS

The entire process, cradle to grave, has failed to evolve and innovate with the customer in mind.”. Just this week, investors in Starwood Capital Group started to show signs of strain after the pandemic shuttered stores and wiped out emergency cash reserves, leading to default on a $700 million loan.

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23 VC-Backed Brick & Mortar Startups Changing The Face Of Main Street

CB Insights

Cava has around 30 restaurants in the DC, LA, and NYC markets, and its packaged dips and spreads are sold in more than 200 Whole Foods Market stores. Select VC Investors: Khosla Ventures, Social Capital. Select VC Investors: Cue Ball Capital, Valley Oak Investments. Select VC Investors: Otium Capital. sweetgreen.

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