Hes also a member of ChicagoNEXT, an organization focused on growing business opportunities in Chicago. Fast Radius Inc is a cloud manufacturing and digital supply chain company. Maloney, 44, who co-founded the company in 2004 in Chicago, had most recently grappled with the most tumultuous period in Grubhubs history, as cities and states impose regulations aimed at curbing the fees delivery services charge to restaurants. Maloney guided Grubhub through five rounds of investment funding, a merger with then-rival food ordering company, Seamless, in 2013, and its IPO in 2014. Matt Maloney has been the CEO of GrubHub Seamless since the spring, 2013 merger of the two largest online food delivery services, GrubHub and Seamless.com. He is notable for his rookie season when the two players in front of him on the depth chart had season ending injuries and Maloney was able to start all 82 regular season games at . He also navigated several key acquisitions including leading restaurant delivery services, Restaurants on the Run and DiningIn, as well as DotMenu and the launch of OrderHub in 2012. The estimated Net Worth of Matthew M. Maloney is at least $150 Million dollars as of 1 May 2021. "Matt Maloney has decided to step down as member of the companys management board, effective 1 December 2021, to pursue other opportunities," the company said in a release. I'm Adam Patnaude, Head of Investor Relations. You can't let financing drive the strategy of the company, but the company needs to grow and evolve and get stronger. I want them to have one, because then they can process orders better and faster. So it's little wonder solar is also becoming one of the fastest growing sectors in the U.S. stock market. Maloney's departure leaves Just Eat . And that means everyone is happier: the diner, the restaurant, us. In addition, he makes $7,835,650 as Chief Executive Officer and Director at Just Eat . Just Eat Takeaway.com N.V. operates an online food delivery marketplace. Under Matts leadership, Grubhub has grown its active diner network to more than 22 million users who can order from more than 300,000 takeout restaurants in over 3,200 cities. We realized we had a really good product that was scalable. Matt Maloney, Grubhub CEO. They are one of the pioneers of the online food ordering industry so they faced a major barrier where most people get used . Top Podcasts In Business The Ramsey Show Ramsey Network Planet Money NPR Jocko Podcast Jocko DEFCOR Network How I Built This with Guy Raz Guy Raz | Wondery REAL AF with Andy Frisella Andy Frisella #100to0 , The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. , The latest from Restaurant Business, sent straight to your inbox. The most-recent trade in GrubHub Inc is the Matthew Maloney serves as Chief Executive Officer, Director of the Company. . In an email to his employees following the presidential election, GrubHub CEO Matt Maloney revealed that he doesn't think much of President-elect Donald Trump's attitude: "While demeaning . Fast Radius Inc (FSRDQ)'s detailed insider trading history can be found in Insider Trading Tracker table. About. The current estimated net worth of Grubhub Inc's CEO, Matthew M Maloney, is estimated to be about $106.29M . Likewise, Mr. Maloney also serves on the board of directors of the Museum of Science and Industry in Chicago. In addition, he makes $7,835,650 as Chief Executive Officer and Director at Just Eat Takeaway.com N.V. Matthew has made over 135 trades of the Just Eat Takeaway.com N.V stock since 2014, according to the Form 4 filled with the SEC. An emotional post-election e-mail from GrubHub CEO Matt Maloney to the company's employees is being condemned by Donald Trump supporters as "hateful" and "intolerant" for . Our latest earnings reported our net commission rate at 14.2 . Previously, Matt was the CEO of GrubHub, a company he co-founded in 2004 with his friend Mike Evans. 3) Lack of innovation for the industry. of 0 shares. The global market for solar energy is expected to be worth an astronomical $1 trillion by the end of 2028, with increasing adoption of solar by commercial, non-profit, and public entities. Both companies charged 10% commissions to restaurants, but now they may charge up to 30%. Organization Name. Prior to the Merger, Mr. Maloney served as Chief Executive Officer and a member of the board of directors of Grubhub Holdings, a company he co-founded in 2004. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Winsight is a leading B2B information services company focused on the food and beverage industry, providing insight and market intelligence to business leaders in every channel consumers buy food and beverage convenience stores, grocery retailing, restaurants and noncommercial foodservice through media, events, data products, advisory services, and trade shows. Matthew M. Maloney around $75,960. Stock quotes provided by InterActive Data. The company's manufacturing capabilities include Additive Manufacturing, CNC Machining, Injection Molding, and Urethane Casting. sale There are 13 older and 6 younger executives at Just Eat Takeaway.com N.V. . This information is according to proxy statements filed for the 2020 fiscal year. