Food delivery and valet parking startups are turning out to be 'donkeys

It reminds me of Webvan all over again (the first time all of these food delivery startups failed).

Food delivery is extremely difficult to get right. You needs lots of money in the beginning and the shipping routes need to be really efficient.

I have no comment on Valet parking startups, but it doesn't seem like a very profitable space, especially when VC wants a 10X ROI.