DoorDash, Inc. is a publicly traded company, meaning it is primarily owned by its shareholders. While no single entity or individual holds a majority stake, its co-founders retain significant ownership percentages.
Understanding DoorDash's Ownership Structure
Following its initial public offering (IPO) in 2020, DoorDash's ownership became distributed among millions of individual and institutional investors who purchase shares on the stock market. This public ownership structure means that the company is accountable to its broad base of shareholders.
Key Individuals in DoorDash Ownership
The co-founders of DoorDash, who established the company in 2013, hold notable stakes in the business. These individuals played a crucial role in building the restaurant delivery service into the industry giant it is today.
| Name | Role | Approximate Ownership Percentage | Notes |
|---|---|---|---|
| Tony Xu | Co-founder & CEO | 4.6% plus options | Became a billionaire after the 2020 IPO. |
| Andy Fang | Co-founder | Approximately 4% | Met Tony Xu while studying at Stanford. |
| Stanley Tang | Co-founder | Approximately 4% | Met Tony Xu while studying at Stanford. |
Tony Xu, who co-founded DoorDash and serves as its CEO, maintains a substantial portion of the company's equity, along with Andy Fang and Stanley Tang.
The Role of Public Ownership
When a company like DoorDash goes public through an IPO, it sells shares to investors. This process allows the company to raise capital for growth and operations. In return, the ownership of the company is dispersed among these new shareholders. While the co-founders maintain significant influence and ownership, the ultimate owners are the multitude of individuals and investment firms that hold DoorDash stock. This model empowers a wider range of investors to participate in the company's success and provides liquidity for early investors and employees.