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. Grubhub serves some 31 million diners who can order takeout from over 300,000 restaurants in more than 4,000 cities. Definitely worth the time! Mr. Maloney holds a B.A. Prior to GrubHub's merger with Seamless North America LLC, Maloney led the company through five rounds of investment funding, the acquisition of . Through this partnership, customers in over 500 cities were able to order takeout from over 20,000 restaurants. For over a . Matthew M. Maloney is the CEO of GrubHub Inc and owns about 4,635 shares of GrubHub Inc (GRUB) stock worth over $83,476 . GrubHub is a ventured-backed company founded in 2004 by Chicago-based software engineers Matt Maloney and Mike Evans. Learn More on Just Eat Takeaway.com's active insiders. sale and During their debut decade, Grubhub and Seamless were dominant in the food delivery market, but they began competing against each other as food delivery began to take off in the early 2010s. That's the unsung part of our business. Chief Operating Officer John Nanry In New York City, you'll see Seamless ads plastered on the subways and buses. This business is hyperlocal. Financial Analysis - In 2017, the total revenue for Grubhub was $683 million, cost of revenue of $325.7 million, and a gross profit of $357.3 million. . Matt Maloney, Grubhub's founder and CEO, will join Just Eat Takeaway.com's board and will lead the company's North American business, the companies said. That was major--it's a lot easier to pull out your phone and order with three thumb taps. Matthew M. Maloney Education June 06, 2022 Post a Comment Matthew M Maloney Net Worth Biography Insider Trading History . . This net worth evaluation does not reflect any other investments that Mr. Maloney may own. In 2006, GrubHub won the University of Chicago's New Venture . Most recently, Matthew M. Maloney sold 1,000 shares of the business's stock in a transaction on Thursday, January 21st. Maloney will step down in December to pursue other opportunities, the company said Friday. The companys shares were getting hammered, plummeting by 43 percent after a poor earnings report on Oct. 29, 2019, in which Grubhub drastically slashed its financial outlook, blaming fierce competition at the time. The company was founded in 2004 in Chicago, Illinois. He is a member of ChicagoNEXT, an organization dedicated to driving growth and opportunity in the Chicago business community. In summary, during the past 3 months, insiders sold 0 shares of GrubHub Inc (GRUB) in total and bought 0 shares, with a net He also navigated several key acquisitions including leading restaurant delivery services, Restaurants on the Run and DiningIn, as well as DotMenu and the launch of OrderHub in 2012. as one of Americas Most Powerful CEOs 40 and Under in 2016, and as one of. of The next step was expanding to a second city. Now, nearly half of our 175,000 daily orders go through our tablet technology. Founded in 2004, Grubhub provides an online takeout food platform for diners and restaurants. After making the Inc. 500 in 2010 and 2011, GrubHub hit $137 million in revenue in 2013. was replaced as Grubhub CEO by Adam DeWitt, Chilis hires advertising veteran Jesse Johnson as VP of marketing, Zaxbys names KFC veteran as new chief supply chain officer, Burger King taps a former Pepsico executive to head U.S. marketing, Texas Roadhouse names Gina Tobin president, Texas Roadhouse CFO Tonya Robinson retires. GrubHub CEO Matt Maloney has gotten a lot of flack since he sent out an anti-Trump email to employees Wednesday. . Published Nov 11, 2016. The estimated Net Worth of Matthew M. Maloney is at least $150 Million dollars as of 1 May 2021. The IPO process, at a fundamental level, exposes what makes every company tick. Innovation works best when there's a problem to solve. His listing agent, Colette Cachey Smithburg, also declined to comment on the sale. Users can call the restaurants to place a delivery order or use Grubhub's online ordering system. We wanted to be a national company, but we couldn't afford to put an office in every city in the U.S. At the time, we were working on geographic lookup searches for rental real estate. Doordash has edged into the number one position with 36 percent market share, according to the data company. Answer: Discuss the risks that Matt Maloney and Mike Evans took when they joined forces to start Grubhub. He served on the board of directors of Merge Healthcare Incorporated, a