CapitalTime MachineTHE PRIVATE-TO-PUBLIC JOURNEY
Start with a private share price. Follow the evidence into public markets.
Approximate marked value on Dec 31, 2020
$10,000.00 at the Series H issuance price, carried forward as 217.835499 Class A-equivalent shares.
Purchase date unknown
$10,000.00$45.9062 per share · split-restatedDec 8, 2020
$22,219.22$102.00 per shareDec 31, 2020
$31,096.02$142.75 per shareA price mark, not money received. No sale is assumed. An individual holder’s ability to sell is unknown. Fees, tax and distributions are excluded.
$142.75 · Class A common closing price on Dec 31, 2020.
Outstanding Equity Awards at 2020 Year-End, footnote (1), p. 48. Published Apr 29, 2021; source checked Sep 17, 2026.
Read 2021 proxy statement ↗Keep the inputs, source observations, assumptions and method version used for this result.
Download calculation record
{
"methodVersion": "private-ipo-bridge-1.2.0",
"revision": "dash-ipo-preview-v1",
"privateRevision": "ctm-research-2026-10-01",
"kind": "approximate_private_to_public_price_mark",
"company": "doordash",
"instrumentId": "DASH-CLASS-A-NYSE",
"inputs": {
"modelId": "DASH-H-IPO",
"markId": "DASH-CLOSE-2020-12-31",
"amount": "10000.00",
"currency": "USD"
},
"markedValue": "31096.02",
"offerMarkedValue": "22219.22",
"changeFromOffer": "8876.80",
"priceMultiple": "3.1096",
"priceChangePercent": "210.96",
"publicPriceChangePercent": "39.95",
"commonShareEquivalents": "217.835499",
"markDate": "2020-12-31",
"reviewedOn": "2026-09-17",
"stages": [
{
"id": "DASH-H",
"stage": "Private issuance price",
"date": null,
"dateRole": "purchase_date_unknown",
"price": "45.9062",
"value": "10000.00"
},
{
"id": "DASH-OFFER",
"stage": "IPO offer-price mark",
"date": "2020-12-08",
"dateRole": "offering_pricing",
"price": "102.00",
"value": "22219.22"
},
{
"id": "DASH-CLOSE-2020-12-31",
"stage": "Public closing-price mark",
"date": "2020-12-31",
"dateRole": "market_session_close",
"price": "142.75",
"value": "31096.02"
}
],
"evidence": {
"privateObservations": [
{
"id": "DASH-H",
"company": "DoorDash",
"date": "2020-06",
"dateRole": "reported_issuance_month",
"value": "45.9062",
"currency": "USD",
"scope": "per_share_issuance_price",
"qualifier": "",
"shareClass": "Series H preferred",
"source": "https://www.sec.gov/Archives/edgar/data/1792789/000162828021004032/dash-20201231.htm",
"locator": "Note 11: June 2020 Series H issuance; Note 1: retroactive five-for-one split",
"publisher": "SEC · DoorDash filing",
"verification": "primary_verified",
"checkedOn": "2026-09-17",
"supportingSources": []
},
{
"id": "DASH-OFFER",
"company": "DoorDash",
"date": "2020-12-08",
"dateRole": "offering_pricing",
"value": "102.00",
"currency": "USD",
"scope": "public_offer_price_per_share",
"qualifier": "",
"shareClass": "Class A common",
"source": "https://www.sec.gov/Archives/edgar/data/1792789/000119312520313884/d752207d424b4.htm",
"locator": "Cover: prospectus dated December 8, 2020, filed December 9",
"publisher": "SEC · DoorDash filing",
"verification": "primary_verified",
"checkedOn": "2026-09-17",
"supportingSources": []
}
],
"publicObservation": {
"id": "DASH-CLOSE-2020-12-31",
"company": "doordash",
"instrument_id": "DASH-CLASS-A-NYSE",
"currency": "USD",
"value": "142.75",
"date": "2020-12-31",
"date_role": "market_session_close",
"price_basis": "as_reported_unadjusted_close",
"share_basis": "post_2020_split",
"share_class": "Class A common",
"source_id": "DASH-2021-PROXY",
"source_locator": "Outstanding Equity Awards at 2020 Year-End, footnote (1), p. 48",
"value_status": "reported",
"verification": "primary_verified"
},
"conversion": {
"effective_date": "2020-12-09",
"preferred_to_common_factor": "1",
"listed_equivalent_factor": "1",
"from_class": "Series H preferred",
"to_class": "Class A common",
"listed_class": "Class A common",
"split_handling": "already_reflected_do_not_apply_again",
"source_ids": [
"DASH-PROSPECTUS",
"DASH-2020-K"
],
"source_locators": [
"Prospectus Note 10: Conversion",
"2020 Form 10-K Note 11: conversion immediately before IPO"
],
"note": "Series H uses 1:1 Class A equivalents. Series B and note-conversion securities are outside this review."
