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

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The (Not Failing) Media Company

There were a lot of hot takes on Quibi last week, but this ~170 slide deck on “The (Not Failing) New York Times” is much more interesting.

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How to Ask Questions Like a VC

A few weeks ago, one of the local accelerators asked me if I had a list of questions to help startups prep for investor meetings. I didn’t have one ready, but I thought it would be a great idea to write one, so here’s my list...

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Best Prime Day Ever (...for small businesses, at least)

One of the most fun parts of working with startups is celebrating the “best day ever,” “best month ever,” and “best quarter ever” every time there is a big milestone. Of course, for fast-growing companies, every quarter is typical

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V1 Guide to Marketplaces

Version One, a Vancouver-based VC, published the third edition of their Guide to Marketplaces, last week, and it’s a fantastic resource for anyone interested in building and investing in marketplace businesses.

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What $500M Buys You in Seattle

Here are some financial metrics for three Seattle area companies. They look very different, but all are valued around $500M. Can you guess what each of them are?

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Should Companies Take Political Stands?

One interesting story from the last couple of weeks was Coinbase CEO Brian Armstrong’s blog post stating that Coinbase is a “mission focused company” that will not engage in political causes and broader societal issues because the

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What's Next for Software Multiples?

Morgan Stanley published an interesting report last week on valuation multiples for software companies and why they are at decade highs. Their take was that software stocks are up 50%+ YTD, but for good reasons:

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September 2020 PNW Venture Deals

Here are the PNW startups that announced new fundraising rounds in the month of August. These 40 companies raised more than $450M last month!

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Trust Me 🙂

According to the study Jeff Bezos cited, people trust Amazon more than the police, extreme weather warnings, and the US government. So would you trust them with your palm print?

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How to Remote Work

Fast Company wrote an excellent article about the asynchronous, all-remote work style at Gitlab and their (amazing) 7,100 page employee handbook that makes remote work work.

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