provider of enterprise imaging software solutions, from August 2012 until Merge Healthcare was acquired by IBM in October 2015. In 2006, GrubHub won the University of Chicago's New Venture Challenge. By keeping both brands, we didn't have to spend money to promote Seamless in markets outside of New York or to promote GrubHub inside New York. . Even Fortune 500 companies such as Apple, Amazon, and Walmart are investing in solar to help save money over the long term. The performance of stocks bought by Matthew M. Maloney within 3 months outperforms 1 times out of 1 transactions in total compared to the return of S&P 500 within the same period. sale This photo shows a rendering of the lobby. "He knows we have the best team in the world and we will build his legacy for decades to come.". "I'm still trying to reconcile my own worldview with the overwhelming message that was delivered last night. What is Matt Maloney's net worth? During the past 18 months, 0 shares of Legacy EJY Inc (ENJYQ) were sold and 0 shares were bought by its insiders, resulting in a net , That's because . We are sorry to see him leave the Company and wish him the best in his future endeavours.. In summary, during the past 3 months, insiders sold 0 shares of Legacy EJY Inc (ENJYQ) in total and bought 0 shares, with a net Matt Maloney Education Matt Maloney finished their High School education with Good Grades. We're constantly working to improve our technology. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Sign up to receive texts from Restaurant Business on news and insights that matter to your brand. See Matt Maloney's compensation, career history, education, & memberships. Currently, Mr. Maloney occupies the position of Chief Executive Officer & Director at Grubhub, Inc. and Chief Executive Officer at Dotmenu, Inc. and Chief Executive Officer & Director at GrubHub Holdings, Inc. (both are subsidiaries of Grubhub, Inc.). We launched our mobile platform in 2010. GrubHub co-founder Matt Maloney took his Chicago food ordering service from scrappy startup to a public company worth $3 billion. brought After that Matt Maloney had done graduation in Bahlor degree in US state university. 1,000 shares on January 21, 2021, which Disclamer: the number about Grubhub's Instagram salary income and Grubhub's Instagram net worth are just estimation based on publicly available information about Instagram's monetization programs, it is by no means accurate. The most recent transaction was a sale order of 4,000 units , worth He received an undergraduate degree from Michigan State University and an MBA and a graduate degree from The University of Chicago. Over the last two decades, the online food-delivery empire has grown to be worth over $2.37 billion, . However, the Maloneys never occupied the mansion, which was built in 1886. Past performance is a poor indicator of future performance. $1 billionGross food sales via GrubHub in 2013, The Daily Digest for Entrepreneurs and Business Leaders. Matt Maloney Career Wiki. Matt Maloney was CEO of GrubHub Seamless as the company merged with two of the largest online food delivery services, GrubHub and Seamless.com, in the. Grubhub founder Matt Maloney is leaving the food delivery giant just four months after it was acquired by a European conglomerate. So we had to figure out a way to build a market, drive awareness, and sign up restaurants without having to pay rent. Matt Maloney and Mike Evans founded GrubHub, an online restaurant delivery service, in Chicago in 2004. Maloney was recognized by Forbes as one of Americas Most Powerful CEOs 40 and Under in 2016, and as one of Fortunes Top 50 Business People in 2014. We realized that certain restaurants were having a hard time keeping up with the volume of orders. Matt . Two years later, in 2006, Maloney and Evans won first place in the University of Chicago Booth School of Business's Edward L. Kaplan New Venture Challenge with the business plan for Grubhub.. In total, Matthew M Maloney has made about 82 transactions over 5 years of their time at Grubhub Inc. On average, Matthew trades about 21,429 units every 16 days since 2014. Details To Know About Virginia Governor Candidate, Keri Lewis Biography; Net Worth, Age And Wife, Education (High School / College / University), The University of Chicago Booth Scholl of Business / University of Chicago / Michigan State University, Social Media (Twitter Instagram Facebook). Grubhub spent $319 million on operations and support to handle the growth in order volume and $120 million on sales and marketing, particularly to help drive orders to struggling restaurants. (VHT). These days, instead of having managers in each place, we just have people on the ground in our top 10 markets. Matt was named one of Americas most powerful CEOs 40 and under in Forbes Magazine in 2016 and one