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

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Seattle's First IPO in 2020 🎉

Accolade went public on July 2, and it was Seattle’s first IPO of the year! Geekwire wrote a great article on the IPO and interviewed Accolade’s CEO, Raj Singh.

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Slack vs. Microsoft

Stratechery wrote a great article this week on the future of Slack. He starts by going back to that time Slack took out a full page NY Times ad to throw shade on Microsoft Teams (and points out that now Teams has 75M DAUs, while S

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June 2020 PNW Venture Deals

Here are the PNW startups that announced new fundraising rounds in the month of June. These 20 companies raised more than $1.1B last month!

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Vancouver, WA on the front page of Reddit 👏

Of course, Reddit was quick to point out that Batman’s mask doesn’t cover his mouth or nose. 😆

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What's next for M&A?

Here’s a cool chart from The Economist showing all of the deals that the big tech companies have done over the last decade. Interestingly, the last three multi-billion dollar acquisitions were all Microsoft and Amazon deals.

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Low Code / No Code / Honey Code 😍

Last week, Amazon released Honeycode, a new service that lets people build apps without writing code. (btw, check in with The DL’s favorite “VP in Purgatory” to get his take on the name)

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Another weird name from Amazon

Amazon renamed KeyArena… and while Climate Pledge is a good name for an investment fund, it’s a weird name for an arena. Add your ideas on better names to Geekwire’s Twitter post. I’m a fan of AWS Hockey Availability Zone.

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Microsoft nixes Mixer, partners with Facebook Gaming

In a confusing set of press releases, Microsoft and Facebook announced that Microsoft is shutting down Mixer and moving the Mixer community over to FB Gaming. After July 22, Mixer.com will redirect to fb.gg.

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And on the second day...

Earlier this year, The Economist wrote an article on how Seattle is the new epicenter of the tech world as products and business models move away from ads towards subscriptions, e-commerce, and cloud infrastructure.

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👊 Go Docusign!

After its IPO in 2018, Docusign traded around $40-50 per share, and today it’s trading at over $160, giving it a market cap of ~$30B. Thanks to this growth, Docusign is officially becoming part of the NASDAQ 100 (100 largest compa

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