},
"publicBasisReview": {
"from_date": "2020-12-09",
"through_date": "2020-12-31",
"units_factor": "1",
"status": "reviewed_selected_endpoints",
"source_ids": [
"DASH-2020-K",
"DASH-2021-PROXY"
],
"source_locators": [
"2020 Notes 1, 11 and 12; statements of equity",
"2021 proxy: Outstanding Equity Awards at 2020 Year-End"
],
"note": "The selected endpoint uses the post-split Class A unit. No additional split is applied."
},
"restrictions": {
"status": "holder_eligibility_unknown",
"source_id": "DASH-PROSPECTUS",
"source_locator": "Shares Eligible for Future Sale: Lock-Up and Market Standoff Agreements, pp. 259–261",
"note": "Conditional early releases and final release terms apply. This mark does not establish a particular holder’s ability to sell."
},
"sources": [
{
"id": "DASH-PROSPECTUS",
"title": "Final IPO prospectus",
"url": "https://www.sec.gov/Archives/edgar/data/1792789/000119312520313884/d752207d424b4.htm",
"published_on": "2020-12-09",
"publisher": "DoorDash · SEC filing",
"retrieved_on": "2026-09-17",
"verification": "primary_verified",
"publication_rights": "approved_for_public_use",
"production_approved": true,
"publication_review": {
"date": "2026-09-17",
"basis": "Attributed factual observations from SEC EDGAR public filings; no artwork or endorsement",
"policy_url": "https://www.sec.gov/about/webmaster-frequently-asked-questions"
}
},
{
"id": "DASH-2020-K",
"title": "2020 Form 10-K",
"url": "https://www.sec.gov/Archives/edgar/data/1792789/000162828021004032/dash-20201231.htm",
"published_on": "2021-03-05",
"publisher": "DoorDash · SEC filing",
"retrieved_on": "2026-09-17",
"verification": "primary_verified",
"publication_rights": "approved_for_public_use",
"production_approved": true,
"publication_review": {
"date": "2026-09-17",
"basis": "Attributed factual observations from SEC EDGAR public filings; no artwork or endorsement",
"policy_url": "https://www.sec.gov/about/webmaster-frequently-asked-questions"
}
},
{
"id": "DASH-2021-PROXY",
"title": "2021 proxy statement",
"url": "https://www.sec.gov/Archives/edgar/data/1792789/000162828021008245/doordashinc-def14a.htm",
"published_on": "2021-04-29",
"publisher": "DoorDash · SEC filing",
"retrieved_on": "2026-09-17",
"verification": "primary_verified",
"publication_rights": "approved_for_public_use",
"production_approved": true,
"publication_review": {
"date": "2026-09-17",
"basis": "Attributed factual observations from SEC EDGAR public filings; no artwork or endorsement",
"policy_url": "https://www.sec.gov/about/webmaster-frequently-asked-questions"
}
}
]
},
"sourceIds": [
"DASH-H",
"DASH-OFFER",
"DASH-CLOSE-2020-12-31"
],
"purchaseDate": null,
"cagr": null,
"realizedProceeds": null,
"saleEligibility": "unknown",
"formula": "amount ÷ reviewed preferred issuance price × reviewed conversion factors × selected Class A closing price",
"assumptions": [
"Fractional share equivalents; no rounding until displayed.",
"Series H preferred converts to Class A common using 1:1; listed equivalents use 1:1.",
"No additional split or generic dilution deduction.",
"No holder-specific adjustment or extra securities."
],
"limitations": [
"Approximate share-equivalent model using the precision published by the issuer.",
"A historical table date or issuance month is not an exact purchase date. No annualized return.",
"Price-only mark, not total return: distributions, fees, tax and inflation are excluded.",
"No sale, allocation, lock-up exemption or ability to access proceeds is established.",
"Selected historical closes only; no daily curve, maximum drawdown or current quote.",
"Source checking does not clear commercial redistribution rights."