of the top 50 business people of 2014 by Fortune Magazine. The North America segment consists of operations within the United States and Canada. But the company also reported a net loss of $155 million in 2020, its largest . . Matt Maloney made $3,237,500 in 2005. Billionaire Ken Griffin, Illinois richest man, paid $58.75 million in November for the top four floors in the Near North condominium building at 9 W. Walton St., known as No. We thought restaurants would pay for the ability to capture the attention of hungry people. Now look at Matt Maloney Net worth income salary 2021 latest updated report given here. I had a chance to recently talk to GrubHub's CEO Matt Maloney about where the company is at today and where he thinks it can go. Liven Family Net Worth 2022 How Rich is the Family? It derives a majority of revenue from North America. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. He founded Grubhub in 2004 and has grown the company into one of the leading online and mobile takeout food ordering and delivery services. Bio: Husband, Net Worth, Married, Family, Education (High School / College / University), The University of Chicago Booth Scholl of Business / University of Chicago / Michigan State University, Social Media (Twitter, Instagram, Facebook). Bob Goldsborough is a freelance reporter. Matt Maloney - Food Delivery App Idea - Grubhub. That's when I heard the screeching wheels in my head: Why wasn't there something like this for food delivery? Matthew M Maloney owns about 5,554 units of Grubhub Inc common stock. Learn More on Just Eat Takeaway.com's active insiders. Both Seamless and Grubhub made things a lot simpler by saving card information and uploading the complete menus of local restaurants. He has built a magnificent company and helped create hundreds of thousands of jobs across the US. President & CFO and Treasurer Adam Dewitt Announced Date. They had spent thousands of dollars putting up crappy websites that nobody ever found, so the idea of paying for another site of unknown value wasn't appealing. Rather than just taking takeaway orders, the new services offered restaurants delivery services at an increased commission rate. We believe the merger will enhance the products we are able to offer both our diners and restaurants," said Matt Maloney, GrubHub co-founder and CEO. He led the company through five rounds of investment funding, a 2013 merger with Seamless, and a 2014 initial public offering. of 0 shares. Insiders are limited to only officers and/or directors of the company. 31 transactions in GrubHub Inc (GRUB) over the past 5 years, including 1 buys and 30 sells. Grubhub Inc's most recent insider trade came on December 30, 2020 by director & 10 percent owner Ennv Gp, Llc Most recently he exercised 16,561 units of GRUB stock worth $114,105 on 1 May 2021. The news was revealed Friday by Grubhub's new owner, Amsterdam-based JustEatTakeaway (JET), which acquired the company in June for $7.3 billion. You can select different timeframes to see how Matthew M. Maloney's insider trading performs compared to the benchmark. THE BAD: Grubhub's scumbag CEO, Matt Maloney had a temper tantrum immediately after Trump won in 2016, asking Trump-supporting employees who do not support a "culture of support and inclusiveness" to quit, thus falsely implying that Trump is somehow exclusive. Advertisement 7. Founder of Grubhub, Inc., GrubHub Holdings, Inc. and Dotmenu, Inc., Matthew M. Maloney occupies the position of Chief Executive Officer & Director at Grubhub, Inc. and Chief Executive Officer at Dotmenu, Inc. (a subsidiary of Grubhub, Inc.). Mr. Maloney currently serves as an advisory board member for The University of Chicago Booth School of Business Polsky Center for Entrepreneurship. OAKLAND, Calif. Just Eat Takeaway, a European food delivery service, said on Wednesday that it had agreed to buy Grubhub for $7.3 billion, a deal that would give it a foothold . Amsterdam-based Just Eat Takeaway bought Grubhub, which also owns . The mansion is unusual for Lincoln Park in that it's built across a double lot and extends fully 50 feet, from lot line to lot line. Previously, Matt was the CEO of GrubHub, a company he co-founded in 2004 with his friend Mike Evans. Finally we said, "What if we take a 10 percent commission on whatever we sell for you?" The process of ordering food was complicated at the time. , The risks that Matt Maloney and Mike Evans took when they joined to start Grubhub are customer target and technology. but never stop believing that the fight for what's right is worth it. He founded Grubhub in 2004 and has grown the company into one of the leading online and mobile takeout food ordering and delivery services. In addition, he makes $7,835,650 as Chief Executive Officer and Director at Just Eat . "I did not ask anyone . Gurus may be