Everyone wrote off DoorDash (NASDAQ: DASH).
At its IPO in December 2020, one analyst called it “the most ridiculous IPO of 2020.” The company had lost $667 million in 2019, operated in a brutally competitive industry, and had no clear path to profitability.
Fast forward to today: DoorDash commands over 60% of the U.S. food delivery market, operates across…