Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Shawn Tsao, 34, co-founded food delivery app Caviar in 2012 with four of his college classmates and fraternity brothers from the University of California, Berkeley.
Before Caviar, Tsao and his co-founders created on Munch On Me, a daily deals app for food. But in 2011, the company crumbled amid a meltdown of the daily deals industry. In the ensuing weeks, they decided to switch to an on-demand food delivery app — a novel concept at the time. In 2014, Jack Dorsey's payments company Square — now known as Block — acquired Caviar in an all-stock deal worth more than $100 million, according to Tsao. Five years later, rival food delivery company DoorDash purchased Caviar from Square in a deal worth $410 million.
Today, Tsao and his co-founders spend their time investing in restaurants and other ventures, and globetrotting with loved ones.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
27 best vacuum deals from Amazon's second Prime Day 2023: Dyson, Shark, moreSave up to $400 on name-brand vacuums.
Read more »
19 best Amazon laptop deals of October Prime Day 2023: Shop Big Deal DaysIncluding options under $400!
Read more »
How Ozempic and Wegovy turned Novo Nordisk into a $400 billion companyHow Ozempic and Wegovy turned Novo Nordisk into a $400 billion company
Read more »
Influential Texas activist Jonathan Stickland hosted white supremacist Nick Fuentes at Fort Worth officeThe Texas Tribune also observed Texas GOP chair Matt Rinaldi outside the building, but he denied meeting Fuentes and denounced him.
Read more »
Influential Texas activist Jonathan Stickland hosted white supremacist Nick Fuentes at Fort Worth officeThe Texas Tribune also observed Texas GOP chair Matt Rinaldi outside the building, but he denied meeting Fuentes and denounced him.
Read more »