added or dropped from the GuruFocus site at any time. It has been a staple of our advertising ever since. Learn More on Matthew M. Maloney's contact information. REUTERS/Lucas Jackson You might contact Matthew M. Maloney via mailing address: 200 East Randolph Street, Suite 2435, Chicago Il 60601. Stay strong, Matt. Matthew M Maloney owns about 5,554 units of Grubhub Inc common stock. We're going to do it anyway." Maloney joined JET's board following the acquisition and was replaced as Grubhub CEO by Adam DeWitt, who had been the company's CFO for nearly a decade. The original Chicago-based Grubhub was founded in 2004 by Mike Evans and Matt Maloney to create an alternative to paper menus. sale Mr. Maloney led Grubhub Holdings through five rounds of investment funding, the acquisition of DotMenu, the Merger and our initial public offering in April 2014 (the IPO). There are no executives at Just Eat Takeaway.com N.V getting paid more. Maloney holds an M.B.A. and M.S.C.S. It's just smart. Rosemary Ketchum Wiki Bio: Age, Married, Net Worth, Family, Transgender Official, Political Party, Anastasia Amoroso Wiki: Age, Net Worth, Wedding, Husband, Education, Parents, Birthday. , Not a lot has changed since we went public. That's because copper is critical to the world's shift to renewable energy. Reached on his cellphone, Maloney declined to comment on the deal. Maloney played with the Houston Rockets from 1996 to 1999, [2] the Chicago Bulls during 1999-2000 and the Atlanta Hawks for the 2000-01 and 2002-03 seasons . Grubhub Inc. provides an online food order and delivery service run by Just Eat Takeaway, through which diners can connect with local restaurants. Grubhub founder Matt Maloney is leaving the food delivery giant just four months after it was acquired by a European conglomerate. Other key executives at Fast Radius Inc include Wiki: Net Worth, Husband, Wedding, Diet, Son, Engaged, Whos Shah Rukh Khan? Wiki: Net Worth, Nationality, Ethnicity, Wheres Mena Suvari today? Share. How I Did It: Matt Maloney of GrubHub and Seamless. The largest trade he's ever made was selling 476,190 units of Just Eat Takeaway.com N.V stock on 9 April 2014 worth over $11,514,274. Enjoy a 7-Day Free Trial Thru Jan 25, 2023! of 0 shares. Mr. Maloney boasts that GrubHub . Mr. Maloney has served as our Chief Executive Officer and a member of our Board since August 8, 2013 (the Merger Date), the date of the business combination (the Merger) of Grubhub Holdings Inc. (Grubhub Holdings), Seamless Holdings Corporation (Seamless Holdings) and Seamless North America, LLC (together with Seamless Holdings, Seamless), and as our President from August 2015 to January 2018. Matt Maloney has made 3 investments. Welcome to GrubHub Second Quarter of 2019 Earnings Call. June 10, 2020. Matt Maloney (Grubhub) interviewed by Mark Tebbe. (I have at least heard of them.) If your order's not out the door in 20 minutes, then we're on the phone figuring out what's wrong. By one measure, Grubhub controls 34 percent of New York City as of July, down from 72 percent just two years ago, according to data analytics firm Bloomberg Second Measure. Health Education Puzzles And Puzzlers . Joining me today to discuss GrubHub results are our Founder and. GrubHub CEO Matt Maloney made . GrubHub CEO Matt Maloney joins "Squawk Box" to discuss the launch of the company's membership program, the future of delivery services in 2020, the coronavir. We were frustrated by the lack of dinner options as well as the pain in the ass of calling restaurants and reading our credit cards. The idea of ordering takeout online was conceived in New York and Chicago in the early 2000s by two groups. the CEO of GrubHub Inc and owns about 4,635 shares of GrubHub Inc (GRUB) stock worth over $83,476. 47 min; JUN 3, 2021; . Since founding GrubHub, Matt returned to the University of Chicago to pick up his MBA. It also rolled out a price guarantee initiative. Mr. Maloney owns over 16,561 units of Just Eat Takeaway.com N.V stock worth over $173,008 and over the last 9 years he sold GRUB stock worth over $141,545,561. I would have been loath to say it before we merged, but the companies were similar--we were solving the same problems but in different geographies. Chief Executive Officer at GrubHub. That placement worked very well. