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

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The disruption of disruption

Last week Ben Thompson published an interesting article called “The End of the Beginning” where he lays out his vision for the future of the tech industry...

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How much money does Twitch make?

So we know that the highest paid YouTuber makes $25M+ per year (btw - he’s eight years old), and the biggest Twitch/Mixer streamer makes $1M per month, but how much does Twitch - the company - make?

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Casper's S-1 and the DTC economy

Casper, the company fka as a mattress startup and now a “Sleep Economy” company, released their S-1 (document you file before an IPO) last week...

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December 2019 PNW Venture Deals

Here are the PNW startups that announced new fundraising rounds in the month of December. These 22 companies raised $320M+ last month.

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Read this before starting a startup

One of last week’s top links on Hacker News was a post called I wasted $40k on a fantastic startup idea. It’s about one developer’s hard-earned lessons (nine months of work and $40K) on how to validate a Brilliant Startup Idea.

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Why the PNW startup market is 🔥🔥🔥

To kick off 2020, I wanted to recap some of the best articles on what’s going on in the Seattle and Pacific Northwest tech and startup ecosystems...

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Thank you, thank you, thank you!!

🤩 Thank you everyone for reading and supporting the DL! The first DL went out in June to 4 subscribers, and today this is going out to 888 of the PNW’s smartest, nicest, most good-looking, and successful people. 🎉

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Top DL articles of 2019

In case you want to spend your holidays reading about tech stuff (no judgment!), here are some of the top DL articles from the last year.

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2010s - The Smartphone Decade

Did you know that the Uber, Instagram, FaceTime, and Netflix apps all launched in 2010? Spotify and WhatsApp also launched in 2009. What an insane couple of years (and decade) for VCs and startups focused on mobile.

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2010s - Consumer vs. Enterprise Startups

Which makes more money - consumer or enterprise startups? Sapphire Ventures put together an interesting report looking at trends over the last decade. Here are the takeaways:

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