Contrary Research

We’re excited to introduce Contrary Research! Our vision is to be the best destination for finding high-quality research and in-depth analysis of private companies. 1/11

DoorDash and Uber Eats have dominated the food delivery market, accounting for 87% of $100B US market. But restaurants are starting to push back. @owner has reached a $1B valuation by helping restaurants cut the cost of delivery. Some highlights from our memo:

Uber might not have an AV group, but it’s signing partnerships with almost every AV company around. Since publishing this AV partners chart in January, it has also signed deals with Baidu (today), May Mobility, and Momenta. Baidu is #2 in AV globally (1.4m rides in Q1!)

One of the reasons Windsurf and Cognition are a good match? Focus on enterprise. Cognition announced a deal with Citi to roll out Devin to its 40K developers yesterday. Windsurf has had a strong focus on enterprise since its inception.