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Legacy EJY Inc, formerly Enjoy Technology Inc is a technology-powered platform reinventing Commerce at Home to bring the best of the store directly to the customer. Chicago-based Grubhub has been quite active under JET's ownership. Learn More about Matthew M. Maloney's net worth. His net worth sits at US$9.8bn - up from US$3.5bn in 2022. In 2006, GrubHub won the University of Chicago's New Venture Challenge and Mike and I collected hundreds of menus around my Chicago neighborhood, and he wrote some code. Of this total $710,000 was received as a salary, $411,800 was received as a bonus, $3,864,662 was received in stock options, $3,310,770 was awarded as stock and $11,400 came from other types of compensation. Mr. Maloney owns over 16,561 units of Just Eat Takeaway.com N.V stock worth over $173,008 and over the last 8 years he sold GRUB stock worth over $141,545,561. We have a business model that everyone understands. The reason is that a subsequent owner added a second story in 2006 and reclad its exterior. My broad industry knowledge comes from experience . Matt We didn't know the neighborhoods the way we do in Chicago. By Joe Guszkowski on Oct. 08, 2021. Learn More about Matthew M. Maloney's net worth. This photo shows a rendering of the lobby. Matt Maloney made at least $17,389,676 playing professional basketball. According to the SEC Form 4 filings, Matthew M. Maloney has made a total of Seamless, in 2013, and its IPO in 2014. Our tablet technology, on the other hand, wasn't so obvious. It added its own delivery service in 2015 amid the rise of competitors like Uber Eats and DoorDash, which have together taken significant market share from Grubhub in recent years. Save my name, email, and website in this browser for the next time I comment. "GrubHub and Seamless share a common goal to generate more business for local takeout restaurants while providing the best possible service to diners. It also merged with competitor Seamless (another Inc. 500 alum). director & Chief Executive Officer Ronald B Johnson Their latest investment was Seed Round - Protg on Mar 15, 2022, when Protg raised $8.5M. Matthew Maloney is the founder and CEO of online food ordering company, Grubhub, Inc. The most active traders at the company are The takeout executive serves on the boards of the Museum of Science and Industry in Chicago, the Polsky Center of Entrepreneurship and Innovation at the University of Chicago Booth School of Business, Marquee Raine Acquisition Corp. and Merge Healthcare Incorporated. This idea led to Seamless in New York City, and Grubhub came into being in Chicago. Based on ownership reports from SEC filings, as the reporting owner, Matthew M. Maloney owns 3 companies in total, including GrubHub was doing a really good job nationwide--but Seamless had incredible brand awareness in New York. The corporate mailing address for Mr. Maloney and other Just Eat Takeaway.com executives is 111 WEST WASHINGTON STREET SUITE 2100, CHICAGO IL, 60602. As of 1 May 2021 he still owns at least 25,110 units of Just Eat Takeaway.com N.V stock. GrubHub shares were trading at around $31 each in late trading today. All of that contributed to a net loss of $68 million. (JDL Development / E. Jason Wambsgans/Chicago Tribune (inset)), Built in 1953, the house does not significantly resemble how it looked when the Belushi family owned the home. GuruFocus.com is not operated by a broker or a dealer. The longer they can push you off, the more options they keep open. Now look at Matt Maloney Net worth income salary 2021 latest updated report given here. So, we can copy what they do and make it better, or we can merge with them. We've received your submission. The revenue generated by Grubhub has grown consistently since its public launch, despite its market share decline in 2019. In 2004, he and co-worker Mike Evans launched GrubHub, an online food-ordering service, in Chicago. GrubHub Inc (GRUB)'s detailed insider trading history can be found in Insider Trading Tracker table. Only the transactions in Open Market or Private Sale at the market prices are included. . "I talked to Matt earlier, and he knows there is a lot more work to do, but after two decades of making food delivery better for everyone, he is ready to move on to the next chapter," DeWitt wrote in a staff email that was obtained by Restaurant Business. Grubhub serves some 31 million diners who can order takeout from over 300,000 restaurants in more than 4,000 cities. director & Chief Admin and People Officer Jonathan D Mariner GrubHub co-founder Matt Maloney took his Chicago food ordering service from scrappy startup to a public company worth $3 billion. Risks that Matt Maloney and Mike Evans and Matt Maloney - food delivery marketplace the Business 's in. Data company for Entrepreneurship 's active insiders 's stock in a transaction on Thursday, January 21st him the team. Funding, a company he co-founded in 2004 by Chicago-based software engineers Matt and. That Mr. Maloney currently serves as Chief Executive Officer and Director at Just Eat Takeaway.com 's active.. About 5,554 units of Grubhub and Seamless has changed since we went public founder. Director of the Business 's stock in a transaction on Thursday, January 21st over 20,000 restaurants public! 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