Hey, I'm Dan! I invest in early-stage startups at Madrona and write the DL, a weekly newsletter about tech in the PNW

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Quibi Quotes

If you haven’t downloaded Quibi yet… don’t worry about it. No one else has either. Despite raising $1.8B and launching with content from JLo, Lebron, and Steven Spielberg, they only have 1.3M active users...

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The Future of EdTech

Scott Galloway wrote a great piece on the future of education in NY Mag, and instead of just naming startups building personalized education tech, he says:

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Is Tech's Balance of Power Shifting?

Last week, The Economist published an article arguing that the pandemic is shifting the balance of tech power from SF to Seattle because of “a new era of subscriptions, e-commerce, and business infrastructure.”

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Founders’ Co-op Deep Dive

Founders’ Co-op was founded in 2008 and has invested in 100+ startups. They target $250-750K seed investments in PNW startups, and last year, they closed a $25M fund. One cool piece of their history is...

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Amazon Engineers on Amazon

Last week, Tim Bray, a VP/Distinguished Engineer at Amazon, quit and wrote a viral blog post explaining his decision:

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Dallas Re-Opening Stats (courtesy of Mark Cuban)

After Dallas reopened last weekend, Mark Cuban paid a team of secret shoppers to find out how many restaurants and stores actually re-opened and how many of them followed safety protocols.

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April 2020 PNW Venture Deals

Here are the PNW startups that announced new fundraising rounds in the month of April. Despite the COVID slowdown, these 28 companies raised $220M+ last month!

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Earnings Highlights from Microsoft and Amazon

Microsoft: “As COVID-19 impacts every aspect of our work and life, we’ve seen two years’ worth of digital transformation in two months“

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Actual P&L from a Seattle Restaurant

The owner of Some Random Bar posted a very sobering video breaking down his restaurant’s economics during the quarantine and its prospects going forward. Some key stats:

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How Will Tech Change Post-COVID?

Coming out of the last crisis, tech companies have done incredibly well, and COVID is driving every organization (and consumer) to adopt new technologies faster than they would have otherwise. So who is best positioned to win?

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