],
"timeline": [
{
"id": "DASH-H-ISSUANCE",
"date": "2020-06",
"kind": "private_snapshot",
"title": "Series H issuance at $45.9062",
"note": "Reported issuance month, not an exact purchase date. The price is already restated for the November split.",
"source_id": "DASH-2020-K",
"source_locator": "Note 11: June 2020 Series H issuance"
},
{
"id": "DASH-SPLIT",
"date": "2020-11-09",
"kind": "split",
"title": "Five-for-one split",
"note": "Already reflected in the entry price.",
"source_id": "DASH-2020-K",
"source_locator": "Note 1: Stock Splits"
},
{
"id": "DASH-PRICING",
"date": "2020-12-08",
"kind": "pricing",
"title": "IPO priced at $102",
"note": "Offer mark; no allocation assumed.",
"source_id": "DASH-PROSPECTUS",
"source_locator": "Cover"
},
{
"id": "DASH-CONVERSION",
"date": "2020-12-09",
"kind": "conversion",
"title": "Preferred-to-common conversion",
"note": "Note 11 dates conversion immediately before the IPO on December 9. Item 5 separately reports settlement on December 11.",
"source_id": "DASH-2020-K",
"source_locator": "Note 11; Item 5: Use of Proceeds"
},
{
"id": "DASH-SETTLEMENT",
"date": "2020-12-11",
"kind": "settlement",
"title": "Offering settlement",
"note": "Item 5 reports closing on December 11; retain this separately from the conversion date in Note 11.",
"source_id": "DASH-2020-K",
"source_locator": "Item 5: Use of Proceeds"
}
],
"timelineSources": [
{
"id": "DASH-PROSPECTUS",
"title": "Final IPO prospectus",
"url": "https://www.sec.gov/Archives/edgar/data/1792789/000119312520313884/d752207d424b4.htm",
"published_on": "2020-12-09",
"publisher": "DoorDash · SEC filing",
"retrieved_on": "2026-09-17",
"verification": "primary_verified",
"publication_rights": "approved_for_public_use",
"production_approved": true,
"publication_review": {
"date": "2026-09-17",
"basis": "Attributed factual observations from SEC EDGAR public filings; no artwork or endorsement",
"policy_url": "https://www.sec.gov/about/webmaster-frequently-asked-questions"
}
},
{
"id": "DASH-2020-K",
"title": "2020 Form 10-K",
"url": "https://www.sec.gov/Archives/edgar/data/1792789/000162828021004032/dash-20201231.htm",
"published_on": "2021-03-05",
"publisher": "DoorDash · SEC filing",
"retrieved_on": "2026-09-17",
"verification": "primary_verified",
"publication_rights": "approved_for_public_use",
"production_approved": true,
"publication_review": {
"date": "2026-09-17",
"basis": "Attributed factual observations from SEC EDGAR public filings; no artwork or endorsement",
"policy_url": "https://www.sec.gov/about/webmaster-frequently-asked-questions"
}
},
{
"id": "DASH-2021-PROXY",
"title": "2021 proxy statement",
"url": "https://www.sec.gov/Archives/edgar/data/1792789/000162828021008245/doordashinc-def14a.htm",
"published_on": "2021-04-29",
"publisher": "DoorDash · SEC filing",
"retrieved_on": "2026-09-17",
"verification": "primary_verified",
"publication_rights": "approved_for_public_use",
"production_approved": true,
"publication_review": {
"date": "2026-09-17",
"basis": "Attributed factual observations from SEC EDGAR public filings; no artwork or endorsement",
"policy_url": "https://www.sec.gov/about/webmaster-frequently-asked-questions"
}
}
]
}BEHIND THE NUMBERS
This scenario applies the stated share prices and conversion assumptions to your chosen amount. The result is a hypothetical value, not a completed transaction.
EXPLORE THE OUTCOME
These historical marks do not describe the full price path. More dates appear only after their evidence is reviewed.
| Closing date | Class A price | Approx. value |
|---|---|---|
| Dec 31, 2020 (selected endpoint) | $142.75 | $31,096.02 |
UNDERSTAND YOUR RESULT
Amount ÷ private price × conversion factors × public close
Calculations retain full precision until display. The Series H issuance price retains all four published decimal places. It is not rounded to cents before calculation. The result is a hypothetical price mark.
Series H maps 1:1 to Class A equivalents. Series B and convertible-note entry paths are excluded. This models equivalent units, not an actual holder’s conversion.
The November 2020 five-for-one split is already reflected in the stated entry price. No additional split or generic dilution deduction is applied.
Conditional early releases and final release terms apply. This mark does not establish a particular holder’s ability to sell. Holder-specific terms, actual execution prices and cash proceeds are unknown.
A table date or issuance month does not establish an exact purchase date. The available public closes are selected evidence points. They cannot establish an annualized private return, daily price history, maximum drawdown or a current value.
Pricing, trading and conversion happened on different dates. The filing publication date may be later than the event it describes; this is retrospective research.
Reported issuance month, not an exact purchase date. The price is already restated for the November split.
Note 11: June 2020 Series H issuance
Published Mar 5, 2021 · Checked Sep 17, 2026
2020 Form 10-K (opens in a new tab)Already reflected in the entry price.
Note 1: Stock Splits
Published Mar 5, 2021 · Checked Sep 17, 2026
2020 Form 10-K (opens in a new tab)Offer mark; no allocation assumed.
Cover
Published Dec 9, 2020 · Checked Sep 17, 2026
Final IPO prospectus (opens in a new tab)Note 11 dates conversion immediately before the IPO on December 9. Item 5 separately reports settlement on December 11.
Note 11; Item 5: Use of Proceeds
Published Mar 5, 2021 · Checked Sep 17, 2026
2020 Form 10-K (opens in a new tab)Item 5 reports closing on December 11; retain this separately from the conversion date in Note 11.
Item 5: Use of Proceeds
Published Mar 5, 2021 · Checked Sep 17, 2026
2020 Form 10-K (opens in a new tab)Reported Class A closing price. A historical mark does not establish a holder’s ability to sell.
Outstanding Equity Awards at 2020 Year-End, footnote (1), p. 48
Published Apr 29, 2021 · Checked Sep 17, 2026
2021 proxy statement (opens in a new tab)Read the original preferred-share observations and their limitations, or explore the coverage available for other companies.
Historical research preview · Sources checked Sep 17, 2026. No investment access is offered. Source checking does not establish investment availability or permission for commercial redistribution.