Big Tech’s food-delivery apps face a grassroots revolt
At the start of the pandemic, food delivery apps, including the 'Big 3' — Grubhub, Uber Eats, and DoorDash — were hailed as saviors, facilitating a takeout boom meant to keep restaurants and their staffs working. But eateries were quickly confronted by a harsh reality: These Silicon Valley and Wall Street–backed firms, which together dominate 93 percent of the market share nationwide, are designed to scrape money out of local businesses and send it to shareholders. Now, in cities around the country, restaurant owners are fighting back, forming local-delivery co-ops in an attempt to drive the third-party interlopers out.
Silicon Valley tech leaders assess the future of food at FERN event
Whether it's paleo meal kits or pea-based condiments, some of the country’s leading food-tech entrepreneurs and investors shared their thoughts on the future of sustainable food at FERN Talk & Eats in Silicon Valley.