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

Featured Posts

Find Stuff

Built with Webflow

Latest Articles

How to raise money, according to the pros

Last week, YC published their guide to raising a Series A - great, practical advice combined with data from their companies. Some of the highlights:

Read more...

🤑 <-- Seattle tech workers

There were a bunch of headlines last week on how the 125K “information workers” in King County make an average of $279K per year according to BLS data. That's $35B a year...

Read more...

Consumer brands and marketplaces that VCs love

A few weeks ago, I wrote an article on why VCs love SaaS businesses, and some readers thought the takeaway was marketplace and consumer businesses are bad. Not what I meant! The takeaway was that SaaS startups should be...

Read more...

Find your perfect job

Ever wonder… if I weren’t a _______, what would I want to do? Well here’s some research showing which jobs are most closely related to one another based on the personality profiles of people in those professions...

Read more...

Coolest spreadsheet ever

Excel is the MVP of the Office suite, and here is proof - you can implement computer vision algorithms in Excel without any special scripts or macros...

Read more...

Earnings season for Seattle companies

Redfin and Expedia both had great earnings calls last week with Redfin stock up 20% and Expedia up 10%. These are definitely two companies to track over the next few quarters...

Read more...

Amazon is the biggest advertiser on earth

Amazon spent $11B on ads last year. That’s literally enough money to buy an Echo for every single person in America and have $1.5B left over to go acquire Sonos. According to WPP, this represents ~2% of all global ad spend...

Read more...

January 2020 PNW Venture Deals

Here are the PNW startups that announced new fundraising rounds in the month of November. These 23 companies raised ~$180M last month!

Read more...

Amazon reaches $1T market cap!

Amazon has officially joined Apple ($1.4T), Microsoft ($1.4T), and Alphabet ($1.0T) in the cuatro commas club! To celebrate, here are a few great quotes from haters including Barron’s 1999 Amazon.bomb article:

Read more...

Why VCs love SaaS Businesses

VCs love SaaS businesses because most public SaaS companies need less than $1 of capital to acquire $1 of ARR. Here's how SaaS capital efficiency compares to other types of businesses

Read more...